Vital Tax - Western Cape

ABOUT US

The Challenge: Individual Tax Returns

With all the changes in the Tax Administration Act the demand to submit Individual Income Tax returns has increased substantially. The requirements for Tax return submission is becoming more stringent with each passing year, eventually causing the regular taxpayer to seek professional assistance.

It has become increasingly clear that individual tax is not being prioritised by practices that deliver a variety of services. Vital Tax would like to accommodate these individuals by focusing our core services on individual taxes, but also by noting that we have the expertise to deal with and advise on other financial services.

Finding an accountant to prioritise the small to medium businesses with the same commitment you as the owner has is not an easy task, but it is an important decision for your business to thrive.

When starting up a business or working on growing your business, you can easily feel overwhelmed by the many regulatory bodies and requirements in South Africa. These requirements has become a cumbersome process by spending a great deal of your time simply trying to comply, thus making the move to a professional accountant so much more crucial.

Why us: Individual Tax Returns

Weary of looking for a professional to deal with your personal income tax and breaking the financial budget to stay compliant with SARS?

Let an Online tax professional manage your personal tax affairs with a passion for personal income tax and the goal to make the process as straightforward as possible.

We endeavour to deliver an efficient service to alleviate the burden of dealing with taxes for the South African individual with time and financial constraints.

Communication and interaction with SARS on your behalf.

We want to offer our personalised assistance with your accounting and business needs by utilising online technology. Personalised meaning that we will note your specific business requirements in terms of the accounting function and build our services around this.

We aspire to build relationships with our clients and be there with every step they take in setting up and/or growing their businesses. Our approach is simplifying the processes and requirements making it more efficient for you to focus on your business. 

SERVICES

Personal Income Tax Submission

Our Personal Income Tax Submission Service caters for those wanting to ensure compliance with SARS but are too busy with daily responsibilities. We have years of experience and have handled various kinds of Income Tax submissions on behalf of taxpayers. The entire process from collating the information to the SARS submission is done by us. Any challenge is welcome and we endeavor to deliver satisfaction.

Personal Income Tax Submission Process

In just a few easy steps we will complete and submit your personal tax return:

• Submit your contact details on website
• We will request some basic information from you including an information request
• We will forward a Power of Attorney (the standard one required by SARS) for you to sign and return to us
• A status update will be requested from SARS
• Your tax return will then be completed
• We will email you a copy of the tax assessment received from SARS once your tax return has been submitted
• Any correspondence to and from SARS will be dealt with by us
• We will object to any incorrect tax assessments by SARS on your behalf

Complete Accounting and Tax Function

Whether you are a Start-up company or in the process of growing your business, there is a time constraint for adhering to your accounting and tax obligations. Most small to medium sized businesses cannot afford a full-time financial section. We have the enthusiasm for these businesses to thrive and experience the same satisfaction as the owners with all the milestones associated with growing their businesses. Our resources are available for all aspects for compliancy with relevant regulatory bodies.

Our Accounting and Tax Solutions include:

• Annual Financial Statements
• Monthly Accounting Processing
• Payroll Processing and Submission
• Secretarial Services
• Tax Consultation

We offer retainers for a full function client to lessen the cash flow burden. It all starts with one phone call or email for your business to get the assistance you require.

Annual Financial Statements

We Can Prepare and Sign Annual Financial Statements For Businesses in South Africa.

This is an option for the business owner who already has an established financial department in the business and require a professional accountant to prepare and sign Financial Statements. We do recommend other service options also be considered, but we also want to customise our service to suite your needs as a business.

Monthly Accounting Processing

Some businesses are looking for an affordable monthly accounting option and we can assist with building a service package around your needs. Most start-up companies cannot afford a full-time employee to manage the daily financial records due to financial constraints during the 1st few years. If you are in this situation then this option is the perfect solution for you.

Benefits

• No need for a dedicated bookeeper
• Monthly accounting done with the annual requirements taken into account
• Updated monthly reports on your income and expenses
• Monthly reports on how much is owing to your suppliers
• Monthly reports on how much is owing by your customers

Payroll Processing and Submission

Do you require your monthly payroll processing to be outsourced? This service is perfect for the business who requires an independent and confidential 3rd party to manage your monthly payroll. An added bonus is that we are Tax Professional and have Human Resource experience – refer to our Human Resources Management service for more information.

Human Resource Services

Do you rely on Employment contract templates and Labour Law procedures extracted from the internet?

Have you ensured that all your company policies are clearly stated on your Employment contracts?

Make sure are on the right side of the law when employing and managing your personnel at your company. We provide an employment package that can be tailored to your company’s specific policies and procedures to ensure compliance with the Basic Conditions of Employment Act while protecting your company’s business interests.

Secretarial Services

Whether it’s you require a company to be registered or your Annual Returns needs to be filed at CIPC, we can execute it for you. During the course of any business there comes a time where you need to make statutory changes in your company – it could be change of address up to change in directorship and we can do this for you.

Registrations

When starting a business there are registrations to be filed with regulatory bodies like SARS and Department of Labour. Our services include various registrations to ensure compliancy for your business from the start. We also assist thereafter with setting up the requirements that invariably follows a successful registration.

Tax Consultation

Do you have questions about tax saving options? Need to know more about certain tax implications? Not sure how to ensure SARS compliance? Received correspondence from SARS and you need to respond? With tax being an ever-evolving dynamic and having to take into account annual changes, it is always a good idea to discuss options with a professional. Contact us and we will arrange a consultation so that you don’t have to be unsure about your options.