Deal with professionals that are accredited and registered tax consultants that works ethically and confidentially to get you tax compliant.
When you partner with AGBS you get to work with experienced professionals that has learnt their trade through education and experience in various industries in South Africa. AGBS has the experience to solve any accounting and tax related problem.
Our work is done ethically, comprehensively and with the aim of minimizing risk to the taxpayer. All our dealings with our clients are friendly, open, honest and to the point. We do not waste time on the small things so that you don’t have to pay for it either.
What we Do
Individuals, Small Business and Enterprize Accounting Services Cape Town
Monthly Bookkeeping and Accounting Services you can rely on.
We provide the best Payroll Services to serve your business’ needs at the most affordable rates.
Not all companies needs to be audited. When no audit is required, we can prepare your annual financial statements and submit your income tax returns in next to no time.
We also offer a personal tax service that takes into account your business dealings, secondary income, investments, retirement funds and medical costs to make sure you are as tax efficient as possible.
When you partner with AGBS you get the benefit of years of experience from its tax professionals that are accredited and registered tax consultants while enjoying extremely affordable rates. We have not built our practice on our client’s cash flow, but rather on our relationships with them and our excellent reputation.
Our services range from basic monthly bookkeeping to more advanced problem solving like tax projections, tax compliance and everything in between.
A brief description of our services:
- Monthly Bookkeeping Services
- Monthly / Annual Accounting Services
- Annual Financial Statements (AFS)
- Management Accounts
- VAT, PAYE, UIF and SDL registrations
- VAT, PAYE, UIF and SDL calculations and submissions
- ETI Calculations and Claims
- Annual / Bi-annual PAYE reconciliations
- Employment Contracts and HR Requirements
- Income Tax Registrations
- Income Tax Submissions (personal and business income taxes)
- Audit Preparations
- Payroll Services
The majority of clients in our portfolio rely on us to determine their level of compliance, set a road map for them to follow and to keep them compliant. Of course, this is not a one-way-street. The client is as responsible for their compliance as the accounting and tax professional, but without proper guidance there is only so much you, as the business owner, can do.
We are registered tax practitioners which allows us to check in with SARS on your behalf, act on your behalf and clear any compliance issues you may have without you having to do any substantial running around.
Being registered and accredited also means that we need to adhere to stringent ethical standards which dictates how we bill our clients, what advice we give and how we conduct ourselves during consultations and financial statement preparation.
Here follows a brief description on how we operate when it comes to the major services we deliver:
Monthly Bookkeeping and Accounting
During our first consultation we will determine your level of tax compliance and outstanding work that needs to be completed. We then determine the source documents needed to complete the necessary documents to get you tax compliant. During the completion process we may set up minor meetings (either remotely, per telephone or in person) to discuss the outcome of the work done, possible restructuring of your record keeping and additional information that may be required to complete the process.
VAT, PAYE, UIF and SDL
Not every business is required to be registered for VAT. We will determine the level of your business’ readiness and set the wheels in motion for the registrations that may be lacking in your business. Keep in mind that if you employ someone, even if it is on a part-time basis, you HAVE to register for PAYE and UIF and you have to, by law, deduct the needed funds from their remuneration and pay it over to SARS. There is little grey area to exploit there. And we will show you how these processes can be implemented without it disrupting the way you have been trading.
We will work with you to draft an employment contract that will protect you and your employees. We will determine the employee’s leave day accrual per annum, their sick leave accrual, job descriptions, disciplinary procedures, hours to be worked, method of compensation, etc.
Finding reliable payroll services in Cape Town can be extremely difficult. Most businesses do not need anything as formal as SAGE to keep track of payroll data. That is why we work with you to determine the most logical system to use to keep track of your payroll data to assist in your annual reconciliations and the issuing of IRP5 and IT3 certificates to employees. We make the process easy to understand and by setting up repeatable processes that takes no time to run through every month we will minimize your pay-run costs. We also work with you to structure your employees’ income in a way that makes it tax beneficial for them (where possible) while keeping you compliant with the South African Revenue Service’s prescriptions and laws.
Not all (PTY) LTD’s needs to be audited. When no audit is required, we can prepare your annual financial statements and use those statements to submit your income tax returns. We consult with you to determine if your company should be audited. A Public Interest Score will be determined and if you need to be audited, we will advise you appropriately and treat your records in a way consistent with records destined for audit. We will supply your appointed auditor with everything they require to complete it successfully. The quality of the figures will always be of great importance so that the auditors time spent on the audit can be minimized. And if you do not have an auditor we can assist in having one appointed as we share working relationships with many professionals…people we trust to treat our clients in the same way we treat them. With respect, excellent ethics and like business partners.
AGBS has been around for 14 years and our client base continues to grow. Our fields of expertise include everything from the manufacturing industry to estate agencies, retailers to wholesalers, personal services providers to consultancies. Most of our clients have built long-standing relationships with AGBS dating back almost a decade (and longer).
Now ask yourself. Are you looking for an accountant to treat you like a number? Or are you looking for someone that can walk a long and winding road with you? Someone that understands that business is fluid and that cash flow is not always guaranteed…
If you require a payroll service in Cape Town and surrounding areas, or simply a bookkeeper or accountant that can take care of those accounting services, or a tax consultant that can guide you efficiently and expertly while being an affordable accounting service in Cape Town, then look no further than AGBS.
If you require a payroll service in Cape Town and surrounding areas, or simply a bookkeeper / accountant that can take care of those accounting services, or a tax consultant that can guide you efficiently and expertly …while being an affordable accounting service in Cape Town, then look no further than AGBS. Click here to send us an email.