ACCOUNTING □ TAXATION □ BUSINESS CONSULTING

FAX: 086 692 4048

INFO@SKMC.CO.ZA

SKYPE: SKMC.HEINIE

Multi Prof Insurance Brokers

Home loan insurance

 

USEFUL LINKS:

SARS Main Website

SARS E-Filing

CIPC

Acts Online

SAIPA

Contact Us

Electronic submission deadline for Income Tax Returns are 25 NOVEMBER 2011!!  Have your Income Tax Return completed by us from only R250! Click HERE for more details.

VAT Registration

Please Note:  SKMC is an accounting firm providing VAT Registration services to companies and individuals at a fee of R 1 550 payable in advance.

Who Needs To Register For VAT?

Persons who make taxable supplies in excess of R 1 million in any 12-month consecutive period are liable for compulsory VAT registration.

A person may also choose to register voluntarily provided that the minimum threshold of

R 50 000 has been exceeded in the past 12-month period.

You are required to register as soon as you expect your business turnover to exceed

R 1 000 000 for a period of 12 consecutive months.  It is your responsibility to determine whether you need to register or not.  If you are in doubt, please feel free to contact us.

What Documentation Must I Provide?

1. Latest original bank statement or original cancelled cheque or original letter from your banker.

2. If the bank account is NOT in the name of the vendor, you must complete form VAT119(i)

3. A certified copy of the ID of the representative person.

4. Signed Power of Attorney.

5. Declaration by representative vendor.

6. Copies of latest 3 months bank statements.