Contact us
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SiyAzania Accounting
WG02 Greenfiled Flats
Piet Street. 2197 - email@siyazania.co.za
- info@siyazania.co.za
- +27 78 272 7118
- +27 65 822 1817
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Mon to Fri - 9:00 to 5:00
(Sunday Closed)
Navigating the complexities of the South African Revenue Service (SARS) is critical for business survival and success. As registered Tax Practitioners, SiyAzania Accountants provides a firewall against non-compliance, strategically managing your tax obligations to ensure accuracy, optimize efficiency, and handle any disputes with confidence. We ensure you play the “numbers game” correctly, leveraging every legal advantage.
Key Features:
Our status ensures accountability, adherence to the highest ethical standards, and direct authorized access to your SARS profile.
We don't just record the past; we apply current legislation to proactively minimize future tax liabilities and structure transactions optimally.
Our tax advice is seamlessly integrated with your financial reporting (AFS) and bookkeeping, ensuring consistency across all regulatory filings.
We implement robust systems to ensure all tax submissions (VAT, PAYE, Provisional, Annual) are filed on time, every time.
Complete mastery of the SARS eFiling and MobiApp platforms for efficient and transparent submissions.
ITR14/ITR12
Income Tax Returns:
We manage the full cycle of annual income tax submissions for both companies (ITR14) and individuals (ITR12). This service includes:
- Tax Calculation: Applying the Income Tax Act to your financial data to accurately determine taxable income and tax liability.
- Deduction Optimization: Ensuring all allowable deductions, exemptions, and capital allowances are correctly claimed to minimize the legal tax burden.
- Submission and Verification: Filing the completed return electronically via eFiling and managing all subsequent SARS correspondence and verification processes.
VAT201
VAT Returns:
For VAT-registered entities, timely and accurate management of Value-Added Tax is paramount. We handle the preparation and submission of your monthly or bi-monthly VAT201 returns:
- Input/Output Tax Reconciliation: Meticulous reconciliation of input tax (VAT claimed on purchases) and output tax (VAT charged on sales).
- Compliance Check: Verifying that all tax invoices adhere to SARS requirements to prevent disallowed claims.
- Timely Submission: Filing the return before the deadline to avoid penalties and interest.
Disputes with SARS
All Taxation Queries:
When you receive a query, audit notification, or unfavourable assessment from SARS, we act as your authorized representative to manage the entire process, including:
- Query Response: Professionally compiling and submitting detailed documentation and explanations to satisfy SARS requests.
- Objections and Appeals: Filing formal Objections (ADR1) and handling subsequent appeals when assessments are incorrect or unfair.
- Settlement Negotiations: Representing you in settlement discussions to achieve the best possible outcome for outstanding liabilities.
IRP6
Provisional Tax Submissions:
Required for companies and non-PAYE individuals, this service manages the bi-annual estimation and payment of income tax installments (due in August and February). We ensure:
- Accurate Estimation: Calculating a reasonable basic estimate and subsequent revised estimate to align with your expected annual profit.
- Penalty Avoidance: Strategically submitting the estimates to prevent underestimation penalties, effectively managing your cash flow throughout the year.
SiyAzania Accounting
Why Choose Us?
- Specialized Tax Practitioner Status: Our certified status goes beyond basic accounting; it signifies specialized, authorized knowledge in tax law, making us the definitive choice for complex tax matters and effective SARS engagement.
- Proactive Dispute Strategy: We don’t wait for SARS to find an error. We review returns proactively, and when disputes arise, we employ a seasoned strategy focused on achieving the fastest, most favorable resolution.
- Holistic Financial View: Our tax advisory doesn’t exist in a vacuum. It is integrated with your accounting software setup and financial reporting, ensuring consistency and compliance from the smallest transaction up to the final ITR14.
- Client-Focused Savings: We treat tax optimization as a critical goal, ensuring every legal deduction applicable to your industry is claimed—that’s how we help you win the “numbers game.”
Frequently asked question:
Yes. As registered SARS Tax Practitioners, we submit a power of attorney on your profile, allowing us to manage and resolve all queries, audits, and submissions without requiring your direct involvement.
SARS may levy a penalty and interest. We mitigate this by ensuring your second provisional payment is as accurate as possible, based on your year-to-date performance, preventing unnecessary financial exposure.
This varies greatly. Simple verification can be resolved in weeks; however, a full-scale audit or complex objection can take several months. Our role is to ensure documentation is submitted promptly and correctly to expedite the process.
We recommend a formal tax planning session at least once annually (usually before the first provisional payment) and an informal review whenever a significant business transaction (e.g., asset purchase, sale) occurs.
Yes, absolutely. While we specialize in the overall corporate and individual tax returns, we ensure your payroll (often run through Sage 300 Payroll) is correctly reporting and reconciling to your Income Tax returns.