Tax and Business Incorporation
Tax estate planning is not a matter solely reserved for large estates. Whether you operate a small business, gift or own relatively modest assets, it is essential to take time to ponder your financial position, both now and in the future. Whether now or in the future, tax plays a significant role, especially when you gift your loved ones or transfer assets, including your business, to your next generation
Establishing an appropriate business structure.
Full-service tax filing & preparation solutions.
Simplified business accounting services.
Tax implications of employing permanent staff or contractors.
Expanding your business operation or investments.
Tax implications of selling your business.
Divorce tax consequences.
Taxation of valuable personal-use asset (yacht, boat, aircraft).
Ongoing tax support.
VAT
Often, many businesses come up against the complexities in countries’ VAT systems. Our team provides high-quality advice to help you navigate these complexities. We assist businesses across various sectors, especially those with high levels of complexity, such as the financial, construction, real estate, and charity sectors, including non-profit and exempt entities.
VAT registration (compulsory and voluntary)
VAT deregistration
VAT planning
VAT Refund
Attend VAT investigation (full, selective and random inspection)
VAT risk assessments, including liability and penalties.
PAYE & Payroll Services:
PAYE & Payroll Services:
We provide tailored payroll systems and management services. Our highly skilled team supports both employers and employees in navigating the intricacies of payroll taxes.
Registration and setup (such as correct withholding and deduction of all mandatory
EMP201 return
Employment tax incentive (ETI)
EMP 501 tax activation.
EMP 501 reconciliation (bi-and annual reconciliation)
Correspond to SARS issues related to underpayments, overpayments, and filing errors
Sent individual payslip via secured electronic portal
Sent individual payslip via secured electronic portal
Tax strategy to manage employee resources and maximise tax benefits
Corporate Tax
We collaborate with you to develop cost- and tax-efficient strategies both domestically and internationally. Recognising the significant differences between tax laws and commercial practices, Clãrus creates synergy in strategic tax techniques to maximise benefits. We understand that global trade offers expansion and investment opportunities, but corporate tax laws across countries can be complex and extensive. Our team works closely with you to craft effective cross-border tax planning approaches.
Return preparation and calculations.
Transfer pricing documentation and valuation.
Corporate tax structuring and restructuring.
Expatriate and tax clearance services.
Exchange, customs, and import controls.
Mergers and acquisitions.
Repatriation.
Tax reporting (BEPS, CRS, PE, FATCA).
Foreign tax credit applications.
Cross-border transactions.
Safe harbour assessments.
Providing proactive updates on international tax regulations.
Tailored Tax Consulting and Advice
At Clãrus, we understand the unique needs and financial position of various professionals in our economy. The tax world requires a deeper understanding of complex, sophisticated tax laws, regulations, and practices. We therefore provide proactive, tailored tax consulting to minimise the overall tax burden while ensuring accurate and timely tax return filing for both the practice and the individual. We therefore provide tailored tax consulting and advice to:
Self-employed:
• Farmers,
• Real estate investors,
• Small and medium business owners.Independent service providers (ISPs):
• Sportsperson.
• Artist & actors.
• Influencers.
• Freelancers.
• Construction workers.
• Life coaches & motivational speakers.
• Landlords/rental income earners (Airbnb hosts).
• Courier, riders and drivers.High-income earners:
• Medical professionals.
• High-net-worth individuals and families.
• Lawyers.
• Executives and Directors.- Virtual Bookkeeper.
Excise & Customs
Our dedicated team works with you to remain compliant, mitigate risks, and optimise costs and resources related to imports, duties, export controls, and excise taxes. Our service includes,
Trade compliance.
Preparation and inspection of customs documentation and procedures.
Tariff classification (such as the correct harmonised system (HS) code for goods).
Customs valuation.
Advice on favourable or preferential trade arrangements.
Correspond with SARS customs tax authorities regarding audit or ongoing dispute.
Preparing and filing excise tax returns for specific goods such as motor fuel, alcohol and tobacco.
Advise the client on available excise tax credit or refund, including applicable rebates.
Conduct customs and excise debt process.
Conduct a risk assessment to avoid tax audits.
Tax Estate Planning
Tax estate planning is not a matter solely reserved for large estates. Whether you operate a small business, gift or own relatively modest assets, it is essential to take time to ponder your financial position, both now and in the future. Whether now or in the future, tax plays a significant role, especially when you gift your loved ones or transfer assets, including your business, to your next generation
Taxation of trust and deceased estate.
Donation and Innheritance tax.
Tax-exempt gifting.
Gifting to charity.
Marriage tax implications.
Divorce tax consequences.
Taxation of valuable personal-use asset (yacht, boat, aircraft).
Tax and Business Incorporation
Tax estate planning is not a matter solely reserved for large estates. Whether you operate a small business, gift or own relatively modest assets, it is essential to take time to ponder your financial position, both now and in the future. Whether now or in the future, tax plays a significant role, especially when you gift your loved ones or transfer assets, including your business, to your next generation
Establishing an appropriate business structure.
Full-service tax filing & preparation solutions.
Simplified business accounting services.
Tax implications of employing permanent staff or contractors.
Expanding your business operation or investments.
Tax implications of selling your business.
Divorce tax consequences.
Taxation of valuable personal-use asset (yacht, boat, aircraft).
Ongoing tax support.
Ancillary Tax Solutions and Services
Public benefits organisation and exempt enterprises.
Equity and collective investment schemes tax.
Crypto and digital assets taxation.
Tax treaty claims.
Tax claims (rebate & exemption).
R&D incentive application.
Appointment of a local company registered representative (RR).
Good Tax Governance & Cooperative Compliance
Good Tax Governance & Cooperative Compliance
Access to qualified concessional treatment.
Tax certainty for transactions.
Exclusion from pre- and post-lodgment reviews or audits.
Centralised point of contact within the tax authority to expedite pressing tax matters.
Tax policy and strategy formulation.
Identification of high-risk transactions and developing mitigating strategies.
Appointment of a local company registered representative (RR).
Tax Compliance and Tax Controversy
We pair a highly skilled team with extensive tax knowledge and an astute risk-compliance attitude to deliver efficient and effective tax compliance. SARS audit can be intimidating, overwhelming, costly and time-consuming. Our team helps you mitigate audit risk by navigating tax laws to resolve a known controversy or reduce future risk.
Tax Policy:
Considering the political and transnational nature of taxation, especially the cross-border investments. Our tax policy advisers proactively engage lawmakers and government officials across the spectrum. Tax policy plays a pivotal role in raising government revenues worldwide. Central to tax policy design is that such revenues raise should be collected efficiently and equally from taxpayers. Tax policy design falls short of these crucial considerations, risking distortions in economic activities, including investment, labour, and accelerated innovation.
Our team actively engages tax policymakers not only to safeguard our clients’ interests, but also to foster transparent, consultative practice and sound tax law development. Through this engagement, Clãrus helps influence key tax matters, including cross-border taxation, R&D incentives, tax savings, and pension-related issues. Our team helps clients structure internal tax frameworks and anticipate tax policy developments.
Clãrus Tax Practice Training:
Clãrus Tax Practice Training:
Whether you’re a registered tax practitioner, staff member or operating your own business or practice, continuous education is an integral part of successful business. At Clãrus, we provide the following tax practice training:
• Transfer pricing.
• VAT.
• Crypto and digital asset.
• Tax education for small and medium enterprises.
Get a personal consultation.
We will take care of your tax and accounting services.
