The complex & strict nature of the South African tax legislation often intimidates & places a compliance burden on a lot of organisations, particularly on small business. Ukuphila Kwezwe Accountants has a dedicated & suitably qualified tax team that proactively works with you to ensure that your organisations activities are structured in a tax-efficient manner. Our firm & its management are registered tax practitioners with SARS & are technically competent to handle all of your tax queries & disputes on your behalf.
The payroll function covers all aspects of employee compensation – from employee payslips to SARS submissions, & everything in between. The vast regulatory requirements surrounding employee compensation may become a bit onerous, particularly on the tighter resources of small businesses. Ukuphila Kwezwe Accountants payroll services aligns your payroll with the relevant tax & labour laws to ensure that you outsource your payroll function with confidence knowing that your organisation is compliant & that your staff is paid on time.
Small, micro & medium enterprises (SMMEs) play an important role in our economy, particularly to combat unemployment. The South African government has introduced the SMALL BUSINESS COPORATION (SBC) tax system that allows qualifying small businesses to benefit from favourable tax rates & accelerated depreciation allowances, recognizing that it is unrealistic to expect small businesses to pay the same level of taxes as more established businesses. Below is a demonstration of how much you would pay as a qualifying SBC.