SibandaMuller Financial Services offers a virtual accounting solution for Small to Medium Sized Business. By using Pastel Business online you will be in a position to watch your business grow, run your business anywhere, anytime without any hassle or delay. You will be able to keep track of your sales, purchases, inventory, customers, suppliers and cash movements all through your internet browser.
Payroll Processing can be quite a nuisance. Calculating PAYE, SDF, UIF as well as PAYE reconciliations can be very time consuming. If you make a mistake in the payroll processing process you may feel the rath of the SARS and also employees
To ensure compliance all businesses are required to register as a Tax Payer with SARS
There is an exception with VAT , businesses who produce taxable supplies in excess of R1Million a year would need to register for vat, but a company may choose to voluntarily register provided that the minimum threshold of R50 000(from 1 March 2010) has been exceeded in the past 12 month period.