Looking for an Accountant that protects your business from SARS?
Start here
Services
Annual Financial Statements
Present a professional snapshot of your business's yearly performance.
Monthly Bookkeeping
Keep your business finances organized and up-to-date every month.
Income Tax Returns
Stay compliant with SARS while maximizing your tax savings.
VAT Returns
Accurate VAT submissions to ensure you're always in good standing.
EMP 201 & 501 Returns
Hassle-free submission of employee payroll tax and reconciliations.
Monthly Management Accounts
Get clear, actionable insights to make smarter business decisions.
Accounting, Tax & Bookkeeping for Businesses
Pay less taxes, stay tax compliant & avoid unnecessary tax penalties
We Help Your Business To
Pay Less Taxes
We'll make sure you only pay your fair share of taxes and not a penny more. Thanks to our advanced tax planning strategies.
Stay Tax Compliant
All your tax returns are submitted on time, everytime. Say goodbye to SARS chasing you for unsubmitted tax returns.
Avoid Tax Penalties
No more letters of demand from SARS. No more threats of legal action against your business because of unpaid taxes
Pricing
We don't bind you with long-term contracts. You pay month-to-month and you can cancel anytime with NO HASSLES and NO CANCELLATION FEES.
Platinum
R4 999
Per Month
Monthly Bookkeeping
Monthly Management Accounts
(Profit & Loss Statements)
Annual Financial Statements
Income Tax Returns
Provisional Tax Returns
Tax Clearance Certificate
Professional Tax Advice
COID/WCA Returns
Payroll (incl. Payslips, Leave Management)
PAYE/UIF/SDL (EMP 201)
EMP 501
(incl. IRP5 Certificates)
VAT Returns
SARS VAT Audits
Gold
R3 999
Per Month
Monthly Bookkeeping
Monthly Management Accounts
(Profit & Loss Statements)
Annual Financial Statements
Income Tax Returns
Provisional Tax Returns
Tax Clearance Certificate
Professional Tax Advice
COID/WCA Returns
Payroll (incl. Payslips, Leave Management)
PAYE/UIF/SDL (EMP 201)
EMP 501
(incl. IRP5 Certificates)
VAT Returns
SARS VAT Audits
Silver
R2 999
Per Month
Monthly Bookkeeping
Monthly Management Accounts
(Profit & Loss Statements)
Annual Financial Statements
Income Tax Returns
Provisional Tax Returns
Tax Clearance Certificate
Professional Tax Advice
COID/WCA Returns
Payroll (incl. Payslips, Leave Management)
PAYE/UIF/SDL (EMP 201)
EMP 501
(incl. IRP5 Certificates)
VAT Returns
SARS VAT Audits
Vat Submissions Only
R1 500
Per Month
Private Accountant
VAT Return Submissions
Sars Vat Audits
Professional Tax Advice
SARS Account Maintenance
Payroll Only
R350
Per Employee, Per Month
Private Accountant
Payroll (incl. Payslips, Leave Management)
PAYE/UIF/SDL (EMP 201)
EMP 501
(incl. IRP5 Certificates)
Monthly Declarations To The Department of Labour
COID/WCA Returns
Professional Tax Advice
SARS Account Maintenance
Selected Plans Include:
Financial Health Report
Report That Shows The Various Monthly Targets That You've Set For Your Business.
Benefits:
Shows You Targets That You've Achieved, As Well As Those You Still Need To Improve On
Awareness Of Overall Business Health
Valuation Report
Report That Shows The Value/Worth Of Your Business.
Benefits:
Share valuation estimates with banks, investors and credit institutions
Track changes in business valuation over time
Business Funding Pack
Pack Of Reports That Are Specifically Designed To Help Your Business Acquire Funding.
Benefits:
Boosts Your Funding Application When Approaching Banks, Investors and Other Lending Institutions.
Still not sure which plan is the best fit for your business?
Contact us to discuss a tailor-made plan that is guaranteed to be the best fit for your business
Siyabonga Mpanza (BAP) SA
078 088 4480
mpanzasg@theptyguy.com
Click here to schedule a meeting/call
Pay Less Tax, Stay Compliant, Save Time
Accounting & Tax Services
for small to medium sized businesses
Pay Less Tax & Avoid SARS Tax Penalties
with our video mini-course
As a business owner you know that the South African Revenue Services (SARS) are the last people whose bad side you want to be on. We've created a video mini-course that will help you avoid paying more tax than you should for your business and also to avoid unnecessary tax penalties.
Does Your Business Have A Tax Debt With SARS?
