The company has 12 months to submit the ITR14 after the financial year-end. The financial year end is indicated
on the company registration certificate from CIPC.

The declaration must be accurate, stating all income and expenses so that over or under tax assessment is avoided. For the assessment year ending on, or after 31 March 2023, the rate of Corporate Income Tax is 27% (previously 28%).

Our services:

• Setting up the declaration on your behalf  stating all income and expenses.
• Completing and submitting the Company Income Tax return (ITR14) at SARS
• Ensuring timely submission of the annual CIT before the specified due date.

The post Annual Income Tax Return (Active Companies) appeared first on Company Startup.

Companies must declare their income annually by submitting a Company Income Tax Return (ITR14)
once their registration has been finalised.

The company has 12 months to submit the ITR14 after the financial year-end. The financial year end is indicated
on the company registration certificate from CIPC.

The declaration must be accurate, stating all income and expenses so that over or under tax assessment is avoided. For the assessment year ending on, or after 31 March 2023, the rate of Corporate Income Tax is 27% (previously 28%).

Our services:

• Setting up the declaration on your behalf  stating all income and expenses.
• Completing and submitting the Company Income Tax return (ITR14) at SARS
• Ensuring timely submission of the annual CIT before the specified due date.

The post Annual Income Tax Return (Inactive Companies) appeared first on Company Startup.

The first submission is due six (6)
months from the start of the financial year.

The second
submission is due at the end of your financial year.

Our Services:

• We'll complete the IRP6 Form on your behalf and ensure your submissions are up to date
• We'll ensure you stay compliant with SARS regulations and optimize your tax payments.

The post Provisional Tax Return (Inactive Companies) appeared first on Company Startup.

What is a dormant / non- trading company?

A company that did not partake in any trading activities in the last financial year. This means that no transactions, or payments was made or have been received. If any trade has occurred, the necessary tax returns needs to be submitted to qualify for a tax clearance PIN certificate.

What is a tax clearance PIN?

A certificate showing your company's taxes are up to date issued by SARS, and in good standing for you to be credible for tenders, finance, contracts and foreign investments. The tax clearance PIN is only valid for 12 months.

What is Required per service?

• Registered company
• Tax number
• Business bank account
• Director ID number

What do we provide?

Income tax registration number does not automatically register you for e-filing.

We create and activate your account on e-filing for your registered company, connect your business bank account, and verify your company’s details with SARS hassle free.

Once your account has been activated and verified by SARS, we send you your login details, tax clearance PIN certificate, and  SARS statement of account.

Outstanding tax

It is essential that all outstanding tax returns and tax payments is settled to qualify for a tax clearance PIN certificate. This includes prior year returns, even if the company did not trade, a tax return is still required.

Duration: 7 weekdays

The post Tax Clearance (Dormant / Non-trading companies) appeared first on Company Startup.

Income tax registration number does not automatically register you for e-filing.

We create and activate your account on e-filing for your registered company, connect your business bank account, and verify your company's details with SARS hassle free.

Once your account has been activated and verified by SARS, we send you your login details, and SARS statement of account.

What is Required per service?

• Certified ID copies of all directors
• Proof of address of the representative
• Proof of address of the Business

Duration 7 working days

The post Company Tax E-Filing activation (SARS Registered Representative update as public officer)) appeared first on Company Startup.

Who needs to pay tax?

• The first level of the tax bracket is a taxable income of R1 - R216 200 for the year of assessment  1 March 2021 - 28 February 2022. Therefore you are liable to register for personal income tax for any income earned.

What is Required per service?

• Copy of ID
• Proof of address less than 3 months old
• Proof of bank details less than 30 days old

Please send the following information to info@companystartup.co.za

Please note that a 50% deposit is payable at checkout

We will send you your personal tax income number within 5 working days

Duration 5 working days

The post Individual Tax registration for an employee (by Employer) appeared first on Company Startup.

Who needs to pay tax?

• The first level of the tax bracket is a taxable income of R1 - R216 200 for the year of assessment  1 March 2021 - 28 February 2022. Therefore you are liable to register for personal income tax for any income earned.
• If your employer is registered for PAYE a monthly deduction of tax will be withheld and paid to SARS. It is therefore essential that you need a personal income tax number prior to starting working.
• All directors with registered companies needs to be registered for personal income tax

What is Required per service?

• Copy of ID
• Proof of address less than 3 months old
• Proof of bank details less than 30 days old

Please send the following information to info@companystartup.co.za

Please note that a 50% deposit is payable at checkout

We will send you your personal tax income number within 5 working days

Duration 5 working days

The post Individual Tax registration appeared first on Company Startup.

What is a tax clearance PIN?

A certificate showing your company's taxes are up to date issued by SARS, and in good standing for you to be credible for tenders, finance, contracts and foreign investments. The tax clearance PIN is only valid for 12 months.

What is Required per service?

• Registered company
• Tax number
• Director ID number

What do we provide?

Income tax registration number does not automatically register you for e-filing.

We create and activate your account on e-filing for your registered company, connect your business bank account, and verify your company’s details with SARS hassle free.

Once your account has been activated and verified by SARS, we send you your login details, tax clearance PIN certificate, and  SARS statement of account.

Outstanding tax

It is essential that all outstanding tax returns and tax payments is settled to qualify for a tax clearance PIN certificate. This includes prior year returns, even if the company did not trade, a tax return is still required.

Duration: 7 weekdays

The post Tax Clearance (Trading companies) appeared first on Company Startup.

When do I need to register for SDL?

As soon as the payroll per year reach the R500 000.00 mark. It is 1% payable as a Company contribution, on the basic pay per employee.

What is Required per service?
Type of company
Authorized share capital
Financial year end
Number of directors
List of Directors including, full name, surname and ID

Duration: 20 Days

The post SDL Registration appeared first on Company Startup.

What do I need to apply?

A registered company with the CIPC

Employee salary schedule

Certified ID of director(s)

Employee ID documents

R1480 / 20 days

This only covers the registration at SARS. Once the employees begin receiving salaries, needs to be registered at DOL

Q: What is the amount of UIF?

A: 1% to deducted from the employee on the basic salary, and 1% as a company contribution.

Q: When do you need to deduct UIF from an employee?

A: A person working longer than 24 hours a month is seen as an employee, then they will be seen as a permanent worker that UIF needs to be deducted from their Gross salary.

Please complete the below form and send supporting documentation to info@companystartup.co.za

FORM

Email address

Company name

Registration number

Physical address

Postal address

Certified copy of directors ID's

Employee ID documents

Employee starting dates and salary schedule

The post UIF Registration appeared first on Company Startup.