LC Accounting is a CIBA and SAIT registered business, that is able to manage all your company’s tax obligations, such as provisional tax, corporate tax, personal tax, dividend with-holding tax, employees tax, VAT, IRP 5’s, payroll and tax clearance numbers.

• Company Tax
• Personal Tax
• Day to day accounting requirements
• Management Accounts
• Full VAT Administration and Completion of Returns
• Payroll Administration and Completion of returns  (PAYE)
• Debtors Management – who owes you?
• Creditors Management – what are your liabilities?
• Maintenance of your Fixed Asset Register (FAR)
• Depreciation
• Annual Financial Statements (IT14)
• Compiling of Budgets
• Workman’s Compensation -  Letter of Good standing
• Registration of New Companies, Amendments, Turnover submissions
• BEE ratings
• Statutory Returns- E-filing/Easy-File
• TAX STATUS – Tax Clearance Certificates
• PAYE - Personal Tax Deductions
• UIF - Unemployment Insurance Fund
• IRP6 - Provisional Tax every 6 months

EMP201 – Monthly submissions of all personal taxes deducted from employees (to be paid over to SARS.)

VAT201 – Value Added Tax if registered / declared

EMP501 – the summary of every 6 months of Pay As You Earn (PAYE) paid over by Employers and the generation of the IRP5 (Tax Certificates) for each employee

Basically LC Accounting will represent and handle all client’s needs in respect of disputes with SARS (Audits and Objections).

VAT, PAYE, Etc.

At LC Accounting, we help our clients stay fully compliant with their monthly and annual statutory obligations. We manage submissions and reporting to SARS, the Department of Labour, the Compensation Fund (Workmen's Compensation), bargaining councils, and other regulatory bodies, ensuring deadlines are met and your business remains in good standing. Maintaining compliance with the Companies and Intellectual Property Commission (CIPC) requires ongoing administrative, statutory, and tax-related support. Our team provides this expertise so you can focus on running your business with confidence, knowing your obligations are professionally managed.

Our company secretarial department will ensure your commitments to The South African Companies and intellectual Property Commission (CIPC) are met.

We will register your company, do amendments when necessary, for example change of directors or members of CC’s, pay your annual returns etc. issue Share certificates, Prepare Minutes of meetings etc.

CIPC Compliance Services:

1. Annual Return Submissions
2. Beneficial Ownership Declarations
3. Company Amendments
4. Maintaining Company Records
5. Compliance Monitoring

SARS Compliance Services:

Although separate from CIPC, these are usually included in a full compliance service:

1. Income Tax compliance
2. VAT submissions
3. PAYE/UIF submissions
4. Provisional Tax
5. Tax clearance assistance
6. eFiling maintenance.

Department of Labour / Compensation Fund:

1. UIF registration and submissions
2. COIDA registration and annual returns
3. Letter of Good Standing assistance

Accounting & Financial Compliance:

1. Monthly bookkeeping
2. Financial statements
3. Management accounts
4. Payroll processing
5. Record keeping

Additional Corporate Services:

1. Company registrations
2. Tax registrations
3. B-BBEE assistance