What happens when a company loses SBC status
Review the facts that can end SBC qualification, check the assessment-year consequences and recalculate company tax using the correct treatment.
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Showing 65–96 of 211 articles
Starting a cash forecast from bank balances
A practical guide to cash flow forecasting: starting a cash forecast from bank balances. Check the evidence, exceptions and next steps.
Documents to prepare before submitting annual returns
A practical guide to cipc annual returns: documents to prepare before submitting annual returns. Check the evidence, exceptions and next steps.
Reconciling employee certificates after a payroll migration
Reconcile employee tax certificates after a payroll migration, checking identifiers, year-to-date totals and duplicate reporting risks.
Compliance and Regulations: Keeping Your Business on Track
Staying compliant with regulations is essential for the smooth operation of any business. Understand relevant SARS changes and labor laws.
Completing an ITR12 for salary income
Use your IRP5 and supporting certificates to review an ITR12 for salary income, reconcile tax credits and check a worked assessment example.
When a small company needs an independent review
A practical guide to annual financial statements: when a small company needs an independent review. Check the evidence, exceptions and next steps.
Filing a first beneficial ownership declaration with CIPC
A practical guide to beneficial ownership: filing a first beneficial ownership declaration with CIPC. Check the evidence, exceptions and next steps.
TCS PIN expiry and tax compliance status
Check a TCS PIN’s status and validity, distinguish an expired PIN from tax non-compliance and retain evidence of the replacement verification route.
VAT registration through eFiling
Follow the VAT registration route through SARS eFiling, check the registered representative and prepare evidence for verification requests.
Submitting an IRP6 through eFiling
A practical guide to provisional tax: submitting an IRP6 through eFiling. Check the evidence, exceptions and next steps.
Dealing with a missed VAT return period
Identify an outstanding VAT period, reconcile the underlying records and check the filing, payment and account consequences before submitting.
SBC shareholding restrictions for business owners
A practical guide to small business corporation tax: sBC shareholding restrictions for business owners. Check the evidence, exceptions and next steps.
Forecasting customer receipts from unpaid invoices
A practical guide to cash flow forecasting: forecasting customer receipts from unpaid invoices. Check the evidence, exceptions and next steps.
Tax clearance certificates versus tax compliance status
A practical guide to tax clearance and compliance: tax clearance certificates versus tax compliance status. Check the evidence, exceptions and next steps.
Calculating employer and employee UIF contributions
A practical guide to uif employer duties: calculating employer and employee UIF contributions. Check the evidence, exceptions and next steps.
Recovering a forgotten SARS tax number
Use official SARS channels to recover a forgotten personal tax number, protect identity details and retrieve a Notice of Registration.
Provisional tax when income is irregular
Prepare provisional tax estimates for uneven income, check payment periods and reconcile year-to-date records with realistic supporting assumptions.
Understanding CIPC annual return fees and penalties
Understand CIPC annual return fee bands, turnover records, late filing costs and the checks to complete before submitting a company return.
Small Business Corporation tax: who qualifies in South Africa
Check the SBC qualification tests, assessment-year rates and supporting records for a South African company before claiming section 12E relief.
Dealing with a late EMP501 submission
Identify a late employer reconciliation, reconcile payroll certificates and payments, and check the correction and penalty records on SARS systems.
Understanding VAT201 input tax fields
Check how input VAT claims map to VAT201 fields, including supporting invoices, apportionment, adjustments and excluded expenditure.
Who qualifies for turnover tax in South Africa
A practical guide to turnover tax: who qualifies for turnover tax in South Africa. Check the evidence, exceptions and next steps.
Who is a provisional taxpayer in South Africa
A practical guide to provisional tax: who is a provisional taxpayer in South Africa. Check the evidence, exceptions and next steps.
Obtaining a Compensation Fund letter of good standing
Check the registration, earnings declarations and payment records needed when requesting a Compensation Fund letter of good standing.
Beneficial ownership for a company with no trading activity
Check beneficial ownership obligations for a company with no trading activity, including control records and CIPC filing evidence.
Registering a micro business for turnover tax
A practical guide to turnover tax: registering a micro business for turnover tax. Check the evidence, exceptions and next steps.
Tracking a VAT refund through eFiling
A practical guide to vat refunds: tracking a VAT refund through eFiling. Check the evidence, exceptions and next steps.
Raising growth capital in South Africa in 2026
A practical guide to funding ready records: raising Growth Capital in South Africa: 2026 Routes. Check the evidence, exceptions and next steps.
Fixing an e@syFile import validation error
Trace an e@syFile import error to the payroll export, check required fields and certificate layout, then validate the corrected submission.
Tax compliance for a newly registered company
Check a new company’s tax registration, return obligations and TCS profile, then verify the records needed to resolve outstanding compliance items.
Preparing financial projections for a funding application
A practical guide to funding ready records: preparing financial projections for a funding application. Check the evidence, exceptions and next steps.