Service Offering
Comprehensive and Specialized Accounting Services offers acomprehensive range of services nomatter the scale of your corporate or private business.
Secretarial Services
We offer secretarial services to small and medium-sized entities as well as large entities. We do understand the administrative requirements involved in keeping the company records up to date and the storage of key company documents.
Our secretarial services include, but are not limited to:
- Registration of companies (CIPC, Industry bodies etc)
- Submission of annual returns
- Drafting of company resolution
- Preparation of Annual General meetings’ required documentation as well as minutes
- Maintenance of statutory records according to Companies Act 71 of 2008.
Payroll Services
We can free up time spent on payroll functions and save you costs of hiring staff to perform these functions. Our processes are developed to ensure all payroll functions and related activities are performed.
We keep ourselves up to date with legislative changes ensuring compliance is met with all payroll authorities. We provide you with a payroll system were your employee information is kept in a safe and secure environment.
- Preparation of the payroll on a monthly basis
- Processing and submission of payslips to employees
- Payment of net salaries to employees
- Providing detailed payroll reports on employees leave, earnings, deductions, etc.
- Calculation of amounts due for PAYE, SDL and UIF
- Preparing and issuing of IRP5s to employees at tax year-end
- Calculating the payroll taxes – EMP201 and EMP501
- Advise on the amount payable to SARS in respect of PAYE and SDL
- Manage communication from SARS and other institutions relating to the payroll
Accounting Services
It is very crucial for small and medium-sized businesses to know and understand the importance of record keeping and financial statements.
In so many instances business owners do not assess the performance and growth of their businesses and unfortunately, this has led to unexpected business failures and closures in South Africa and Africa as a continent.
Monitoring business performance through record keeping is vital, hence the need for a qualified accountant. By law, taxpayers (Companies and Individuals) are required to keep certain tax records for 5 years.
Businesses are also required to prepare Annual Financial Statements according to reporting standards i.e. International Financial Reporting Standards (IFRS) or International Financial Reporting Standards for Small to Medium-sized entities (IFRS for SMEs).
- Proper bookkeeping/recordkeeping using appropriate accounting system
- Preparation and review of monthly management accounts for management decision making
- Budgeting and review of budgets against actual performance
- Preparations and presentation of Annual Financial Statements
- Monthly and yearly reconciliations
- Processing, updating and general maintenance of a fixed asset register.
Taxation Services
Nhlayiso Accountants has a team of skilled, experienced, and knowledgeable tax practitioners, who are up-to-date with the laws and regulations of the South African Revenue Services (SARS).
Our main objective is to keep our clients compliant. We also have an intense focus on helping our clients to move forward in the best way possible while not breaking any Revenue Authority laws and regulations.
Nhlayiso Accountants Tax Practioners are ready and able to assist you with the following tax services:
- Tax registrations (Income Tax, VAT, PAYE, SDL, Diesel Rebate, Dividend withholding tax, etc.)
- Income tax calculations and returns for Individuals and companies
- Provisional Tax calculations and returns
- Public Benefit Organisations and tax-exempt entity tax calculations and returns
- Tax planning
- PAYE, UIF and SDL calculation and returns
- VAT compilations and returns
- Diesel rebate compilations and returns
- IT14SD reconciliations and returns
- Withholding calculations and returns (e.g. dividends, interest and royalties)
- Applications in respect of the Voluntary Disclosure Programme
- Tax clearance certificates and Tax directives
- Tax dispute resolutions (Drafting disputes and appeals, attending meetings at SARS representing the client)
- Amending/updating SARS registered details
- And much much more tax services from reliable tax practitioners.
Preparation of monthly management accounts and Bookkeeping
Annual Financial Statements
Business Income Tax
Personal Income Tax
Company Registrations
Statutory Registrations
Submission of all Statutory Returns
Business & Annual Operating Plans
Administrative Costing
Patent & Trade Mark Registrations
Comprehensive Business Valuations
BEE Verification Certification
CIDB Registrations
Due Diligence
Tax Clearance Certificates
Capital Gains Tax Computation & Submission
Foreign Exchange Applications
Accredited Online Agents for CIPC
Registered SARS Tax Practitioners
Business Funding Liaison
Business Rescue Services
Trust Registrations
Company & Close Corporation Liquidations
Just submit your contact details and we’ll be in touch shortly.
Our Promise
The highly-valued assets of Nhlayiso Accountants (Pty) Ltd are the people tasked with the functioning of the firm, who bring skills and expertise into the firm. We subscribe to the highest business ethics and live by the spirit of Ubuntu in all our interactions.
