SARS & Company Tax Services

Company Tax Services

Discover our comprehensive range of SARS services, including Provisional Tax, ITR14/ITR12TR/ITR12 tax returns, E-Filing, VAT, Customs, PAYE, and more. We provide assistance with tax compliance and various registrations, ensuring smooth operations and financial accuracy. Whether you need support with banking details, transfer duty, or public officer obligations, we've got you covered. Trust us to streamline your tax-related processes and keep you in compliance with tax regulations, saving you time and ensuring your financial affairs are in order.

  • SARS eFiling is a secure online platform for submitting returns, making payments, and interacting with the South African Revenue Service. It caters to taxpayers, tax practitioners, traders, and businesses. Registered users can conveniently manage various tax-related activities, from filing returns and checking compliance status to updating personal information and disputing tax matters. The platform eliminates the need to visit a physical branch office, making it a time-saving and efficient solution for engaging with SARS, ultimately streamlining the tax-related processes for individuals and businesses.

  • Provisional tax serves as a method of prepaying income tax to prevent a significant tax debt upon assessment. It allows taxpayers to distribute their tax liability throughout the relevant assessment year. Typically, at least two estimated payments are required during the assessment year, with an optional third payment before SARS issues the assessment. Provisional taxpayers are individuals earning income other than regular employment salary and companies/close corporations/trusts and other entities generating trading/investment income. Those with exempt income, such as limited interest earnings, may not be provisional taxpayers. This tax category is defined by the Income Tax Act, encompassing companies, close corporations, trusts, other organisations and individuals designated by the Commissioner. Exceptions include certain entities and small businesses.

  • The ITR14 (Income Tax Return) is a mandatory form for companies and close corporations registered with CIPC, submitted to SARS annually. It details a company's/close corporation’s incomes, expenses, and deductions, enabling SARS to calculate tax liabilities or refunds. If your business isn't CIPC-registered, you'd report income and expenses on your personal ITR12 tax return under the Local Business section. Accurate ITR14 submissions ensures accurate tax assessment, essential for both business compliance and optimizing financial outcomes.

  • The ITR12 (Income Tax Return) is an annual requirement from SARS for individuals, including provisional taxpayers. It's a vital form for declaring your incomes and expenses. This allows SARS to accurately calculate your tax liability or any potential tax refund you might be entitled to. Completing and submitting your ITR12 is crucial for ensuring compliance with tax regulations and ensuring that your tax payments align with your financial circumstances, helping you manage your tax responsibilities effectively.

  • Filing your ITR12EI tax return doesn’t have to be stressful! Our specialized tax services for exempt institutions ensure accurate, compliant, and hassle-free submissions to SARS. Whether you’re a non-profit organization, public benefit entity, or other exempt institution, we handle every detail of your ITR12EI filing with precision.

  • Managing your trust’s taxes can be complex, but our expert ITR12TR tax filing services make it seamless and stress-free. We specialize in accurate preparation and submission of ITR12TR returns for all types of trusts, ensuring compliance with SARS requirements while helping you maximize tax benefits. With our expertise, timely filings, and dedicated support, you can avoid penalties and focus on what matters most.

Contact us.

14A Greenacre Place, Kloof, KZN, South Africa

+27 (0)31 035 1028
admin@kfsgroup.co.za