Our Services

 We provide efficient, accurate, and hassle-free assistance with the calculation and filing of individual income tax returns, provisional tax returns, and all individual tax-related matters. Our expertise lies in serving individuals working on an expatriate basis, including South Africans employed abroad and foreign nationals rendering services in South Africa.

 Tax compliance is a legal obligation enforced by SARS for all businesses. We specialize in assisting Close Corporations and Private Companies to ensure full compliance with corporate tax requirements, providing reliable and professional support. 

Payroll accuracy is critical for organizations in South Africa, as errors can lead to legal, financial, and reputational risks. South African labor and tax laws, including compliance with the South African Revenue Service (SARS), place significant responsibility on employers to manage payroll effectively. Here's why accurate payroll is imperative and how we can assist mitigate risks:
 

Key Compliance Areas in Payroll:

· PAYE (Pay-As-You-Earn): Accurate calculation and timely submission of PAYE taxes to SARS are mandatory.

· Skills Development Levy (SDL): Ensuring contributions are correctly calculated based on total remuneration.

· Unemployment Insurance Fund (UIF): Accurate deductions and contributions are essential to avoid penalties.

 

At Tax Core and Associates, we understand the importance of maintaining accurate and up-to-date financial records. Whether you’re a small business owner or managing a growing enterprise, our team provides reliable bookkeeping and annual financial statement compilation services tailored to your needs.

Bookkeeping Services
We take the stress out of managing your daily financial transactions so you can focus on growing your business. Our bookkeeping services include:

· Recording daily income and expenses.

· Maintaining ledgers and financial records.

· Reconciling bank and credit card statements.

· Generating monthly and quarterly financial reports.

By entrusting us with your bookkeeping, you gain accurate insights into your financial performance and a solid foundation for business decisions.

Annual Financial Statement Compilation

Presenting clear and accurate financial statements is crucial for investors, lenders, and regulatory compliance. Our services include:

· Organizing and summarizing your financial data.

· Preparing comprehensive annual financial statements, including:

· Balance Sheets

· Income Statements

· Cash Flow Statements

· Ensuring compliance with accounting standards and regulations.

· Delivering reports in a professional format ready for auditors, investors, or tax authorities.

With our meticulous attention to detail, you can trust that your financial statements will be accurate, transparent, and compliant.

Running a business in South Africa requires adherence to a wide range of legal and regulatory requirements. At Tax Core and Associates, we specialize in helping businesses navigate the complexities of compliance, ensuring you meet all statutory obligations while avoiding penalties and disruptions.

 

Our Compliance Services

· Company Registrations and Amendments
We assist with:

· Registering new companies with the Companies and Intellectual Property Commission (CIPC).

· CIPC annual return submission

· Updating company details (directors, shareholding, registered addresses).

· Voluntary De-registrations

· Company re-instatements

· Beneficial ownership applications

Tax Compliance

· Registering businesses for Income Tax, VAT, PAYE, and other required taxes with SARS.

· Registrations with the SARS Tax Exemption Unit for association of persons and other entities that are not automatically exempt from

· Preparing and submitting tax returns, PAYE and VAT submissions on time.

· Ensuring compliance with Tax Clearance Certificates and SARS audits.