Lategan Professional Accountants provides the following services to clients:
Small Business Package
Small business is defined as a privately owned corporation, partnership, or sole proprietorship. Our suite of small business solutions is designed to meet the accounting and bookkeeping needs of your business. Each package is tailored to your business’s situation, size, and budget to ensure you get the best value. It’s a cost effective investment that provides long term benefits to you and your business.
Our all-inclusive range of services include, but not limited to:
- Monthly bookkeeping ( include, but not limited to bank account reconciliations, accounts receivables services, accounts payables services, sales tax processing and payroll services. )
- Payroll services
- Financial Statements
- Year-end tax filing statutory compliance services (Annual returns/director changes)
- Business advisory
Individual Accounting Services
Our team offers convenient, accurate, and affordable individual tax preparation and planning services for all types of tax returns. Services relating to the individual includes the compilation of tax calculations as well as the compilation and submission of the yearly income tax returns to SARS for those individuals whom is required to submit a yearly income tax return to SARS.( example salary earner/ commission earner)
Financial statements
We help ensure business success by helping you with the preparation of accurate financial statements. Our trusted team will ensure your financial statements contribute to more informed decision making and better business success.
Statutory Compliance Services
We make incorporating your business easy. Our fast and reliable incorporation services come with a full consultation, business structuring, and also include:
- Government registration
- Corporate name
- Customized minute book
- Corporate by-laws and resolutions
- Share certificates
Tax Compliance
We’ve got your back when it comes to personal and corporate tax compliance. Not only do we file the necessary forms and returns, but we keep you informed.
Our tax and compliance services ensure:
- Income tax and provisional taxes are submitted on time
- Your business is compliant
- Efficient tax planning and structuring so you know what to expect
- Planning for the future is important when it comes to tax. Never be caught off-guard. With our tax planning services, we help you determine your estimated taxes so you won’t be scrambling to pay a large SARS bill at year end.
- On time VAT submissions that are correct and accurate
- Sales taxes can be tricky, but not with us on your team! We’ll help you manage and understand your sales tax obligations.
Tax compliance services include but not limited to :
- Individual income tax returns (ITR12)
- Corporate and Trust income tax returns
- Provisional tax returns
- VAT returns
- EMP201 and EMP501
- Dividend returns
- Objections to SARS relating to the relevant tax type
- Payroll services
- Payroll services include the detailed compliance services below as well as, compilation of salary slips. Registrations at the below legal entities are done
- Registrations at the below payroll legal entities are done ;
- SARS (PAYE, UIF and SDL)
- UIF Department of Labour
- COIDA (Workmen’s Compensations) / RMA
Compliance matters handled :
SARS (relevant to PAYE, UIF and SDL)
- Previous tax years submissions (IRP5, EMP501) : Where no relevant submissions where done
- Previous tax years corrections (IRP5, EMP501) where submissions have been done, but changes to submissions are required in order to reflect correct amounts on IRP5’s or EMP501
- Current tax year submissions (EMP201)
- Where monthly returns have not been submitted backdated returns will be processed and submitted
UIF dept of Labour (relevant to UIF)
- If no declarations where submitted we will submit required documents in order to declare backdated UIF contributions that where made for each employee
COIDA (Workmen’s Compensations) / RMA
- Previous tax years submissions (ROE) : Where no relevant submissions where done
- Current tax year submissions (ROE)
COIDA
Backdated returns of earnings declared for each year to meet compliance in order to receive letter of good standing