ACCOUNTING & TAX
Meeting All Your Financial Needs
Tax Compliance & Regulatory Services
Tax Planning & Structuring
Every business is required by law to keep records. However, bookkeeping and payroll management can be arduous and time consuming jobs. SM Squared employs qualified bookkeepers who can handle all your bookkeeping and payroll needs, allowing you to focus on running your business.
We provide a range of accounting services for businesses of all sizes. From bookkeeper to full accountancy including payroll and tax services – we cover it all.
Cloud – software as a service is showing rapid growth and all businesses will have exposure to ‘the cloud’ in most areas of their business in time to come, one such area will be the use of accounting software and services via the internet.
We strongly promote the use of cloud based finance solutions, which in our view enhances our clients experience of accounting by creating an environment of greater visibility of the financial performance of their business.
WHAT WE OFFER
Our accounting services include a number of offerings that are particularly useful to privately owned companies and their owners. Our services will ensure that the business owner is left to focus on running their business, while we take care of their accounting work, including:
Transactional bookkeeping services
Monthly profit & loss and balance sheet reporting
Monthly and quarterly management accounts
Fully oursourced back office solutions for your entire accounts function
Preparation of annual financial statements
Performing independent reviews
We also provide these services to business owners in their personal capacity, as well as to trusts. Our services include the compilation of personal financial statements, personal tax returns, and tax compliance services, namely:
Submission of provisional tax returns
Obtaining extensions if necessary
Preparing the year-end tax return
Checking the final tax assessment
Preparation of the payroll on a monthly basis
Calculation of amounts due for PAYE, SDL and UIF
Our payroll services include:
Furnishing salary advices to employees
Issuing of IRP5s at tax year-end
Providing detailed reports of earnings, deductions and leave
Manage communication with SARS and other institutions relating to the payroll
HOW IT WORKS
As your CFO, we operate as your strategic business partner, when and where you need us, helping you to accelerate your business. The appointed CFO will visit the client site as often as necessary and work with employees in order to develop a thorough understanding of the clients business, finances, culture and people, but more importantly to help our clients grow, prosper, and achieve their goals.
In essence, the CFO becomes a member of the team and if required by the client, the CFO will take on a role title of “Interim CFO”, which will include a client email address, client business cards, etc. This is often very important to clients, especially to those who wish to show that they have a financial expert on board, often an essential requirement if the client is looking to raise finance, obtain investment, etc.
Acting as your registered office for the storage of your secretarial records
The preparation of the required documentation and minutes relating to the company’s annual general meeting
We also provide secretarial services including:
The appointment and resignation of directors
Preparation of CIPC returns
Assisting with any changes in shareholding
Company registrations and compliance