If your business has a debt with SARS or The Department of Labour, we can assist. The reality is that SARS has every legal right to, not only to take money from your business through your bank, but also go after your personal assets in order to settle your business tax debts.
Does Your Business Have Employees?
So here's the problem, you're probably not sure which payroll tax returns your business is required to submit. This will lead to your business incurring penalties from SARS and The Department of Labour. If your business has employees then we can help make sure that your business never pays more than it's fair share of payroll taxes, stays tax compliant and avoids penalties from SARS and The Department of Labour.
You have 3 options when choosing an Accountant
Option 1: Hire an accountant as an employee
Problem with this is that it's more costly. Qualified and experienced accountants usually earn market-related salaries in the tune of R30K to R40K per month. Another problem is that you have to manage them. They also take leave, get sick or go on strike like any other employee.
Option 2: Hire a cheap accounting firm
Well in the accounting & tax business, you get what you pay for. Cheap accountants know their worth (or lack of) and that's why they are cheap. The problem with cheap accountants is that, while you might save on price, you end up paying more in taxes and SARS penalties for late submissions and other incompetencies. This is because thy hire inexperienced staff to keep costs down for themselves
Option 3: Hire a premium accounting firm
While this type of accounting firm charges a bit more than the cheap accountants, the quality of work is levels apart. That's because this accounting firm focuses more on hiring qualified & experienced staff. That's our philosophy at The PTY Guy. We hire qualified, experienced and competent staff so that you receive high levels of quality in the work we do for you.
We Are Awesome At Our Work
Over the years we've helped many small business owners to accomplish their business goals. Here are some of our statistics to date.
Financial Statements
New Company Registrations
Business
Plans
Customer Satisfaction
98%
How We Work
We Help Your Business To Pay Less Taxes
Step 1. Strategy Call/Meeting
Here we discuss your businesses accounting and tax needs. We then tailor-make a plan that will help you minimize tax, save time and stay compliant with government regulations
Step 2. Get Paperwork In Order
We're getting excited now because you're about to be part of our family. We then take care of the paperwork i.e Service Level Agreement, Debit Order Mandates etc
Step 3. Onboarding
Awesome...You're now part of The PTY Guy family. We introduce you to your professional and friendly dedicated accountant. We then get you set up on our cloud systems (the nuts and bolts of our operations). Then we get to work
Pay Less Tax
We'll make sure you only pay your fair share of taxes and not a penny more. No more unnecessary late tax penalties.
Stay Compliant Always
Your tax returns are submitted on time, everytime. You won't lose out on a prospective client because of non-compliance. And also no more penalties for non-submission of tax returns
Save Time
You didn't start you business so that you can spend 1/3 of your time capturing invoices and trying to figure out tax laws. We'll help you focus on growing your business and leading your operations team
More Than A Decade Of Experience
We have more than a decade of experience removing accounting and tax headaches from small & medium sized businesses
Predictable Monthly Fees
Our monthly fees are fixed and therefore more predictable. There are no suprises at the end of month
SAIBA, SAIT & SARS Accredited
Our practice is accredited by the Southern African Institute of Business Accountants, as well as the South African Institute of Tax Professionals. We are also registered as SARS Tax Practitioners
Services Explained
Monthly Bookkeeping
This includes recording every financial transaction that occurs in your business ie. rent, salaries, stock purchases etc. Let's be honest, number crunching is a daunting task that needs to be left to the professionals. We take that burden away from you so that you don't ever have to do number crunching but still keep your books up to date.
Monthly Management Accounts
These are monthly financial reports that show you how your business performed during any given month. These reports are very helpful in comparing sales figures, expenses and other data on a month to month basis. They also help with controlling business costs by enabling you to make better decisions on how to make improvements where needed therefore making your business more profitable. These reports are also needed by banks when you're applying for any form of credit/finance.
Annual Financial Statements
These are annual financial reports that show you how your business performed during any given year. These reports are very helpful in comparing sales figures, expenses and other data on a year to year basis. These reports are also needed by banks when you're applying for any form of credit/finance.
Income Tax Returns
These are annual declarations of income and expenses to SARS in order to determine how much tax is due to SARS. It is a legal requirement for all companies to submit their tax returns even if there was no trading activities nor profit made during the financial year.
Provisional Tax Returns
These are similar to Income Tax Returns but these are done bi-annually. They are also a legal requirement by SARS even if there was no trading activities nor profit made during the financial year. They are used to estimate what your tax will be for the entire year and divided by two so that the entire years taxes are paid in two instalments instead of one large lump sum payment.
