Nongalo Financial Services CC (“NFS”)

Tax

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Taxation is an increasingly complex field. Most business decisions affect several of the many taxes to which we are subjected, be they Income Tax, PAYE, VAT, Dividends Tax, Securities Transfer Tax, Donations Tax, Estate Duty etc

Our services range from the basic process of preparation and submission of VAT returns through to consulting on the tax implications of complex business arrangements. In some cases we find it appropriate to supplement our accountant’s approach with a specialised legal approach and would then introduce and work with a tax attorney.

Registration for VAT, Income tax, UIF, PAYE etc

We perform these registrations on request, including, where necessary the preparation of a Business Plan for VAT registration purposes. SARS requires that the tax affairs of the company and its Public officer be in order before allowing a registration

Tax Returns

We take full control of an individual's and corporation's tax affairs using CQS Taxware to manage the day to day processes. Where possible we try to screen the client from SARS by acting as SARS’ first point of enquiry and dealing with issues before they reach the client

VAT and payroll returns

Either as part of a bookkeeping service or as a separate service, we complete and submit statutory returns such as VAT, PAYE, and UIF.

Dividends Tax returns

In the event that a client declares a dividend, we prepare and submit the Dividends Tax return.

Tax advice and strategy

Simo’s main activity is meeting with clients to discuss, plan and deal with their numerous tax issues and the tax implications of business activities that they are planning.