HLB - South Africa

By: Hlb  11-11-2011
Keywords: Accounting, Accounting Services, tax

ACCOUNTING SERVICES

Let us perform your bookkeeping function, and take away the agony of your VAT submissions.

The additional benefits of having your accounting function performed by ourselves:

  • Monthly financial reports to base your operating decisions on
  • To assist with bank loans requiring up to date financial reports
  • Vat input claims and output need proper substantiation and good record keeping

ACCOUNTING

We provide the following services:

  • Reconciling your bank accounts and providing cash balance reports.
  • Reconcile your credit card statements.
  • Sound advice on certain areas of your business
  • Production of balance sheets, income statements and other financial statements monthly or quarterly
  • Quarterly tax projections
  • Preparation of all required tax reports for VAT submissions
  • Completion and submission of VAT returns.
  • Completion and submission of RSC returns
  • Meeting with you on a regular basis to discuss the financial reports and any queries you may have
  • Management accounting

TRAINING

  • We can train your staff on Pastel
  • We can assist your staff with basic bookkeeping
  • We can advise on which is the most appropriate accounting software for your business

HOW MUCH WILL IT COST?

You are likely to save more than our services cost. You will also reduce the associated employee costs such as payroll taxes, employee benefits, training time and expense, equipment, software costs and employee management costs.

For more information, please contact:

Sharon Burger
Tel:
(011) 856-5300
Fax:
(011) 856-5333

AUDIT AND ASSURANCE

Over many years, HLB Prangleys has developed a strong reputation in the core area of audit and assurance services. We are qualified to provide these services to all types of organisations. Each audit and assurance team is led by partners who are actively involved with the assignment.

Apart from assurance, we focus on adding value to the service provided. We provide a positive rather than a negative approach to all aspects of your business.

AUDIT AND ASSURANCE

  • Special investigation and factual findings
  • Internal audit services
  • Accounting systems and control review
  • Privately owned corporations and subsidiaries of foreign corporations
  • Government departments and publicly owned enterprises
  • Public charities and benevolent institutions
  • Associations and industry bodies
  • Partnerships and trusts
  • Due diligence audits
  • Interim financial statements

For more information, please contact:

Dee Bezuidenhout
Tel: (011) 856-5300
Fax:
(011) 856-5333

TAX CONSULTANCY AND COMPLIANCE

Our role is to extract from the maze of new amendments to tax laws, practical and commercial solutions to our client's business issues, whether in South Africa or internationally.

Our client base consists of individuals, partnerships, trusts, companies and close corporations, for whom we provide all manner of tax consulting and compliance.

Employment-related tax advice available covering fringe benefits tax, payroll tax and workers compensation obligation.

TAX CONSULTANCY AND COMPLIANCE

  • Personal income tax
  • Value added tax
  • Corporate tax
  • Donation tax
  • International structuring - inbound and outbound
  • Taxation planning
  • Fringe benefits tax
  • Capital Gains tax
  • Family trust advice
  • Employment taxes
  • Extensions and deferments
  • Objections and queries
  • Assistance with tax investigations and audits by Inland Revenue Department

For more information, please contact:

Graham Barnett
Tel: (011) 856-5300
Fax:
(011) 856-5333

CORPORATE FINANCE

With extensive experience in advising a wide range of businesses in the public sectors, our advisory team has a unique understanding of the challenges growth and expansion. South Africa's changing and complex taxation, combined with the intricacies of business structures, mark significant risks for those undertaking major corporate transactions. In providing corporate services, our approach is to work with clients as part of a team. By delivering timely judgement, innovative solutions, objective research and advice that is consistent with client needs to deliver workable solutions and to engender trust and confidence.

CORPORATE FINANCE

  • We provide a professional service in the selling and buying of business between R1 million and R25 million
  • We can structure black empowerment shareholders for your business
  • Due diligence reviews, reviews in connection with corporate acquisitions/disposals and/proposals
  • Preparation of completion accounts in accordance with sale and acquisition agreements for financial forecasts
  • Assisting foreign business to establish South African operations
  • Investigations for the purpose of reporting on an organisation's financial position
  • Facilitate refinance arrangements
  • Business plans
  • Funding solutions

For more information, please contact:

M C Sheppard
Tel: (011) 856-5300
Fax: (011) 856-5333

DEVELOPMENT INCENTIVES

With effect from the 1 September 2000 the Department of Trade and Industry (DTI) administer an investment grant to qualifying small and medium enterprises.

