SARS Registrations

When you start a new business there are some SARS registrations to consider.  Not everything might be applicable to your start-up business,  but we will explain some of the various tax below.

Income Tax:

Every entity need to register for income tax and provisional tax.  Individual do have a few exemptions.

Contact us here is you need to find out more about an individual's income tax registration.

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PAYE or Employees Tax Registration:

A business need to register for PAYE or employees tax as soon as its employees earn more than the tax threshold for the specific financial year.  Directors that draw a monthly income also need to pay monthly employees tax.  Further you need to submit all UIF contributions on the same monthly statutory return.

Read more about PAYE registration requirements - click here 

SDL Registration:

A business need to register for SDL (Skills Development Levy) when its gross remuneration exceeds R 500,000 per annum.  

VAT Registration :

An entity need to register for value added tax when its turnover exceeds R 1 million per annum.  You can voluntary register when the business turnover is R 50,000 or more per annum.

Read more about VAT registration requirements - click here

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We will gladly assist you with this application processes.  

Read more about other services we offer:

Company registration packages

BEE EME certificates

Income tax,  employees tax (PAYE) or value added tax (VAT) registration.

Tax clearance certificate

Monthly bookkeeping services

Annual Financial Services

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Need to do SARS registrations ... contact us here