Taxrek Professional Services
National
(7)
National
(7)
At the heart of our service is helping you build and grow a successful business and lifestyle that you love.
As caring human beings, this is what we should do, and as skilled professionals it’s what we can do.
Our services are built around making lots of simple little changes, each of which can make a small (and sometimes not so small) difference.
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7 customer reviews
Hannelie Van Lingen
Professional and efficient service
Brett Kay-Hards
Taxrek are a technically advanced, professional and precise accounting service, tax practioner and payroll administrator.
LF BEZUIDENHOUT
*****
Always helpful with problems that occurse relating tax and vat.
Coenie Brink
Proactive and professional accounting services you can rely on.
Marcus Smith
As the company name says, Taxrek Professional Services is always Professional. I always appreciate and grateful for Hannelie's tax assistance
Jan van Zyl
Fast and professional service😁
Wilhelm
Very helpful and friendly 24/7.
Taxrek has assisted me with my new company and the buying of our new house what we very thankful for.
Keep up the good work
What kind of accounting services do you provide?
We make use of Xero or Quickbooks Online for bookkeeping and SimplePay for payrolls to assist our clients with the accounting services needs. These products assist us to help client on the various aspects of the accounting and tax compliant needs. For clients that already uses SAGE products, and want to continue doing so, we use SAGE Online Accounting & Payroll.
Monthly accounting client with us will be assisted with the following accounting services:
1. MONTHLY ACCOUNTING PROCESSING:
Processing of financial information (invoice, bank statements, petty cash, etc) on Xero or Quickbooks Online
Completion of the VAT return on a bi-monthly basis (VAT201)
Management accounts as and when needed for review and finance purposes.
2. PAYROLL ADMINISTRATION:
Weekly or fortnightly wages and monthly salaries on SimplePay.
Providing the client with a pay list for the amounts payable to all employees for the week, fortnight or month.
Submitting movement of employees to the UIF office
Completion of the PAYE return on a monthly basis (EMP201)
IRP reconciliation every six months for the periods ending August and February.
3. INCOME TAX AND FINANCIAL STATEMENTS:
We submit the provisional tax returns for the company and directors every six months for the periods ending August and February.
Compile Annual Financial statements at year end for the company and its directors.
Submission of the income tax returns for the company and directors.
We see the need increase for up to date monthly management reports every day.
Two of the most popular reasons are the following:
1. Directors need up to date figures to make decisions in a fast changing economy and business evironment. Accounts receivable, Accounts payable, bank balance and inventory is all important figures to have available.
2. Most finance application need up to date management accounts.
The fact that technology can decrease the amount of "grunt work" required by an accountant seems to be ignored by most in the accounting industry who seem fearful of adopting any changes that may lead to a decrease in their sacred cow - Billable Hours. This is often in direct opposition with the needs of the customers.
With many questions asked whether any value is added by an accountant in an SME environment, and because we promised value added services we decided to follow and improve what many in the international accounting industry believe to be the future of accounting for SME's and began offering our customers packages designed to ensure a Value for Money Solution.....One Amount. Agreed Upfront. Payable monthly.It's how we work to give you more value.
For a fixed monthly fee, we will take care of all your accounting, payroll and tax work that you can’t or don’t want to do. The arrangement is structured to suit each specific client, but the objective is always the same – to relieve you of as much of the accounting function as is operationally possible and to provide up to date management accounts. You have an entire team of professionals at your disposal at a fraction of the cost. Not only are you doing less, but in most cases, it will also cost you less.
Why is it so important for businesses to hire a great accountant?
Reasons why you should have a good accountant & tax practitioner:
Having good systems in place in any business is vital;
Furthermore everybody must comply with statutory laws in the country;
Taxes are a way of life, but having a good accountant or tax practitioner can help you make good tax planning decisions;
Capital is needed to operate a successful business.
* You cannot raise capital by not having your accounting records up to standard.
* It is a trend for business owners to outsource all non income generating functions to outside parties.
* More complicated accounting, income tax and labour laws have made outsourcing the preferred choice for many business owners.
* The customer has access to trained professionals at a fraction of the cost of employing people with the same education and experience.
What do you love most about your job?
Not all businesses are the same, in fact businesses differ like personalities differ.
I love the challenge and the satisfaction to work with all different kinds of businesses and personalities, and the challenge every time we take on a new client, to sit with them, working out what their needs are, what their dreams are, what their fears are, and to help them to get a working solution that is custom build for their business, and to see them succeed in the end.
I love meeting new people, I love to see how people think, to see how they do things.
What inspired you to start your own business?
Well for starters, I believe it is my calling. I am exactly where I should be because this is where God wants me to be.
I started my first business when I was twenty six years old, at that stage I had two young boys in primary school, and it was wonderful to have flexible time available to be able to attend to their needs, and to be able to go to sport days, attend concerts, tour with them etc.