Two grants are available in respect of:

  • Establishment of new projects
  • Expansion of existing projects

DEVELOPMENT INCENTIVES

  • We will assess whether a business can qualify for the Small Medium Enterprise Development Programme (SMEDP) or other incentives
  • We will assist small and medium enterprises with the completion of the application for a grant to grow their current operations based on approved qualifying assets
  • We will assist in the completion and submission of both quarterly and reconciliation claims
  • Speak to us about other incentive schemes available from time to time

For more information, please contact:

Graham Barnett
Tel: (011) 856-5300
Fax:
(011) 856-5333

ESTATE ADMINISTRATION

We assist individuals and corporations in ensuring the timely transfer of assets to designated beneficiaries. Our objective in all instances is the preservation of the integrity of the assets that our clients have accumulated during their lifetimes.

As administrators on behalf of estate executors, we draw upon our knowledge of each client's individual financial situation. Our personal and professional interest in maximizing benefits, and our expertise in the relevant income tax laws, enables us to serve the best interest of our clients.

ESTATES AND TRUSTS

  • Planning
  • Drafting of wills
  • Executors of estates
  • Administration and winding up of estates
  • Formation and management of trusts
  • Auditing of trust

For more information, please contact:

Malcom Prangley
Tel: (011) 856-5300
Fax:
(011) 856-5333

FINANCIAL PLANNING

In these increasing inflationary times you need to ensure that you have a personal financial plan or run the risk of a compromised lifestyle.

We have a team who can address all areas of investment and planning, including advice on retirement planning, wealth creation and insurance requirements.

Estate planning is critical. We review current and projected status to ensure you plan for your estate to pay the least amount of estate tax, while maximizing the value for your family.

FINANCIAL PLANNING

  • Taxation planning
  • Local investments
  • Offshore investments
  • Retirement planning
  • Investment products and strategies
  • Insurance analysis and planning:
    • Life
    • Disability
    • Trauma
    • Business protection

HLB Barnett & Associates Incorporated in association with CRS offers a complete service in respect of personal financial matters.

The increasing complexity of financial products available to both individuals and corporate entities has resulted in clients being in need of a holistic approach to all financial matters, as each element impacts on the other.

CRS is situated in the offices of HLB Barnett & Associates Incorporated and the services are provided by Malcolm Prangley and Neil de Munnik assisted by Annette Scanlen and Stella Buckley. As independent financial advisors, CRS has an enviable reputation in the industry and is recognised as such by leading financial institutions both locally and internationally.

For further information contact:

Malcom Prangley
Tel: (011) 856-5300
Fax:
(011) 856-5333

MANAGEMENT CONSULTING

Financial security requires careful planning and reliable advice. We provide a range of planning and services to clients of all sizes.

We offer a wide range of services including business planning, detailed budgets, financial accounting, forecasts, cash flow projections, assistance with decision-making, assessment of emerging opportunities planning and advice on acquisitions and disinvestments.

MANAGEMENT CONSULTING

  • Succession planning in family businesses
  • Business risk analysis
  • Operational planning
  • Cash forecasting
  • Operations audits
  • Budgets
  • Reviewing accounting and reporting systems
  • All aspects of establishing a new business including setting up accounting systems both computer and manual
  • Drafting shareholder agreements as they are a vital part of your business relationships
  • Business valuations

MONEY MARKET

  • We have a facility to assist with saving for your provisional tax in a money market account at competitive rates
  • We provide general saving accounts on twenty-four hour call at competitive rates
  • We arrange for the depositing of withdrawals into the relevant bank account on your instructions

For more information, please contact:

Sonja Brienen - Tel: (011) 615-6607 Fax: (011) 615-6660
Mobile:
082 463 4128

Ina Swanepoel - Tel: (011) 615-6607 Fax: (011) 615-6660
Mobile:
082 335 6065

PAYROLL ADMINISTRATION

The payroll arena has developed into a minefield due to the changes in taxation and labour legislation.

We can administer your payroll to ensure that you comply with all regulations and do not face the risk of penalties from South African Revenue Services.

PAYROLL ADMINISTRATION

We can provide as many of the following services as you need:

  • We will process your payroll monthly
  • Produce payroll reports
  • We remit payment to your staff
  • We ensure timeous payment of all statutory deductions.
  • Process your IRP 5's
  • Reconcile your IRP 201
  • Compliant letters of employment
  • Assist with disputes with staff

For more information, please contact:

Payroll administrator :

Jane Furey
Tel: (011) 856-5300
Fax: (011) 856-5333

COMPUTER SERVICES

With the substantial decrease in the price of hardware and software over the years, it is very affordable to computerize your accounting and business reporting function.

We are familiar with most of the hardware components and accessories available on the market and can assist you in setting up your office environment. For the small business owner we can help you select the most appropriate accounting package and assist in its installation and setup.

Keywords: Accounting, Accounting Services, tax