Administrator

Administrator

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INDIVIDUAL SERVICES

You as an Individual Tax client of Positive Trends Financial Services can register for any of the following offerings:

  •  Register as a Tax payer
If you receive an income you will need to register as a Tax payer with SARS.
  •  Submit your annual Tax return
If you earn more than the tax threshold for the applicable tax year you will need to submit a tax return to SARS 
  • Tax planning 
Are you paying to much tax? Let us help to structure your affairs in a manner that will benefit you in a legal way.
  • Estate planning 
We can help to arrange your estate in the most tax efficient way. 

 

 

Compile annual Tax return and submit to SARS.

Compile annual Tax return and submit to SARS.

 

When do I need to submit a return?

If you are registered for income tax, you will be required to submit an annual income tax return to SARS. The year of assessment (commonly referred to as a “tax year”) runs from 1 March to 28 February in the next year. Every year, SARS announces its Tax Season, a period during which you are required to submit your annual income tax return. The tax season for the 2014 tax year opens on 1 July 2014.

Where taxpayers receive remuneration which is less than R250 000 (For the 2014 tax year), they may elect not to submit an income tax return, provided the following criteria are met:
  • Their remuneration is from a single employer;
  • Their remuneration is for a full year of assessment (1 March – 28/29 February);
  • No allowance was paid, from which employees’ tax was not fully deducted;
  • No further deductions need to be claimed or income declared.

When should Provisional Tax be submitted?

  • The first provisional tax submission and payment must be made within six months of the start of the year of assessment for 28 February or six months after the approved financial year end date .
  • The second submission and payment must be made no later than the last working day of the year of assessment ending 28 February.
  • The third submission and payment is voluntary and may be made –
    • within seven months of the year of assessment, where the year of assessment ends in February, which is 30 September and
    • within six months of the year of assessment, in any other case.

 

Cost:

Individual with only one IRP 5

R 300

Individual with IRP 5 and Travel allowance

R 425

Individual receiving commission

R 550

All other forms of income will be done as per quotation.  

Website Launch

As you can see we have launched the first version of our website [yjsgfa name="fa fa-smile-o"]. The development of the site is by far not finished as it will be an ongoing process where we will be implementing new features to make the financial services that we offer more attractive to our customers.

You are welcome to leave any comments if you feel like it, you can do so by navigating to the Contacts page and send us an email with any RECOMMENDATIONS.

Please like our page or register as some functionality will only be available once you have registered with us. Remember your contact details will remain safe and we will not distribute any of your details.

Regards

SERVICES

You can access examples and fees by clicking on a service below. You don't need to be logged in to see this,  you must however be logged in to see the form.

On each service, clicked the following info will be displayed:

  1. Additional forms needed from the user to buy this service (if applicable). 
  2. Short description of the service, what it is, how it works etc. 
  3. Cost of the service. 
  4. Example of the form that must be completed, once logged in, to order the service. 

Please make sure you have all the information on hand needed for every specific form before you start completing it.

We provide the following services to our registered users:

 

 

ACCOUNTING SERVICES

Annual Accounting Services

 Monthly Accounting Services

  • Data Processing
  • Payroll Journals
  • Depreciation Journals
  • Lease Interest Journals
  • Inventory Journals
  • General Journals
  • Keeping record of Fixed Asset Register
  • Compiling of Annual Financial Statements
  • Minutes of Meeting
  • Audit Pack for External Auditors 
  • Monthly Accounting Fee
  • Customer Invoices
  • Customer Credit Notes
  • Supplier Invoices
  • Supplier Return & Debits
  • Bank Statement Transactions
  • Petty Cash Transactions (including Cash on Hand)
  • Reconciliation of Bank Statement
  • Payroll Journals
  • Depreciation Journals
  • Lease Interest Journals
  • Inventory Journals
  • General Journals
  • Compiling of Monthly Financial Statements
  • Management Meeting every month
  • Keeping record of Fixed Asset Register
  • Reconciliations of Debtors Accounts
  • Debtor Account Statements
  • Age Analysis for Debtors
  • Reconciliations of Creditor Accounts
  • Creditor Account Statement and Payment Request
  • Age Analysis for Creditors 

 

TAXATION SERVICES

 Business Tax Services

 Statutory Tax Services

 Personal Tax Service

  • Income Tax Return - Sole Trader
  • Income Tax Return - Trust's
  • Income Tax Return - Close Corporation
  • Income Tax Return - Private Companies
  • Verification of Assessment
  • Objection against assessment
  • Tax Clearance Certificate
  • Sorting out Tax Clearance Issues
  • Provisional Tax Returns
  • Calculation of Capital Gains Tax
  • Secondary Tax on Companies
  • VAT201 Return
  • EMP201 Return
  • EMP501 Return (PAYE, SDL, UIF Reconciliation)
  • IRP5/IT3 - Certificate 
  • Income Tax Return 
  • Verification of Assessment
  • Objection against assessment
  • Tax Clearance Certificate
  • Sorting out Tax Clearance Issues
  • Provisional Tax Returns
  • Calculation of Capital Gains Tax
  • Secondary Tax on Companies

