PNM Financial Services Group

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A diversified financial services group.

 

Our Tax Services

Individual Tax Services

We provide the following individual tax services

  • Completion and submission of annual personal income tax returns (IT12)
  • Registration for income tax and provisional tax
  • Provisional tax returns completion and submission (IRP6)
  • Tax advice and planning (incl. Capital Gains Tax)
  • Liaise with SARS regarding queries (incl. objections to assessments)
  • Personal Income Tax planning
  • Residence-based taxation issues
  • Estate planning
  • Capital Gains Tax
  • Checking income tax assessments
  • Dealing with SARS queries

 Employees’ Tax

We advise on improvement of PAYE management processes by identifying cost saving and planning opportunities. We help clients with:

  • Registration as an employer for Employees Tax
  • Advice on the duties of an employer in relation to SARS
  • Remuneration structuring
  • Compliance testing tools and audits
  • Applications for tax directives
  • Objections and appeal

Indirect Tax

We have a dedicated tax team that specialize in advising clients on a wide range of indirect taxes regarding all aspects of these taxes including compliance and reporting, dispute resolution and tax planning and implementation. 

We work with our clients to develop indirect tax strategies that align with their business strategies and we help clients structure governance around the indirect tax function. Other services offered include:

  • Tax opinions
  • Indirect tax compliance reviews
  • Import / export views
  • VAT automation
  • VAT cash management reviews
  • VAT restructuring
  • Year-end computation and tax return preparation

Tax Consulting

Our tax specialists are experienced in advising clients on the tax consequences of their arrangements, in comprehensive tax planning and the implementation of the plan. Among other things, we advise clients on the following:

  • Business disposals
  • Business valuations
  • Depreciation allowances
  • Disposal of businesses
  • Group restructuring
  • Mergers and acquisitions
  • Dividends tax
  • Share incentive schemes
  • Shareholder and owner issues
  • Transfer pricing

 

Our Accounting Services


 Bookkeeping

Monthly or more frequent collection of documentation from your premises

  • Capturing of documentation
  • Cash Book processing and Bank Reconciliations 
  • Petty Cash Reconciliations 
  • Debtors reconciliations and Statements 
  • Creditors reconciliations and remittances 
  • Inventory/Stock Control and Reconciliation
  • Maintenance of fixed asset registers
  • VAT calculations
  • eFiling payments to SARS 
  • Management Accounts emailed or delivered 
  • Cash Flow Statements 
  • Income Statement 
  • Balance Sheet 
  • Trial Balance

 Management accounting

  • Financial Statement Preparation and Accounting Officers Report 
  • Budget preparation and reporting 
  • Cash-flow forecasting and reporting 
  • Other Adhoc monthly financial reporting (Sales Analysis, Product costings, Inventory/Stock costings, Annual Leave, Sales Forecasts) 
  • IT14 SD – supplementary declaration (Income Tax Reconciliation, PAYE Reconciliation, VAT Reconciliation, Customs Duty Reconciliation)
  • Expense analysis
  • Business modeling

 Excel templates

  • Financial Statements – compile financial statements based on IFRS for SME’s   
  • Fixed Assets Register –  Calculate Wear and Tear / Depreciation
  • Accounting excel templates

 Computer support

  • Electronic Documentation Scanning and archivng
  • Printer, Scanner, Tablet or Smartphone installation
  • Setup Anti Virus
  • Install and setup 3rd party programs
  • Wireless, ADSL and router setup
  • Backup and restore of data
  • Offsite backing up solutions
  • Hardware problems
  • Software problems
  • Install and maintain networks
  • Remove Viruses, Ad-ware, Spy-ware and pop-ups
  • Internet and Email setup
  • Help stop Spam
  • Cloud storage solutions

 Company Registrations & Returns

  • Shelf Companies
  • Registering a new company
  • Memorandum of Incorporation – and advising directors of their obligations as per Companies Act and relevant legislation
  • Adding or removing directors
  • Change company name
  • CIPO annual company returns

 

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