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| Registered Auditors |
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- Audit opinion on financial statements
- Independent review of financial statements
- Compilation of financial statements
- Business and tax registrations
- Filing of personal and company taxes
- Budgeting and cash flow projections
- General business consulting & advice
- Secretarial services
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| Submission of 2014/15 annual income tax returns: |
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- 27 November 2015 Electronic submission
deadline for non-provisional tax payers
- 29 January 2016 Electronic submission
deadline for provisional tax payers
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| Annual tax returns must be submitted to SARS within one year of the financial year end and be accompanied by financial statements. |
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| Submission of 2015/16 provisional tax returns: |
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- 1st submission - 31 August 2015 (or within 6 months of the start of the financial year end)
- 2nd submission – 29 February 2016 (or the last day of the financial year end)
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| (continued) |
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| Year of assessment ending 28 February 2016 |
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| Taxable Income (R) |
Rate of Tax (R) |
| 0 – 181 900 |
18% of taxable income |
| 181 901 – 284 100 |
32 742 + 26% of taxable income above 181 900 |
| 284 101 – 393 200 |
59 314+ 31% of taxable income above 284 100 |
| 393 201 – 550 100 |
93 135 + 36% of taxable income above 393 200 |
| 550 101 – 701 300 |
149 619 + 39% of taxable income above 550 100 |
| 701 301 and above |
208 587 + 41% of taxable income above 701 300 |
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| Rate of tax 41% |
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Primary
Secondary (persons 65 and older) Tertiary (personal 75 and older) |
- R13 257
- R 7 407
- R 2 466 |
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| Financial years ending on any date between 1 April 2015 and 31 March 2016 |
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| Companies – 28% of taxable income |
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| Small Business Corporations |
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| Taxable Income (R) |
Rate of Tax (R) |
| 0 – 73 650 |
0% |
| 73 651 – 365 000 |
7% of taxable income above
73 650 |
| 365 001 – 550 000 |
20 395 + 21% of taxable income above 365 000 |
| 550 001 and above |
59 245 + 28% of taxable income above 550 000 |
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| Rate of tax 15% |
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CONTACT
Lizelle Kuhn (CA) SA
Director |
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