Getting your invoicing right for VAT
Once registered, you must issue valid tax invoices that show your VAT number, the tax charged and the required details. Correct invoices protect both your VAT collection and your customers' input claims. We help set up compliant invoice templates so your VAT records stand up to any SARS review.
Budgeting for your VAT payments
VAT you collect is not your money to spend; it is held on behalf of SARS until the VAT201 falls due. Keeping the VAT portion aside as you invoice means the payment is always ready. We help clients build this discipline so bi-monthly VAT never dents cash flow.
Keeping payroll records in order
Employers must keep payroll records, including payslips, EMP201s and employee details, for five years. Accurate records make the twice-yearly EMP501 reconciliation straightforward and ensure staff receive correct tax certificates. We maintain your payroll records so everything ties up at reconciliation time.