Check Out Our Services

Whether you have your own established accounting department, or require a full-serviced
outsourced function, we can assist you.

Payroll

Payroll (1)

Processing Monthly Payslips, PAYE, UIF, WCC, IRP5s, Tax Directives, Labour Act compliance, Employment Contracts, Establishing HR Processes

  • Preparation and processing of your payroll, including weekly, bi-weekly and monthly payrolls
  • Ensuring labour statutory compliance Assisting with employment contracts Establishing HR processes and procedures to efficiently manage staff
  • Assisting with tax-friendly and efficient salary structures for Directors and staff
  • Preparation and submission of monthly UI-19 returns
  • Maintenance of U-filing profiles for all entities
  • Preparation and submission of monthly
  • PAYE/UIF/SDL returns to SARS
  • Preparation and submission of monthly bargaining council returns
  • Preparing and submitting bi-annual employee IRP5 certificates and EMP501 returns Completion and submission of Annual workman’s compensation returns
  • Handling any and all SARS inquiries/ audits to your payroll
  • Application for Tax Directives – Commission earners and retrenchments

Financial Accounting

Financial-Services (1)

Bookkeeping, Budget Compilations, Management Accounts, Annual Financial Statements, VAT Submissions

We offer both an on-site and off-site service
  •  A dedicated account manager
  •  A dedicated bookkeeper
  •  Monthly processing and reconciliation of all accounts and transactions
  •  Month end journals recording correct cost to company in the correct reporting period
  • Maintaining and updating fixed asset registers
  • Preparation and submission of monthly / bi-monthly VAT returns to SARS
  • Preparation of management accounts
  • Assisting with compiling annual company budgets/projections and targets, reporting against these monthly
  • On-going review of the company “health” with regular feedback on areas of concern or improvement
  • On-going risk analysis and feedback on compliance and tax structures
  • We prepare financial statements (compilations and independent reviews) for:
    •     – Sole Proprietors
        – Trusts
        – Proprietary Limited
        – Close Corporations
        – Body Corporates
        – Deceased Estates

    Statutory

    Statutory-Services (1)

    New Company Registrations, Shelf Company Purchases, Amendments to Statutory Details, Share Certificates & Registers,
    Annual Company Returns to CIPC, BB-BEE Certificates

    • New Company Registrations (Name Reservation, Directors, Share Certificates & registers, MOI)
    • Shelf Company purchases
    • Amendments to statutory details (names / directors / members etc.)
    • Annual CIPC returns
    • SARS and Labour registrations (Income Tax / VAT / PAYE / UIF / SDL / WCC)
    • Income Tax clearance certificates (Individuals and businesses)
    • BB-BEE certificates

    Business Consulting, Governance & Compliance

    Compliance (1)

    Financial Risk Analysis, Business And Management Consulting, Business Plans, Budgets, Cash Flows, Corporate Compliance, Due Diligence

    • Financial risk analysis:  Establishing your company’s level of compliance and where the gaps are. Determining your Income Tax, VAT, PAYE, and Labour risks
    • Assessing the efficiency of your accounts department
    • Setting up useful monthly financial reports to inform and guide business owners
    • Checking your VAT is being claimed efficiently
    • Evaluating whether your staff are processing in compliance with International Financial Reporting Standards (IFRS), the IFRS for SMEs, or South African Statements
           of Generally Accepted Accounting Practice (SA GAAP), depending on an entity’s ‘public interest score
    • Business and management consulting: Financial and business analysis
    • Business structures and tax planning:  Integrating your personal and business tax planning to ensuring maximum efficiency.  Maximizing the benefits of Small      Business Corporations Tax and ensuring your trust is serving you and is it compliant
    • Business plans, budgets, and cash flows
    • Operational setup and controls:  We can assist by training your accounting staff and putting systems, procedures, and controls in place
    • Corporate governance: does your firm have the right system of rules, practices, and processes by which it is directed and controlled
    • Maintaining minutes for your Proprietary Limited or Close Corporation
    • Are the legal requirements of your Proprietary Limited being met, depending on the turnover size?

    Taxation

    tax-services

    For Individuals and Companies – Income Tax, Provisional Tax, Directives, Audits, Reviews, SARS Objections

    • Preparation of annual audit file with full supporting working papers, for the compilation of Annual Financial Statements, needed for the submission
           of the income tax return
    • Preparation and submission of monthly PAYE/UIF/SDL returns to SARS
    • Preparation and submission of monthly / bi-monthly VAT returns to SARS
    • Preparation and submission of bi-annual provisional tax returns
    • Preparation and submission of annual company income tax return
    • SARS Audits for all tax types
    • SARS Objections for all tax types
    • SARS Appeals for all tax types
    • Updating and maintaining all registered details with SARS. 
    We develop meaningful relationships with our clients to
    best understand their present and future business and
    accounting needs.
    This means we are part of your team and not consultants.
    Your accounting system and tax structure are fundamental
    to the success of your business and this is essential to your
    financial well-being.

    Our Services

    Payroll
    Financial Accounting
    Statutory
    Consulting, Governance & Compliance
    Taxation

    Quick Links

    Our Story
    Meet The Team
    Our Services
    We Care
    Let’s Talk

    Address

    171 Problem Mkhize Rd. Essenwood, Berea, 4001

    Contact us

    info@flairaccounting.co.za
    +27 31 207 1572

    Powered by cannect digital | 2024

    Open chat
    Hello 👋
    Can we help you?