Accounting Services, Cape Town

By: Ice Edge  11-11-2011
Keywords: Accounting, Annual Financial Statements, Income tax


All prices are adjustable with reference to individual case assessments and specific client circumstances and we will beat any quote received elsewhere (quote in writing).

CODE COST REGULARITY
A ACCOUNTING AND AUDITING:
Recruitment and screening of staff:
A01 Meeting with client to discuss accounting and bookkeeping staffing requirements  R          500.00 Per hour
A02 Placing of adverts and screening of CV's received  Cost of advert  Per advert
A03 Interviewing selected candidates and compiling a short list for the client   R          500.00 Per hour
A04 Screening and assessing current staff and reporting on findings to management  R          500.00 Per hour
Bookkeeping services:
A05 Collection and delivery of information  R               5.00 Per kilometer
A06 Sorting of documentation (when not filed)  R          650.00 Per month
A07 Processing of information on Pastel (incl management reports)  R          500.00 Per month
A08 Debtors management (invoicing and statements to debtors)  R          250.00 Per month
A09 Extra cost for processing larger quantities (>2 bank accounts)  R          250.00 Per month
Payroll services:
A10 Management and staff salary structuring  R          750.00 Per year
A11 Weekly wage preparation and payslips  R          150.00 Per week
A12 Salary preparation and payslips (10 or less employees)  R          250.00 Per month
A13 Salary preparation and payslips (10 - 25 employees)  R          400.00 Per month
A14 Salary preparation and payslips (25 or more employees)  R          500.00 Per month
Annual financial statements, income tax and statutory audit:
A15 Individual basic income tax - IRP5 only (includes administration)  R          500.00 Per year
A16 Individual income tax - with additional income sources (includes administration & provisional tax)  R          750.00 Per year
A17 Individual income tax - with commission earning (includes administration & provisional tax)  R          900.00 Per year
A18 Sole Proprietor annual financial statements & income tax (includes administration and provisional tax)  R       2 000.00 Per year
A19 Partnership annual financial statement & income tax (includes administration and provisional tax)  R       2 250.00 Per year
A20 Trust annual financial statements & income tax (includes administration and provisional tax)  R       2 500.00 Per year
A21 Close Corporation annual financial statements & income tax (includes administration and provisional tax)  R       3 500.00 Per year
A22 Company annual financial statements & income tax (includes administration and provisional tax)  R       4 000.00 Per year
A23 Statutory audit file preparation (includes A22)  R     14 500.00 Per year
A24 Statutory audit file independant review and sign off by Du Plessis & Associates Inc.  R       3 000.00 Per year
A25 Statutory independent review file preparation and sign off (includes A22)  R     10 000.00 Per year
A26 Additional cost for capital gains tax calculations included above  R          500.00 Per year
Outsourcing services:
These costs are a guideline as specific needs should be considered and adjusted for
A27 Junior administration clerk and bookkeeper   R       4 500.00 Per month
A28 Senior administration clerk and bookkeeper   R       6 500.00 Per month
A29 Chief Financial Officer appoinments and board responsibilities (per board meeting)  R          550.00 Per hour
A30 Risk Management department (full scope of functions - Corporate Governance excl internal audits)  Dependant on scope 
A31 Internal audit function (per assignment)  Dependant on scope 
B DUE DILIGENCE
Costs quoted below are a guideline and will depend on individual complexity:
B01 Acquisions and mergers advisory  Dependant on scope 
B02 Negotiations and consultations with target parties  Dependant on scope 
B03 Business valuations and business assessments  R       3 000.00 Per valuation
B04 Financing and investment advisory  Dependant on scope 
B05 Policies and procedures compilation and implementation  Dependant on scope 
C TAXATION SERVICES
Registrations:
C01 Registration for VAT  R       1 000.00 Per registration
C02 Registration for PAYE,UIF  R          500.00 Per registration
C03 Registration for income tax  R          500.00 Per registration
Returns submissions:
C04 Submission of VAT201 via e-filing  R          200.00 Per submission
C05 Submission of EMP201 via e-filing  R          200.00 Per submission
