Who we are
We are a full-service accounting, tax law, and commercial law firm – one of the few one-stop firms in South Africa for all your business requirements from bookkeeping, management accounting, outsourced accounting and payroll, taxation services through to representing you in a court of law. We also provide other services including professional disciplines such as audit, business consulting, or corporate finance disciplines to provide a seamless and integrated solution for businesses that have a multi-disciplinary dimension.
Our team of experienced directors, lawyers, accountants, registered tax practitioners and advisors, provides expert advice and support to private clients and their businesses helping them to achieve their financial goals. Our aim is to always provide the very highest level of service possible in everything that we do. We understand that every business is unique, we therefore first invest time and effort into making absolutely sure that we understand a client’s business and it’s needs so as to tailor our approach and the advice that we give to achieve optimum results.
We are committed and very hardworking, who prides ourselves in the knowledge and experience that we have gained in a variety of industries. We have the skills, knowledge and determination necessary to handle all your business needs. We are ready to tackle any challenges and begin our role as your trusted commercial advisors. We have a team of:
- SAICA Chartered Accountants,
- SAIBA Business Accountants in Practice,
- Certified Fraud Examiners,
- Cloud Accounting & Payroll Specialists,
- International Tax Specialists,
- Professional Tax Practitioners,
- SARS Tax Practitioners,
- Tax Lawyers,
- Advocates of the High Court of South Africa, and
- Admitted Attorneys.
Developing strong, personal relationships is one of the pillars of our service approach, and the fact that many of our clients are long-standing is not by accident.
Professional membership and affiliations
Our team are members in good standing with professional bodies such as SAICA, SAIBA, SAIT, SARS, ACCA and other recognised professional bodies. The team has been trained to deliver business value.
The collective knowledge and skills of the team allow business entities and individuals to leverage on organizational needs such as governance, leadership, financial management, tax planning, business planning, compliance, training, business law and advisory services.
We aim to provide innovative accounting, taxation, company secretarial and advisory services and generating a name for SA Tax Guide in South Africa, Africa and the world as a whole.
Build an in-depth knowledge of you and your business, and what you want to achieve in the short and long-term. Analyze, summarize, challenge and interpret your numbers to make them truly meaningful. Help you formulate a sound strategy and implementation plan. Offer practical implementation through planned and responsive support, including delivering the specific services required to achieve your objectives. Assign one of our experienced and knowledgeable directors (registered accountant, business lawyer and tax practitioner) as your single point of contact it’s always the same person.
Professional Accreditation & Memberships:
- Business Accountant in Practice - Southern African Institute of Business Accountants (SAIBA).
- General Tax Practitioner - South African Institute of Tax Professionals (SAIT).
- Registered Tax Practitioner - South African Revenue Services (SARS).
I am Nyasha Musviba, a registered tax practitioner based in Cape Town. After going through a rigorous, interesting, and challenging taxation training, I had always hoped to help in demystifying taxation issues. I also offer tax advice to, big companies, international companies, SMEs and individuals.
I am passionate about taxation. I love to be on top of tax issues and enjoy solving the complex tax problems I encounter with clients. Ask me what I love most and I will tell you that I am thrilled to find a great solution to a tax problem – to me, it is like a puzzle I tackle with fervor. My passion emerges in answering tax questions, writing blogs, education presentations, e-books and general engagement online.
I also interact with SARS on behalf of clients in the following areas:
- Completion of all types of tax returns for members / close corporations / private companies
- Checking of tax assessments and where necessary, compiling and lodgement of objections with appropriate legal grounds therefore as provided by the Tax Act
- Advice on tax legislation, interpretation and resulting implications for the client
- Registration as employers for close corporations / private companies / proprietors
- Reconciliation of EMP 501 and drawing up of tax certificates with lodgement to SARS
- Completion of all statutory returns for SARS
- VAT registrations
- Employee Taxes (PAYE, UIF and SDL) registrations
For more information about My Services to you click links below:
- Taxation Services
- Accounting Services
- Monthly retainer (accounting fee) for Tax, Accounting and Consultancy services
My Publications in recognized journals, national newspapers and universities:
Publication date July 01, 2019– SAIT TaxTalk magazine.
These articles are only available to TaxTalk subscribers. To subscribe today click here Click Here
SAIT publishes the Tax Return Guide magazine every year, Nyasha Musviba writes an article about “The biggest ITR12 fails”.
Accounting Sciences: Useful Websites
Welcome to the Library guide for Accounting Sciences. Here you will find a OneStop service to assist you in your studies or research at the NWU.
SA Tax Guide listed as a useful resource center for taxation materials and publications.
Four reasons you may be holding back on filing your tax returns
Publication date Nov 14, 2019– Business Live.
Most taxpayers fall into one of two groups: those who fill in their returns quickly to get a refund; and those who wait until the last minute.
If you are one of the last-minute filers, you may be wondering why you wait until the deadline now less than a month away on December 4 for most taxpayers.
