Information Technology Services
- Accounting SoftwareInvest in robust accounting software like QuickBooks, Xero, or FreshBooks. These platforms offer features for managing accounts payable and receivable, creating financial reports, tracking expenses, and more.
- Cloud-Based SolutionsMove your accounting and bookkeeping operations to the cloud to enable remote access and collaboration.
- Video TutorialsProduce video tutorials explaining accounting concepts, tax regulations, and financial management strategies. This can be particularly helpful for clients who prefer visual learning.
- Webinars and WorkshopsHost online webinars or workshops on topics related to financial literacy, tax planning, and business finances. This can position your firm as an industry thought leader and provide value to your clients.
- PodcastsStart a podcast series where you discuss accounting trends, business finance tips, and interviews with experts. Podcasts can help you reach a wider audience and build a community around your firm.
- Animated ExplainersCreate animated videos that simplify complex financial concepts, such as explaining tax deductions, financial statements, or investment strategies.
- E-books and GuidesDesign e-books or downloadable guides on accounting best practices, tax planning, or business finance strategies. These resources can be shared with clients as valuable educational content.
- Social Media ContentDevelop multimedia content for social media platforms. This can include short video clips, infographics, and engaging visuals that convey financial insights in a concise and captivating way.
- Financial Data VisualizationCreate interactive dashboards and infographics to visually represent financial data.
- Digital NewslettersSend out regular newsletters with multimedia content, including videos, infographics, and links to relevant articles. This keeps clients informed and engaged.
- Client Portals with Multimedia ContentBuild client portals that offer multimedia content such as videos, tutorials, and interactive tools to help clients manage their finances effectively.
- Online CalculatorsDevelop online calculators that help clients estimate tax liabilities, loan payments, or retirement savings. These tools can provide immediate insights and value to your clients.
- Interactive Financial Planning ToolsCreate interactive tools that allow clients to simulate different financial scenarios and assess the impact on their finances. This can aid in decision-making and planning.
- Case Studies and Success StoriesShowcase client success stories through multimedia formats. Videos or interactive presentations can illustrate how your firm helped clients achieve their financial goals.
- Virtual Reality (VR) or Augmented Reality (AR) ToursFor larger firms, consider offering virtual tours of your office or introducing a virtual experience that helps clients navigate financial processes.
- Branding and Design ServicesOffer branding and design services to clients who want to improve their visual identity. This could involve creating logos, business cards, and other design elements.
- Customized Mobile AppsDevelop a mobile app that provides clients with access to their financial data, reports, and multimedia resources on the go.
Company Registration & Company Secretarial
As a company in South Africa, you are required to be duly registered in order to trade with various organisations and individuals. Once registered, there are potential tax benefits and opportunities for your company to trade with the government and be awarded various contracts.
- R890Registration of Private Companies, NPO's and NGO'stakes 3-5 days
- R950Adding / Resignation of Director
- R950Change of Name or Address
- R400Share Certificatesper certificate
- R150Company Annual Returnsexcluding CIPC fee and takes 2 days
- R4 000Drafting of Shareholders Agreement
- R2 800COID Registrations & Letter of Good Standing
- R1 500Restoration of Deregistered Companiestakes 3 days
- R450Business Bank Account
- R1 200Cooperatives Registrations
- FREEBBBEE Certificatesfree when registering your company with us
- R1 200Conversion of CC's to Private Companiestakes 5 days
- R990CIDB Registrations
- Completion and submission of statutory returns.
Our aim is to streamline the registration process as well as the maintenance thereafter. Once registered there are several administrative tasks (collectively referred to as company secretarial duties) that we attend to, this includes preparing and presenting your annual returns..
Accounting Services
By delivering innovative business solutions we assist in streamlining your overall business operations. We provide your business with accurate and reliable financial reporting so that you can make informed strategic business decisions
- Financial StatementsCompilations and Independent reviews
- BookkeepingMonthly/ Bi-Monthly/ Yearly
- Management Statements and Financial Analysis
- Cash flow and budgeting analysis
- Obtaining letters of good standing
- Statement of Assets and Liabilities, Income Statements
- B-BBEE evaluation services and certificates< R10m
- Accounts reconciliationsCashbook, Debtors, Creditors, VAT, etc.
- Accounting system implementation
- Interpretation and reporting of financial results
- Business valuations
As your trusted financial partner, you can rely on us to help you improve cash flow and profitability, maximise tax savings and plan for your future. Through our in-depth and diverse industry knowledge, we are able to take into consideration the key challenges facing your business and address them accordingly.
Payroll Management
Running payroll is one of the most important responsibilities for business owners, but it doesn't have to be the most stressful. We make this process hassle-free and easy for your business. This allows you to focus on the value-added tasks within your business.
- Compensation Fund (COIDA) registration
- PAYE registration
- Administration of timely payment of salaries for employees.
- Monthly payment of employees' tax and UIF contributions
- Submission of COID Return of Earnings
- UIF Registration
- Preparation and submission of Monthly Payroll Reports, including EMP201, UI 19
- EMP501 Reconciliation Reports including IRP5 Certificates (per employee) issued in accordance with SARS Regulations.
Tax Services
Managing tax affairs and dealings with SARS is an intensive administration and can be costly. Risks and penalties accumulate if the taxpayer loses control of proper compliance. It can be challenging for a person or business who is a non-specialist in Tax to stay ahead of the changing scope of tax affairs and still deliver effective efficient operational strategies and management.
At Solz Solutions we provide end-to-end tax management, compliance, and advisory services. That's peace of mind for our clients - it's like having your own in-house specialist tax department.
Our goal is to ensure that your business is taking advantage of all opportunities to decrease both your current and future tax liabilities. We have practical experience in working closely with South African businesses to bring innovative and effective tax planning and preparation solutions.
- SARS relationsLiaison, Directives, Issue management and Resolution
- Periodic compliance maintenance of Company tax, Personal tax, Employee tax and VAT.
- Customs Tax (exchange control, discounts and allowances resolution)
- Company tax, Individual tax (expats, local) services
- SARS relationsLiaison, Directives, Issue management and Resolution
- Import / Export licenceNormal
- SARS audit assistance
- VAT Registration
Frequently Asked Questions
An annual return is a summary of the most relevant information regarding the company or close corporation and is filed with CIPC while a tax return aims to collect financial information to calculate the taxable income of a company or close corporation in order to determine its tax liability to SARS.
VAT is based on consumption not income received. In contrast to a progressive income tax, the more you earn the more you pay, VAT is charged equally on every purchase.
Yes, both SARS and CIPC returns are required every year whether your business has generated income or not.
It is a method of paying the income tax liability in advance, to ensure that the taxpayer does not have a large tax debt on assessment.