Bayside Accounting will provide your small or medium enterprise with professional and cost effective book keeping and tax compliance services.
The small to medium enterprise is faced with an array of compliance issues related to financial reporting and tax. Staying compliant is becoming increasingly challenging with significant risks for non-compliance. Bayside Accounting will provide your small or medium enterprise with professional tax compliance and cost effective bookkeeping services.
Bayside Accounting is based in Table View, Cape Town. To find out any further information, contact us today.
Voluntary Disclosure program
Highlights – 2012 Budget
New Companies Act – the future of Close Corporations
Implementation of the Companies and Intellectual Property Commission
SARS – changes to bank details
New Consumer Protection Act
New Consumer Protection Act – registration of business trading names
SARS - www.sars.gov.za
New SARS penalties - www.sars.gov.za
2010/2011 logbook - www.sars.gov.za
Department of Labour - www.labour.gov.za
Department of Trade and Industry - www.thedti.gov.za
CIPC - www.cipc.co.za
Southern African Institute For Business Accountants - www.saibr.org
Currency Converter - www.xe.com
1 March 2009: voluntary registration VAT threshold increased to R1 million
28 February 2011: Odometer day - record closing kilometers travelled where you are in receipt of a travelling allowance
1 May 2011: Implementation of new Companies Act
1 May 2011: Companies and Intellectual Property Commission (CIPC) replaces CIPRO
3 June 2011: Deadline for submission of 2011 annual PAYE reconciliation and registration of employees for income tax
31 August 2011: First provisional payment and return due for 2012 tax year
30 September 2011: Third (voluntary) provisional payment for 2011 tax year
30 September 2011: Deadline for submission of postal/SARS drop box income tax returns (Provisional and Non-provisional: Individuals and Trusts) – 2011 tax year
31 October 2011: Closing date for applications in respect of the Voluntary Disclosure Program
31 October 2011: PAYE Interim Reconciliation (six-month interim reconciliation for the period 1 March to 31 August 2011)
25 November 2011: Deadline for submission of efiling/branch income tax returns (Provisional: Individuals and Trusts) – 2011 tax year
12 months after financial year-end 2011: Submission of IT14 and IT12EI income tax returns for companies and exempt institutions – 2011 tax year
31 January 2012: Deadline for submission of efiling/branch income tax returns (Provisional: Individuals and Trusts) – 2011 tax year
28 February 2012: Second provisional payment and return due for 2012 tax year