If any of these reasons for procrastinating resonate with you, consider the following:
Tax Cases of interest – Partnership with LexisNexis
Publication date Aug 01, 2019, LexisNexis.
LexisNexis is passionate about bringing you quality case law, that’s why we’ve partnered with Nyasha Musviba (founder of the South African Tax Guide) to scour our database and handpick a selection of the most topical and noteworthy tax cases of the last few years for you.
See publication on LexisNexis website
Millions of taxpayers yet to file their tax returns
Publication date Nov 16, 2017– Sowetan Live
publication description An estimated two million taxpayers still needed to file their tax returns at the beginning of November. There is now just over a week before the deadline and if you are one of those who have left it to the last minute, it is time to focus on getting it in on time.
If you are a taxpayer, but not a provisional taxpayer, you need to submit a return on e-filing by November 24.
One of the biggest mistakes you can make is not to file – penalties for not submitting a return are now between R250 and R16000 for each month your return is outstanding, depending on your income.
TAXtalk – Fatal mistakes for small businesses
Publication date Nov 1, 2017 – SAIT Tax Talk (Journal article available on Sabinet)
publication description Small business owners have a special relationship with tax. On the one hand, a lot has been done to give small businesses preferential treatment, including reduced tax rates, immediate write-offs for equipment used in the business, and special treatment when it comes to depreciation and wear-and-tear allowances. Efforts have also been made to simplify the tax concession available to them.
TAXtalk – The 7 biggest ITR12 fails – common ITR12 issues
Publication date Aug 1, 2017, and 2018 – Sabinet (SAIT Tax Talk)
publication description As challenging as filing your tax return can be, be sure to take the time to avoid the typical recurring mistakes. Check your tax return against this list of the seven most common errors.
Turnover tax harms SMEs
Publication date Oct 5, 2016 – IOL Business Report
publication description Pretoria – A turnover tax regime that is simply unhelpful and a harsh documentary proof system is at odds with the government’s stated intention to assist micro and small businesses.
Tax practitioners and small business advisors have asked for an increase in the R1 million threshold for the turnover tax and a lesser onus of documentary prove on micro-businesses to aid tax compliance.
Nyasha Musviba, tax consultant at SA Tax Guide, says the threshold of R1 million in today’s terms is unrealistic. A small contractor lands one big contract in the year he registered for turnover tax and he is pushed out of the system.
Grant Thornton IBR research also reveals South Africa’s golden goose still being taxed too heavily
Publication date Apr 3, 2014 – South African Institute of Tax Professionals
publication description New research from the Grant Thornton International Business Report (IBR) reveals that 64% of South African business leaders would welcome more global co-operation and guidance from tax authorities on what is acceptable and unacceptable tax planning, even if this provided less opportunity to reduce tax liabilities across borders.
This figure is in line with BRIC business leader responses (68%) while globally 53% of executives surveyed would also welcome greater global co-operation.
Hello HOA, Goodbye VAT
Publication date Jun 11, 2016 – Opportunity Property Management
publication description Not only is HOA-related legislation becoming more defined with every new lawsuit but now all South Africa Homeowners Associations can finally be seen as less corporate and more residential as they must now deregister for Value-Added Tax (VAT). This is as a result of the South African Revenue Service (SARS) now stating that the supply of services by an HOA to its members is not a business enterprise.
The Negative Impact of e-commerce VAT on Education
Publication date Sep 27, 2013 – TaxTalkMagazine
publication description Educational institutions making exempt supplies will likely be negatively impacted with the impending introduction of VAT on e-commerce transactions in South Africa with effect from 1 April 2014.
One could even go as far to say that educational institutions had it good under the reverse charge mechanism (also referred to as VAT on imported services) as there was arguably no VAT leakage when dealing with foreign suppliers of certain e-c ommerce services.
When not to use a tax-free account
Financial planners can think of very few reasons why not to invest in tax-free savings accounts (TFSAs). The benefits are clear.
Nyasha Musviba, founder of SA Tax Guide, says there must be a purpose for using a TFSA. There is little benefit in using the account as a normal transactional account.
If you are investing an amount in a tax-free savings account, but you withdraw it the same year, there is no real benefit. You are using your allowance; however, you are not getting the tax-free benefit, since the tax benefit is on the growth of the savings, he remarks.
Presented on various tax seminars, among them, SAIT Tax Indaba, SAIT Tax Student Seminars, money laundering seminars,
Universities recommends SA Tax Guide website
South African and international universities recommend SA Tax Guide website as a source of reliable and technical articles on taxation matters.
If you would like more information on any service or have any questions on any of our services, please do not hesitate to contact us directly. We will be happy to assist you in any way we can.
Cape Town Office
4th Floor Thibault Square
Office No. 428
161 Bree Street
354 Rivonia Boulevard
Lillipark Office Park
Cell: 084 969 0510
Tel: 021 813 6219