Accounting and Bookkeeping
How do our solutions and services provide relief and benefit to our clients?
Once signed up, we will keep you updated with the latest developments or changes in the VAT legislation in South Africa. Whether it is compulsory or voluntary registration Procon Business Consultants is the one-stop destination that you need for this. We can help you with the complete end-to-end process of VAT registration based on the specific guidelines for your business and industry. No matter what services or products you sell, you will need VAT registration and compliance. We provide highly affordable services for all such requirements for the companies working in South Africa.
What we offer under this service
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VAT registration
Upon reaching certain thresholds, or when specific conditions have been met, you will need to register for VAT inorder order to sell products or services in the South Africa. Procon Business Consultants helps you with this as well. We help you with the entire process of VAT registration while keeping in mind the regulations.
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VAT Returns filing
Based on the VAT cycle allocated to you as per your VAT registration certificate, you will have to file your VAT returns either monthly, or bi-monthly (in odd or even cycles) and in some instances you will have to attach relevant supporting documents upon SARS’s request. We will help you put all the information together and file timely, accurate VAT201 returns
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Tax management
While we help you with the registration as well as filing of your VAT, we don’t end our work there. We also help you identify which transactions are Vatable? At what Rate? Which are exempt and ones in which input tax has been denied. We also ensure that we help you save on VAT penalties and interest levied for non compliance.
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Tax reporting and recording
In addition to registering and filing for your taxes, we also ensure to maintain appropriate records of all the tax related documents. This ensures your safety in the future too in case you face some inquiries.
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Fiscal Representative
Any foreign company registering for VAT in South African countries needs a South African fiscal representative. Procon Business Consultants also provides you with this service so that your work can be conducted seamlessly.
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SARS Compliance
All our financial experts are well-versed with the rules, regulations and statutory guidelines pertaining to VAT registration and filing. We will always ensure that all the work that we do on your behalf is in compliance with SARS requirements.
Our Services
Our accountants work hard to provide you with complete, accurate and timeous financial reports so that you can make sound and responsible decisions. Our services include:
Why Outsource to Us Instead of Doing It Yourself
The registration of VAT and the filing of the VAT201 returns can be a very complicated process. There are a lot of rules and regulations that you need to abide by in order to avoid any legal or statutatory troubles. In order to do this, you need to have a thorough knowledge of the South African VAT laws and legislations.You will need to submit details of all the input tax claimed as well as the taxable sales with this.
If your turnover is more than ZAR 30 million, you may apply to file the VAT201 return on a monthly basis. Otherwise, you will will have to file the returns in bi monthly odd or even cycles. Between this, companies also have to ensure that thestatutory deadlines of this are adhered to, all VAT liability has to be settled by companies before the return deadline which falls on the 25th of the next month after the period end. If you outsource your VAT return work to us, we have experts who will comply with all these and other required regulations.
Why Choose Us
When you partner with Procon Consultants, you are choosing the financial health of your business by getting premium quality financial and accounting services at highly affordable prices.
Fixed and Competitive Fees
- We are mindful of the fact that the cost of taking on our accounting services should not be greater than the benefit derived.
- Furthermore, we undertand that in business, knowing the total costs upfront is important before you commit to a product or service.
- The fee we quote for our accounting services, payroll services or bookkeeping services is the fee that you will pay.
- We always provide a fixed fee quote in advance of doing any work so that you know what you are paying.
- We have come up with a fee policy that aligns the fees charged with the size and scope of the work involved.
Online Accounts
- We use the lastest online accounting software and technology to prepare your books, to manage the statutory deadlines, and to give you complete and accurate financial reports. The use of technology in our processes enables us to work in real time with our clients on their accounting and tax matters.
Swift response time
- We will deal promptly with all emails and/or phone calls. We also aim to have draft accounts available within the agreed upon time after all the information has been supplied to us.
Client Testimonials
All the clients that have worked with us only have good things to say about us. Find out what some of our recent clients think about their experience with us:
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I contacted Proconconsulting with regards to company registrations. The companies were registered within a few days and I was kept informed of the status and progress along the way. Victor provided me with a personalized service, which made an already daunting experience of being a first time business owner so much easier. I am a happy client and I highly recommend Proconconsulting.
Director Tessa’s Design Studio
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When I initially started my journey as a small business owner, managing my finances felt like quite a daunting task. My decision to work with Victor was the best choice for my business. Not only was he able to professionally cater to my business’ current needs, but I am confident that his accounting services will cater to the business’ needs as it grows.
Director Director Muh & Mudh (Pty) Ltd
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Quality work delivered in a timely manner?
A very insightful and a knowledgeable team offering a wholesome accounting product including tax and payroll?
Look no further for your accounting, tax and payroll services they are good at what they do.
Oscar Whacha Ca(sa) Ernst & young southampton uk
Contact Procon Business Consultants to discuss how we can help your Sole trader business
Lorem Ipsum is simply dummy text of the printing and typesettinPartners We Work With
Since we have started Procon Consulting, we have become the go-to name for many of our partners. Some of our better-known partners include:
