BUSINESS SERVICES TEST

The below services is offered by Positive Trends Financial Services

 Registration Services  
  • Register a Company 
 To register a new company with CIPC
  • Register company with SARS 
 After company is registerd with CIPC, you will need to register it with SARS for a Tax number  
  • Register for VAT with SARS 

Registering for VAT is compulsory if your Turnover is over R1 mil per annum. You may register 

voluntary if turnover is more than R500 000 per annum. 
  • Register for PAYE, UIF with SARS

You need to register for PAYE if you employ one person. Or if you the owner/member is drawing

a salary.
  • Register for UIF with department of labour 
 If you have any employees but they do not earn more than the tax threshold. 
  • Register for SDL 
 If your annual payroll will exceed R500 000 you need to register for skills develpoment levy (SDL)  
  • Register with Compensation fund                  
 As soon as you employ your first employee, you need to register. 

 

 Managing your company Accounting or bookkeeping function
  • Submit return with CIPC
 Prepare and submit annual return to CIPC. This needs to be submitted in the month your company was registered every year.
  • Submit annual Tax return with SARS 
 To submit your company's annual tax return with SARS. This needs to be done with in 6 months of your Financial year end.
  • Submit VAT returns
 Prepare VAT return to SARS. This is normaly done every 2 months and depend on your registration with SARS 
  • Submit PAYE, UIF & SDL to SARS
 Prepare and submit EMP201 to SARS before the 7th of every month. 
  • Submit UIF with department of labour
 This needs to be done even if you submit your UIF to SARS. 
  • Submit annual return of earnings with Compensation fund    
 Prepare & submit your return of earnings to the Compensation fund. This is normaly done in April/May of every year.

 

 Payroll  
  • Prepare payslips 
 We prepare the payslips for your employees and sent it to them.
  • Prepare payment file
 A payment file is prepared for you to sign off before any payments are made 
  • Prepare & submit returns                                                      
 All statuter returns are prepared and submitted. This includes PAYE, UIF (Monthly and bi-annualy). All stats and other returns.  
   
Last modified on Wednesday, 19 November 2014 07:47
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Online Service

We provide a fully comprehensive online service, covering all the bookkeeping, accounting, tax compliance and advice that a business needs. Not just software and not just expertise, but both – in one all-inclusive, low-cost package. This new, modern approach dramatically improves the service businesses receive – reducing time, cost and risk and improving control.

World Class Support

As professional advisers we help our clients solve complex business problems and aim to enhance their ability to build value, manage risk and improve performance. In order to succeed, we must grow and develop, both as individuals and as a business.

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