TAX Return Services
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What We Offer
We have carried out extensive work on vat and customs, including legal settlement to SARS dispute obtaining refund and reversal of
SARS rulings. Our corporate tax work include proactive planning and contractual work on large or technically complex matters, dealing with
external auditor queries, responding to letters of finding and generally rebutting matter on behalf of our clients.
Corporate Tax
By keeping up to date with new tax laws and legislation, we are in a position to identify key tax planning opportunities that minimize both the current and future tax liabilities of our clients.
- Corporate Tax Consultancy
- Corporate Strategic Tax Planning
- Tax Returns and Computations
Through our firm’s Tax Team we also provide Tax Compliance services which include but are not limited to:
- Preparation and submission of Corporate and Individual Income Tax return forms
- Provisional Tax Assessments
- Tax computations
- Liaising with Tax Authorities
- Tax Opinions
Our firm has an in-depth knowledge of the tax system. At Tundra Tax and accounting, based on the information presented to us, we can provide you with a tax opinion, which is specific to your circumstances.
- Tax Rulings
We can request and obtain an official tax ruling from the Income Tax Office, with respect to specific circumstances that are applicable to your company
- Tax Certificates & Accounting Tax related services
Liaising with the Tax Authorities and obtaining tax clearance certificates, tax residence certificates and double taxation certificates.
Individual Tax-related Services
- Tax Services for Individuals
We provide our clients with the taxation expertise and knowledge that they deserve throughout the year.
- Tax Consultancy and Planning
Our Firm’s tax department assists individuals with any personal taxation issue such as tax planning and compliance, trust planning, investment planning, pension and life insurance, etc.
- Tax Returns and Computations
We offer to our individual clients:
- Assistance in preparation of their tax returns
- Submission of the required tax return to the Inland Revenue
- Advice and preparation of capital statements
- Personal tax planning
- Advice on tax issues affecting expatriates
- Liaising with the local tax authorities
- Capital Statements
Our tax specialists assist clients with:
- Advice and preparation of capital statements
- Submission of the capital statements to the Inland Revenue
- Liaising with the local tax authorities
- Tax Certificates
Liaising with the Tax Authorities and obtaining tax clearance certificates, tax residence certificates, and double taxation certificates.
Value Added Tax related services
- Value Added Tax
Non-compliance with VAT regulations can be costly and the fines for failure to comply with the legislation may result in excessive penalties. We help our clients by reviewing their VAT systems to determine their effectiveness. Where these are found to be lacking we help devise the appropriate strategies to mitigate future errors and reduce risks.
- Consultancy and Planning
Value Added Tax is one of the most complex tax issues that businesses are faced with since many organizations will sometimes miscalculate their liabilities. VAT, an indirect tax, can impose major cost and compliance burdens. Correct handling of VAT, however, can lead to additional sources of cash inflow for some firms. Our tax specialists assist clients with VAT compliance obligations and provide services in relation to VAT reviews thus assisting in early identification of problematic areas. They also advise clients on international transactions involving VAT. Services in this field include among others:
- Preparation and filing of VAT/VIES/Intrastat returns
- Negotiation with the VAT authorities
- Efficient VAT recovery
- VAT diagnostic reviews
- Advice on mitigating VAT costs and managing risks on importing/exporting
- EORI Registration.
- VAT Returns and Registration
Our team assists clients with:
- VAT registration
- VAT Investigations
- Completion and submission of VAT returns
Other Tax-related services
By keeping up to date with new tax laws and legislation, we are in a position to identify key tax planning opportunities that minimize both current and future tax liabilities of our client.
- Capital Gains and Immovable Property tax
We consult and assist clients with regards to:
- Capital Gains Tax
- Immovable Property Tax
We can recommend service providers that will assist you in all aspects of Company formation, starting from a “shelf company” available to you within 36 hours, to a formation of a company with the name of your choice within 10 working days.
- Trustee Services
All nominee services are provided through our network of service providers including nominee directors, shareholders, secretary, and an office as a registered office. The appointed nominees hold the shares in the Trust and/or act according to the instructions of the beneficial owners.
The beneficial owners are responsible for the appointment and removal of the nominee directors, secretary, and shareholders. The name of the beneficial owner is only disclosed to the bank. Unless there is a disclosure order by a TUNDRA TAX & ACCOUNTING court, neither our firm, nor the service providers as nominees, nor the bank share this information with any governmental or other institution. Such an order is issued in cases where there is valid suspicion that the beneficial owner or activities of the company do not comply with AML (Anti-Money Laundering) requirements.
Every company must have a company secretary and a registered office address in TUNDRA TAX & ACCOUNTING which is used as the company’s official address for the receipt of any official documents. “Registered office as a nominee service” means that your company will be registered legally at the provided address.
- Corporate Administrative Services
We assist clients with a full range of services as follows:
- Preparation of minutes of Directors and Shareholders’ meetings
- Maintenance of statutory records of companies
- Conducting Company searches at the office of the Registrar of Companies
- Completion and submission of company returns and other forms and notifications to the Registrar of Companies (annual returns, changes in share capital, directors or shareholders, etc.)
- Secretarial Services
- Translation and legalization of documents
- Opening and operating bank accounts)
- Provision of bank signatories and processing bank instructions
- Provision of telephone, email, and fax services
- Registration of Trade Names and Trade Marks
- Ready-Made “Shelf” Companies
Shelf companies are maintained by our professional service providers and are readily available upon request, facilitating company set-up within 24 hours.:
Income Tax Services
If you are dreading that phone call from SARS, do not stress, we’ve got you covered. Tundra Tax & Accounting Services will help you with everything from your Tax Registration to Tax Submission to ensure you are compliant.
Income Tax Services:
- 1 .Company Income Tax Returns
- 2 .Provisional Tax Returns
- 3 .Personal Tax Returns
- 4 .Tax Clearance Certificates
- 5 .Tax Registrations
Annual Financial Statements:
Why do you need an Annual Financial Statement?
- 1 .Every business owner needs accurate and timeous financial reporting to make an informed decision and grow their business.
- 2 .The Companies Act requires that every company compile Annual Financial Statements within 6 months after year-end.
- 3 .Banks and investors will request financial statements when evaluating your application.
- 4 . SA Revenue Services can, and in most instances, call for financial statements in support of the company’s income tax return
