Services

service points

These are our most common points of service that we provideour clients with

  • Queries about registration and name changes of existing entities.
  • Queries on obtaining a Letter of an Accountant.
  • Understanding efficiency of outsourcing the payroll function of your business queries.
  • Accredited bookkeepers and registered accountant services queries.
  • Compliance to Tax Returns and VAT registrations of new or existing business.
  • Certification and compliance to BEE or BBBEE.
  • Facilitation of registration with NCR.
  • Bank/ Funding Finance or Loan Application requiring financial projections and business plan queries.
  • Queries on how to cost a job/ project or normal business activities.
  • Contract management queries.
  • Calculation of stock order points and conduction stocktaking activities.
  • Getting a letter of Good Standing from an Accountant queries.
  • Compliance and performing due diligence audits queries.
  • Queries about conducting financial audit of your business systems and operations.
  • Fraud prevention strategies and integration of workflows.
  • Queries on how to design internal controls and early warning of performance in your business.
  • Business rescue and dissolution queries.
  • Drafting a Memorandum of Understanding queries.

Financial Packages

• Accounting

• Audits

• Bankruptcy

• Book Cleanup

• Bookkeeping

• Business Budgeting and Forecasting

• Business Plans

• Consulting

• Cost Accounting

• Financial Planning

• Financial Reporting

• Financial Services

• Forensic

• In-House CFO

• Payroll

• Personal Financial Planning

• Personal Tax

• QuickBooks Consulting

• QuickBooks Setup

• QuickBooks Training

• Self-Employed Taxes

• Small Business Tax

• Startup Consulting

• Stock Services

• Sustainability Audit

• Tax Advice

• Tax Consulting Services

Pricing Plans

Bookkeeping

R890

Tax and Vat

R2550

Accountant Letter

R500

Compliance BEE

R1350

Business rescue (Rate Per Hour)

R2500

Estate Accounting
(Rate Per Hour)

R1350

NCR Registration

R2500

Auditing

R10 000

Business Planning

R10 000

Strategy planning

Mbhuduma Business Solutions will guide your business in the necessary planning and strategy that it may need. Partner with us in growing your venture because we know how much your business means to you.

Accounting

We provide all types of accounting, tax & audit services. Click on the button below to receive a quote.

Advisory

Our specialised and affordable business advisory services will take your business into new heights

Business Development

We provide monthly business development services at a really affordable rate.

Specialised Tax Services

Mbhuduma Business Solutions have a specialised Tax Services offering that will allow you to be 100% compliant when it comes to requirements from SARS. Don’t wait for the last minute, have a look at our pricing below and stay RISK FREE in your tax obligations.

If you are considering setting up a business, no doubt that one of the considerations will be the business tax rates in South Africa.

Below we give you an insight into not just the business tax rates in South Africa but also the South Africa Revenue service requirements, accounting procedures and employee taxation.

Please note that any reference to an external company is a foreign company with a ‘branch in South Africa’. You can read up more on the definition of an external company here.

 

Annual Tax Returns for Companies

All companies, including external companies and close corporations, are required by law to lodge their annual returns with CIPC (previously CIPRO) within a certain period of time every year. An annual return is a statutory return in terms of the Companies and Close Corporations Acts and therefore MUST be complied with.

Failure to do so will result in the Commission assuming that the company and/or close corporation is not doing business or is not intending on doing business in the near future. Non-compliance with annual returns may lead to de-registration, which has the effect that the juristic personality is withdrawn and the company or close corporation ceases to exist.

Filing of annual returns

The Act makes a distinction between local companies and external companies’ annual returns, and the content of each differs. There will therefore be three annual return lodgement avenues namely for local companies, external companies and close corporations.

Annual returns for local and external companies must be filed within 30 business days from the anniversary date of incorporation. If filing is done later than the 30 business days an increased fee is payable up until the company is deregistered due to non-compliance.

Annual return fees

Annual Turnover

Filing within 30 business days after anniversary

Filing more than 30 business days after anniversary

Less than R1 million

R100

R150

R1 million but less than R10 million

R450

R600

R10 million but less than R25 million

R2000

R2500

R25 million or more

R3000

R4000

Business Tax rates in South Africa

*Normal company tax rate is 28%

* Branches 28%

Small business corporation

 

R0 – R67 111

0 %

R67 112 – R365 000

7 % above R67 111

R365 001 – R550 000

R20 852 + 21 % Above R365 000

R550 001 and above

R59 702 + 28 % Above R550 000

A small business corporation is classified as having a turnover threshold of R20-million per year.