 

 PAYROLL ADMINISTRATION

  • Salary Administration - daily, weekly and monthly staff - quote request
  • Preparation, provision and electronic filing of IRP5 documentation - quote request
  • PAYE, UIF, SDL and WCA registration, calculations and submissions - quote request
  • Liaison with SARS, UIF & WCA - quote request
  • Employment Contracts

 

BUSINESS SERVICES

  • Business Consulting
  • Implementing of Internal Control Measures
  • Business Plans
  • Cash Flow Projection & Budget
  • Income & Expenses Budget
  • Capital Budget

 

REGISTRATION SERVICES

 BUSINESS REGISTRATION

 TAXATION REGISTRATION

 PAYROLL REGISTRATION

  • Electronic name reservation
  • Registration of Private Company
  • Registration of Non - Profit Company
  • Registration for Income Tax - individual
  • Registration for Income Tax - Entity
  • Registration for Income Tax - Trust
  • VAT Registration
  • PAYE Registration (SARS - PAYE, SDL & UIF)
  • UIF Registration with department of labour
  • Workmen's Compensation Registration
  • Domestic Employer UIF registration

 

STATUTORY COMPLIANCE

  • Amendments to companies and close corporations
  • Lodgement of annual returns
  • Appointments/ resignations of directors and officers
  • Amending share capital structure, including transfer and allotment of shares
  • Amendment to companies memorandum and articles of association
  • Conversion from a close corporation to a company
  • Deregistration of companies and close corporations
  • Restoration of companies in deregistration

HOW WE OPERATE?

We at Positive Trends Financial Services are proud to be an online Accounting service. We hope to make the functions on this site as user-friendly as possible.

The process works as follow:

  1. Browse the site for an array of our online services
  2. Register as a user on the site
  3. Follow on-screen instructions for your specific needs
  4. Pay via secure online payment (if applicable)
  5. All relevant information and documentation will be sent to you via e-mail

In order for you to use any of the services offered you need to be registered as a user on our site. 

 

HOW  DO I REGISTER?

To register click on the register button below. Once registered you will have full access to all sectors of the site.

[button type="info" link="http://positivetrendsfinancialservices.co.za/ptfs/index.php/users-hilka/login"] Register [/button]

 

  • As a registerd user you will have access to register for the service you need.
  • All forms for the registration of service will be available
  • You will have access to all your documentation submitted to us
  • You will have access to all documentation generated by Positive Trends Financial Services.
  •  You will be able to communicate with us through e-mail, SMS and Skype.
  • If registered for the service you will be able to have a Skype meeting with us every 2 weeks.

 

CORE VALUES

  • Integrity and commitment

Always strive to deliver on our promises and adhere to the highest moral and ethical standards.

  • Affordability/ Value for money

Continually seeking to be fairly priced and to always add value to your business therefore always trying to ensure a optimal cost to benefit ratio.

  • Personalised individual service

Valuing each and every client.

  • Quality

Ensuring that a high level of service delivery is maintained at all times.

THE TEAM

JacoVermaakJaco Vermaak is a qualified Accountant in South Africa. Jaco has over 7 years of financial management and tax experience at a senior level in industries ranging from financial services (predominantly banking) to professional services and manufaturing.

Jaco is a conscientious and hard working professional person with strong corporate experience behind him. This together with his strong technical accounting and tax skills make him eminently capable of adding value to your business, either in an accounting, tax or business advisory capacity. The essence of Jaco's service ethic means that he always strives to deliver the best possible service to his clients at all times in a timely and cost-effective manner.

ABOUT US

Positive Trends Financial Services delivers accounting/bookkeeping, taxation, statutory, payroll and related services. The business was founded by a qualified Accountants, who strive to obtain the highest level of excellence in both their professional and personal lives.

We are passionate about our work and believe that quality is a necessity; therefore something that should never be compromised.

Based on our experience, we have learnt how important it is for a business to maintain proper accounting records, evaluate and understand their financial information and stay on top of compliance issues. If these are not addressed, it could have serious consequences for a business. We understand however, that running the daily operations of your business, leaves little time to spare to properly maintain your accounting records and stay up-to-date with the ever changing regulations; especially with limited resources.

This is where Positive Trends Financial Services comes in. Many small business owners have an in-depth knowledge about the core of their business activities, but they are intimidated with the financial aspects that are involved in running a business. We aim to not only provide you with financial reports, but to explain them to you, thereby enabling you to understand the financial well-being of your business and to act accordingly.

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