Tax Services – Cape Town
Tax shouldn’t be something you only think about when the deadline arrives.
Qualified Tax Practitioners
You need a qualified tax practitioner. But finding a tax consultant to deliver those much-needed tax services can be a very daunting proposition. You need the backing of a team of professionals with integrity and many years of know-how to help you navigate all tax minefields.
You need someone with proven, up-to-date knowledge of the current tax landscape. A firm that believes in keeping track of all changes that filter through from SARS on an almost daily basis.
WHY USE US?
Tax affects almost every aspect of your financial life, whether you are an individual, business owner, company or trust.
A tax return may be the most visible part of your tax obligations, but it is only one piece of the puzzle. Keeping your SARS profile accurate, maintaining compliance, claiming legitimate deductions, planning and responding correctly when SARS raises a query or selects you for an audit can make a significant difference to both your financial position and your peace of mind.
Our tax services are designed to take care of the full tax administration process — not simply submit a return once a year.
We work with individuals and businesses to manage their tax affairs proactively, identify legitimate opportunities to minimise their tax burden and keep their SARS records and compliance requirements in order.
Personal Tax
Your personal tax affairs can become surprisingly complicated, particularly when you have multiple sources of income, investments, rental income, business interests or other financial activities.
We can assist with the preparation and submission of individual income tax returns, while carefully considering the information available to identify deductions and allowable expenses that may reduce your taxable income.
Our personal tax services include:
- Individual income tax return preparation and submission
- Review of income and supporting documentation
- Identification of legitimate deductible expenses
- Tax planning for individuals
- Tax refunds and overpayment claims where applicable
- SARS correspondence and queries
- Tax compliance and administrative support
- Updating personal details and tax information with SARS
- Assistance with tax-related registrations and changes
- Assistance with resolving outstanding tax matters
We don’t believe in simply entering numbers into a tax return and pressing “submit”.
We take the time to understand your circumstances and consider whether there are legitimate deductions, exemptions or planning opportunities that may have been overlooked.
You should never pay more tax than you legally have to.
Corporate & Business Tax
Businesses have considerably more complex tax obligations than simply submitting an annual income tax return.
The way your business is structured, how transactions are recorded, how expenses are treated and when tax obligations are dealt with can all have an impact on your overall tax position.
We provide businesses with ongoing tax support covering both compliance and planning.
Our corporate tax services can include:
- Corporate income tax returns
- Tax compliance administration
- Provisional tax calculations and submissions
- Tax planning for businesses
- Review of tax positions and potential exposures
- SARS registrations and profile changes
- SARS correspondence and queries
- Assistance with tax audits
- Tax-related record and documentation requirements
- Assistance with outstanding or historic tax matters
- General tax guidance relating to business transactions
Our aim is to help you understand not only what tax your business owes, but why it owes it and whether there are legitimate ways to improve your tax position through better planning and decision-making.
Trust Taxation
Trust taxation can be particularly complex, and the consequences of getting it wrong can be significant.
We assist with the tax administration associated with trusts, including the preparation and submission of relevant tax returns and the ongoing maintenance of tax compliance.
Where appropriate, we can also work with trustees and their professional advisers to ensure that tax considerations are properly understood when dealing with trust transactions and distributions.
Good trust administration starts with good tax administration.
SARS Tax Compliance
Being compliant with SARS involves more than submitting your latest tax return.
Your SARS profile needs to contain accurate information, the correct registrations need to be in place, returns and payments need to be dealt with correctly and supporting documentation needs to be available when required.
We can assist with the ongoing administration of your SARS tax profile, including:
- Personal and business detail changes
- Tax registrations and deregistrations
- Updating SARS profile information
- Outstanding returns
- Tax compliance status
- SARS correspondence
- Submission and correction of tax returns
- Tax account queries
- General SARS administration
Keeping these details up to date can prevent relatively simple administrative issues from becoming much bigger problems later.
Tax Audits & SARS Queries
Receiving correspondence from SARS can be stressful, particularly when it involves an audit, verification or request for additional information.
You don’t have to deal with it alone.
We can assist with reviewing SARS requests, gathering the appropriate supporting documentation, preparing responses and guiding you through the process.
Our role is to help ensure that your response is properly considered, supported by the available records and submitted appropriately.
Whether the matter relates to an individual tax return, a business, a trust or another tax obligation, we can help you understand what SARS is asking for and what needs to happen next.
Tax Planning
Good tax planning happens before the transaction, not after the tax return has already been submitted.
For individuals and businesses, there may be legitimate opportunities to structure financial decisions more efficiently and avoid unnecessary tax exposure.
Tax planning can involve considering the timing and nature of income and expenses, business structures, remuneration, investments, distributions and other financial decisions.
We work with clients to identify tax considerations before important decisions are made, rather than simply calculating the consequences afterwards.
The objective isn’t to avoid tax illegally. It’s to make sure you use every legitimate opportunity available within the law.
Tax Refunds & Allowable Expenses
Many taxpayers are unaware that certain expenses may qualify for legitimate tax deductions or rebates, depending on their circumstances.
We review the information provided to us and consider whether there are allowable claims that may have been overlooked.
Where a refund is due, we can assist with the preparation and submission of the relevant return and the administration required to get the matter through SARS.
Of course, not every taxpayer will qualify for a refund — and we will never recommend a claim simply because it increases the refund.
Our approach is to claim what you are legitimately entitled to, while ensuring that the claim can be properly supported.
Tax Administration That Works in the Background
One of the greatest benefits of having a professional tax partner is not having to remember every SARS deadline, registration requirement or administrative change yourself.
When your accounting, bookkeeping, payroll and tax affairs are properly connected, many compliance requirements can be managed as part of an ongoing process rather than becoming an annual scramble.
Our broader accounting, payroll and business support services allow us to see the bigger picture and identify tax-related issues that may otherwise go unnoticed.
That means fewer surprises, better records and a more proactive approach to your tax affairs.
Tax is complicated. Your tax administration doesn’t have to be.
Whether you need assistance with a personal tax return, ongoing corporate tax compliance, trust taxation, tax planning or a difficult SARS audit, we can help.
Our approach is practical, thorough and focused on keeping your tax affairs properly administered while identifying legitimate opportunities to improve your position.
Call us now on 078 457 1188 for a free telephonic needs assessment.
Or send us an email at agbs@agbussol.co.za or fill in the form below: