The Taxation Services unit of Nexia SAB&T provides taxation services to both natural and statutory persons. Taxation services are provided by skilled, experienced, and knowledgeable tax practitioners, who are up-to-date with the latest changes implemented by the South African Revenue Service (SARS) regarding:
- Capital Gains Tax
- Corporate Income Tax
- Dividend Tax
- Donations Tax
- Estate Duty Tax
- Pay As You Earn (PAYE)
- Personal Income Tax
- Provisional Tax
- Retirement Funds Tax
- Securities Transfer Tax
- Skills Development Levies (SDL)
- Transfer Duties
- Turnover Tax
- Unemployment Insurance Tax (UIF)
- Value Added Tax (VAT)
Each of these taxes has to be submitted and paid in a specific time period. Nexia SAB&T assists their clients in submitting their returns on time, correctly and in so doing avoids unnecessary objections and penalties being raised by SARS.
Nexia SAB&T structures their clients’ tax affairs in the most efficient manner allowed whilst adhering to all relevant legislation.
Taxation Services offered by Nexia SAB&T include:
- Application for deregistration of taxes
- Application for exemption from income tax (NPO’S etc.)
- Application for offer of compromise
- Arranging deferred payments
- Calculation and submission of provisional tax
- Calculation of tax liability
- Checking income tax assessments
- Completion and submission of dividends tax returns
- Completion and submission of income tax returns
- Completion and submission of PAYE and VAT returns
- Completion and submission of UIF and workman’s compensation returns, which are filed with the Department of Labour
- Exemption certificate for employee’s tax
- Income tax registration
- Objections
- PAYE registrations
- Salary structuring
- Tax and estate planning advice
- Tax clearance certificates and certificates of good standing for tenders and foreign investment
- Tax directives
- UIF and workman’s compensation registrations with the Department of Labour
- Update of banking details with SARS
- VAT registrations
