DMG Accounting Services has a niche focus on helping small to medium businesses manage their finances while offering a wide range of tailored solutions essential to helping your business succeed.
Income Tax and SARS
We enjoy solving our clients’ SARS, tax, and compliance problems. Our accounting experts handle everything from tax returns to dealing with SARS, giving you the peace of mind that your taxes are up-to-date and compliant so that you can focus on what really matters.
Services Include
- Registration for Income Tax with SARS (included in Company Registration cost)
- Submission of annual tax returns (ITR14)
- Submission of annual tax returns (ITR14) – Dormant
- Submission of bi-annual provisional tax returns (IRP6) – x2 per year
- Submission of SARS ITR14SD – Supplementary Declaration (if requested by SARS)
Accounting and AFS (Annual Financial Statements)
As a statutory requirement, companies must compile Annual Financial Statements every year within 6 months of year end. From drafting according to the relevant International Financial Reporting Standards to preparing for audits and reviews, we provide fast, accurate, and professional AFS services.
Services Include
- Preparation and production annually – Small Company
- Preparation and production annually – Medium Company
- Preparation and production annually – Large Company
- Bookkeeping to balance sheet ( Calculated at R350 per hour if books not done by us )
Bookkeeping and VAT
If you get the basics of bookkeeping right, everything else falls into place! Bookkeeping helps businesses effectively manage cashflow, plan for the future, and get prepared for each financial year. We go the extra mile to make sure that your bookkeeping is done accurately and timeously.
Services Include
- Monthly bookkeeping calculated at R350 per hour
- Monthly services with management accounts if required
Payroll SARS / UIF / COID
Although UIF payments are made to SARS when submitting monthly PAYE/SDL/UIF returns, it is still necessary to submit UIF returns to the Department of Labour on a monthly basis. We provide annual IRP5 certificates, as well as bi-annual PAYE returns.
Services Include
- Registration for PAYE with SARS
- Monthly submission of EMP201 returns (included in Payroll submission)
- Monthly payroll and payslips – R75 per payslip
- Bi-annual submission of EMP201 returns (including annual IRP5 certificates) – x2 per year
- Annual IRP5 certificates for individuals
- We submit all UI19 forms to The Department of Labour – UIF monthly
Secretarial and CIPC Compliance
CIPC compliance is compulsory for all employers and is the equivalent of the previously named “Workman’s Compensation Fund.” Our accounting experts help to protect your business and keep it compliant by filing this return annually.
Services Include
- From 0.1% of payroll payable to the Department of Labour (depending on category)
- Registration for COID (Workman’s Compensation)
- Annual returns (ROE) with The Department of Labour
- Letter of Good Standing (if required)
Ad Hoc Services
We take your business as seriously as our own. Our expert advisors are here to help with every aspect of your personal or business accounting needs so that you can have peace of mind as you focus what’s most important.
Services Include
- Accountants Letters
- Dividend declaration (as and when declared)
- EME Certificates
- Tax Clearance Certificate
- Tax Directives