C06 IRP 5 preparation and reconciliation (if < 10 staff members)  R          500.00 Per submission
Applications and advisory:
C07 Application for tax clearance certificates (good standing/tenders)  R          350.00 Per application
C08 Application for tax directives  R          450.00 Per application
C09 Tax advisory and strategy  R          550.00 Per consultation
D COMPLIANCE
Statutory incorporations and submissions:
D01 Application to reserve a company name  R          100.00 Per submission
D02 Application for extension of a name reservation  R             60.00 Per submission
D03 Application for defensive name reservation  R          500.00 Per submission
D04 Application for renewal of defensive name registration  R             60.00 Per submission
D05 Application to transfer reserved or defensive name  R          150.00 Per submission
D06 Notice of incorporation (Basic)  R          750.00 Per submission
D07 Notice of incorporation (Specific)  R       1 250.00 Per submission
D08 Notice of amendment to the memorandum of incorporation  R          600.00 Per submission
D09 Notice of alteration of memorandum of incorporation  R          600.00 Per submission
D10 Notice of translation of memorandum of incorporation  R          600.00 Per submission
D11 Notice of consolidation of memorandum of incorporation  R          600.00 Per submission
D12 Notice concerning company rules  R          200.00 Per submission
D13 Notice of result of vote on company rules  R          200.00 Per submission
D14 Application to convert a close corporation  R          250.00 Per submission
D15 Notice of change of financial year end  R          100.00 Per submission
D16 Notice of special resolution to wind up solvent company  R          600.00 Per submission
D17 Application of re-instatment of de-registered company or external company  R          600.00 Per submission
D18 Filing a special resolution not adressed  R          250.00 Per submission
Annual returns:
D19 CIPC annual return - Company - Less than R1 Million turnover  R          300.00 Per submission
D20 CIPC annual return - Company - Less than R1 Million turnover (late submission)  R          400.00 Per submission
D21 CIPC annual return - Company - At least R1 Million but less than R10 Million Turnover  R          650.00 Per submission
D22 CIPC annual retun - Company - At least R1 Million but less than R10 Million Turnover (late submission)  R          800.00 Per submission
D23 CIPC annual return - Company - At least R10 Million but less than R25 Million Turnover  R       3 000.00 Per submission
D24 CIPC annual return - Company - At least R10 Million but less than R25 Million Turnover (late submission)  R       3 500.00 Per submission
D25 CIPC annual return - Company - R25 Million or more turnover  R       4 500.00 Per submission
D26 CIPC annual return - Company - R25 Million or more turnover (late submission)  R       5 500.00 Per submission
D27 CIPC annual return - Close Corporation   R          300.00 Per submission
D28 CIPC annual return - Close Corporation (late submission)  R          450.00 Per submission
D29 CIPC Searches  R          175.00 Per search
Sundry correspondance and submissions:
D30 Restoration for non compliance  R          500.00 Per submission
D31 BEE certificate  R          700.00 Per submission
D32 Written confirmations and formal letters on behalf of clients to third parties  R          150.00 Per instruction
E HOURLY RATES AND AGREEMENTS
E01 Initial consultation with a prospective client  Free 
E02 Trainee Accountant rate per hour  R          200.00 Per hour
E03 Administative Assistant rate per hour  R          250.00 Per hour
E04 Senior Trainee Accountant rate per hour  R          400.00 Per hour
E05 Senior Accountant/Manager  R          550.00 Per hour
E06 Practice Principal rate per hour  R          600.00 Per hour
E07 Monthly individualised client service agreement  As compiled  Per month
F PACKAGES
F01 Basic company registration pack  R       4 000.00 Per pack
- Name reservation
- Statutory Registrations
- Pre-Incorporation agreement
- Incorporation
- Initial minutes of meeting
- Company register
F02 Statutory registrations pack  R       1 750.00 Per pack
- PAYE Registration
- UIF Registration
- Business Income tax Registration
- Workmens Compensation Registration
F03 Appointment as company secretary  R       1 500.00 Per Annum
- Minutes of all meetings
- Maintenance of company register
- General Advisory to board
- Attendance at board meetings

Keywords: Accounting, Annual Financial Statements, Income tax