PAYE/UIF/SDL (EMP 201)
PAYE stands for Pay As You Earn which is basically a tax on your employees salaries which you have to deduct from your employees salary and pay over to SARS. UIF stands for Unemployment Insurance Fund which is basically a form of insurance so that if your employees lose their employment with you for whatever reason, the government can compensate these employees for a period of six months while they look for other employment. They contribute 1% of their salary and the employer contributes the other 1% of the employees salary. All employers are required by law to register for UIF. SDL stands for Skills Development Levy. This is an encouragement by the government for employers to develop their employees skills. This is only applicable once total salaries paid to employees within a 12 month period exceed R500 000.
VAT Returns
After registering for VAT, SARS requires you to submit VAT returns bi-monthly. This is where you declare the VAT you charged customers and also claim the VAT that you paid. If the VAT you charged customers is larger than the VAT you paid to your suppliers then you would have to pay the difference to SARS. If the opposite were the case ie. the VAT you paid to your suppliers was larger than the VAT you charged your customers then SARS would refund you the difference.
COID/WCA Returns
These are returns that are submitted to the Department of Labour, annually. COID stands for Compensation for Occupational Injuries and Diseases. This helps your employees to receive some sort of compensation (from the government) if they were injured or developed and diseases as a result of carrying out their work duties. WCA stands for Workmens Compensation Act, which is just an Act that governs COID. These two terms are used interchangeably. It is a requirement by law for every employer to be registered for COID.
Tax Clearance Certificate
This is a certificate that shows that you are compliant in all your tax affairs. This is required by government departments should you wish to do business with them.
Monthly Employee Payroll
This includes the calculation of employees salaries, preparation of their payslips and leave management on a monthly basis. It is a legal requirement for all employers to provide payslips to all their employees
EMP 501 Returns
These are bi-annual salary reconciliations that are required to be submitted to SARS.
Professional Tax Advice
We are registered and accredited accountants and tax practitioners that have helped thousands of individuals and businesses with their accounting and tax affairs. We will provide professional tax advice on how you can best minimize the amount of tax that you pay. Of course, as always, we'll do this in a legal way by using the tax laws to your advantage.
Meet The Founders
Siyabonga Mpanza (BAP) SA
B.Comm (Accounting), UKZN,
Managing Director
Bongiwe Mpanza
B.Comm (Accounting), UKZN,
Operations Director
James Kolarov
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Kelly Watson
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Mary Oblak
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Clark Alabim
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They are the life blood of the operations here at The PTY Guy
Meet The Rest Of The Team
Frequently Asked Questions
Why should I choose a monthly accountant vs less frequent methods of accounting?
Monthly accounting services provide substantially more value than only an annual service. If an accountant only sees your numbers once a year, it is too late to offer advice that would have helped to make that year more profitable. And definitely too late to lower your tax liability for a year that is already over with. There are five ways monthly accounting pays for itself: 1) It saves you time, 2) You get regular business profitability advice, 3)You have peace of mind that your finances are handled, 4) Your tax liability is reduced, 5) You can make more proactive financial decisions.
What is an outsourced accountanting & tax service?
Outsourced accounting is a service which provides a full, accounting department experience for small businesses. An accounting department handles the day-to-day transaction coding, accounts payable, accounts receivable, payroll, management financial reporting and many other services.
Outsourced accounting providers have a full compliment of accounting professionals allowing them to offer a small team of accountants at a lower cost to hiring.
Why should I separate my business & personal finances?
Mixing business and personal finances is a major problem for small-business owners. Not only does it create headaches at tax time, it also makes it difficult to track the profitability of your company. Worse-case scenario: you get audited by SARS and end up with major fines. Keeping these two parts of your money life separate is essential to preserve your sanity and to ensure you have a sustainable business model.
How does better accounting improve my bottom line?
Many small- and mid-size businesses fail to adequately measure and manage their finances, even though poor financial management is a major cause of business failure. If you don’t have good financial practices in place, your business could suffer in a number of ways, including lost revenue, insufficient tax planning, and missed financial opportunities. A great monthly accounting service will handle your profit and loss statements, monthly balance sheets, and regular account reconciliation to help you take back control of your finances without much effort on your part.
Our Branches
Sandton Branch
Atrium on 5th, 9th Floor, 5th Street, Sandton, Johannesburg, 2196
Operating Hours:
Mon-Fri, 08h00 to 16h30
clientcare@theptyguy.com
011 082 9869
Pietermaritzburg Branch
201 Peter Kerchoff Street, Dube House, Pietermaritzburg, KZN, 3201
Operating Hours:
Mon-Fri, 08h00 to 16h30
clientcare@theptyguy.com
033 342 0539