Now that my kids are all grown up, I love the freedom I have to plan my days. By doing so, I can make more time for more important things in life, I make time to be still, to listen and to reflect. I make time to enjoy the smaller things in life.
Why should our clients choose you?
We pride ourselves on the quality of our work. You'll feel respected in your conversations with our professional team. We'll stay in touch with you following our in-person meetings, ensuring your business remains on the right path.
While we offer a broad range of services, you can still expect to receive expert opinions from our team on every facet of your business. Our qualified personnel will leave you feeling satisfied and ready to excel in your business field.
Our team is filled with current and former professionals in every part of your business, including sales, marketing, accounting, corporate strategy and more. Each professional team member holds many years of formalized education and experience in their respective field.
Our Quality Initiative:
You can trust that your business and personal matters will be handled with professionalism, integrity, and the utmost discretion.
The end result will be accurate, on time, and get you great results.
Our mission is:
To serve our clients with professionalism and pride. We are dedicated to provide a personalised and dedicated service to organisations across all industries.
To offer the best products and services to our customers.
To always exceed customer expectations resulting in satisfied and happy customers.
Our commitment is:
To offer nothing but the very best is reflected in our vision and mission statements. We exist because of our customer and we are very grateful to our customers who have made us what we are today. We now strive to take our organization to the next level so that we can serve our customers even better and continue to deliver value for money services.
Our vision is:
T serve a wide spectrum of the small and medium business industry. Helping them to succeed. We want to be highly professional, most reliable and immensely respected in our different fields of expertise. We follow a path of uncompromising integrity and honesty.
Accounting Services & Business & Financial Consulting
We offer a broad range of monthly or project accounting services so that you can focus on what you do best – leading and growing your business. We can help you transform into a high-performance company that streamlines processes, maintains compliance and cuts costs.
Bookkeeping Transaction Processing (Bank statements, invoices etc.)
VAT Compliance
Management Reporting
Annual Financial Statements
EME - BEE Certificates
Budgets
Business Concept Analysis
Business Financing
Business Planning
Cash Flow Statement & Planning
Payroll Services
We provide a cost effective and efficient payroll administrative services for businesses that do not have a payroll infrastructure. We have solution to meet all our clients' needs no matter their location or how simple or complex their payroll needs are.
Capture data - hourly, weekly, monthly
Distribute payslips
PAYE compliance
UIF declarations
Workman's Compensation
EMP501 Reconciliations
IRP5's
Tax Services
Taxation is a specialised area of expertise that with intelligent planning, can result in beneficial outcomes for both Individual and Commercial clients. We take the hassle out of tracking submission deadlines, calculating taxes and submitting tax requirements so that you can focus on your core operations. We ensure that we have provided clients with appropriate tax planning prior to the submission of taxes which ensures that our client is able to realise optimal tax benefits.
Company Registrations, Changes & Annual Returns
Starting anything new can be challenging, but with the right preparation & planning there is more chance of success, after all…
“People don’t plan to fail, they fail to plan!”
Having assisted hundreds of new business owners with the setup of their New Companies, we know what companies do wrong when they start and we can help you avoid the same mistakes/and or improve your current tax, accounting, payroll and bookkeeping systems.
What is the first mistake made by most startups?
Answer: “Failure to implement accurate record keeping systems and ignoring tax compliance. Many think that it can wait until the business is profitable!”
However it cannot wait, and we can assist you in getting set up correctly with your tax, accounting, payroll and bookkeeping obligations, including:
Tax Registrations: Registering your Business for Tax, VAT, PAYE, UIF, COID/Workmen’s Compensation
Bookkeeping Systems: Setting up your Invoicing and Financial Controls
Tax Obligations: Planning your tax commitments in advance
Business Development: Providing bench marks to measure your progress.
Do you need to Register a Company? We can do your Company Registration with the CIPC and the Dti of South Africa. This entire process is quick, easy and online.
We promise fast and effective online service.
VALUE FOR MONEY SOLUTIONS
The fact that technology can decrease the amount of "grunt work" required by an accountant seems to be ignored by most in the accounting industry who seem fearful of adopting any changes that may lead to a decrease in their sacred cow - Billable Hours. This is often in direct opposition with the needs of the customers.
With many questions asked whether any value is added by an accountant in an SME environment, and because we promised value added services we decided to follow and improve what many in the international accounting industry believe to be the future of accounting for SME's and began offering our customers packages designed to ensure a Value for Money Solution.....One Amount. Agreed Upfront. Payable monthly.It's how we work to give you more value.
For a fixed monthly fee, we will take care of all your accounting, payroll and tax work that you can’t or don’t want to do. The arrangement is structured to suit each specific client, but the objective is always the same – to relieve you of as much of the accounting function as is operationally possible and to provide up to date management accounts. You have an entire team of professionals at your disposal at a fraction of the cost. Not only are you doing less, but in most cases, it will also cost you less.
