The PTY Guy - Business Accountants
Atrium On 5th, Maude Street, Sandown, Sandton, South Africa
(26)
Atrium On 5th, Maude Street, Sandown, Sandton, South Africa
(26)
We help businesses to pay less taxes, stay tax compliant and avoid unnecessary tax penalties from SARS and The Department of Labour.
When it comes to choosing an Accountant for your business, you have three options:
1. Hire an accountant as an employee.
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26 customer reviews
Gail Fry
Accounting
Oustanding preliminary service. Prompt responses, well organised, extremely professional and pleasant to deal with. We have outsourced our daily finance activities to them and so far I'm very impressed!
Vuyelwa Mkhize
Very professional, efficient and knowledgeable.
Nonhlanhla Ndlovu
I have been to The Pty Guy more than once and the service was good, the lady who was helping me was kind .
Madonda
The service was good. Happy client
Sunnybrook Duncan Mbele
The service was great, I'm happy client
Innocent Marecha
Good services, happy client. Very happy
Denise Taylor
Very happy with service.excellent and efficient.couldnt have asked for better.
Zweli Makhathini
I had great service with helpful information and the consultant was friendly and welcoming and well mannered
Mark Faku
These guys are switched on, ready to go and always on the ball. Their turn around times are impressive. They highly knowledgeable and innovative. It's an absolute pleasure working with them. Oh before I forget, these guys are also professionals. I give them 9.9/10. More...
Lola
The Pty guy has been rendering accounting services my business since 2014, they are professional, reliable and prompt in their services. They are highly recommended to anyone who needs their services. More...
Smiley kids Lambton
Siya is very professional,goes the extra mile for his clients and he delivers on time.Working with him gives one peace of mind.
Darian Payn HR manager
Working with the PTY guy has been a great pleasure. They attend to queries and request as soon as possible in a professional manner.
Sinqobile Nkabinde
Great service and wonderful staff
Nontobeko Mzobe
Amazing, make numbers language simple & understandable.
Kineta
The Pty Guy offers professional service at it's best. Always able and willing to assist every problem or query .They are able to display professionalism whilst still maintaining an ongoing caring relationship with their clients and the needs of their clients. The staff are friendly ever willing to assist. More...
B. Sewpersadh
I have known the business for three years. Always punctual with our compilation of thorough financial records and advice on making sure we are compliant. They Negotiated with SARS and eradicated a huge backlog of submissions for us and ensured we are compliant even with the Department of Labour. Very friendly and professional staff in the offices make certain that we make submissions timeously. More...
Sphume Nkabinde
It’s been a great pleasure working with the PTY Guy over the years.The company is very efficient and always deliver on time.
Qondi Boyce
I have been working with this company since 2016, when i started my busness. They have been a verry professional and relaible company.
They do my SARs, cipc, bccc1, my labour returns. Without them my company Lulunkcu trading is non operation.
Regards
Qondi Boyce
More...
Melusi
Working with The Pty Guy has been an amazing experience, their service is excellent always available to assist. For me by far the best experience I've had. They deliver on their promise.
Malusi Mbatha
It is great working with The PTY Guy company. They are very professional and always deliver on time.
Harry
Excellent service provided by you guys thank you so much, we are very grateful to do business with you.
Dr Oladayo Ojo
It was a pleasure working with them. Their level of respect and their professionalism was pleasing.
Neema
Best company to do business with always outstanding with their service
Neema
The PTY Guy services are excellent I will recommend them to anyone 🙏
Kemi Ojo
The PTY guys are efficient and prompt to do their task. I will recommend them to anyone I know
Nosithembiso
The PTY guy is the best accountant in KZN,when you have company and need accountant I always recommend this company,and they are affordable.
What kind of accounting services do you provide?
Monthly Bookkeeping
Monthly Management Accounts
Annual Financial Statements
Income Tax Returns
Provisional Tax Returns
PAYE/UIF/SDL (EMP 201)
COID/WCA Returns
Monthly Employee Payroll
VAT Returns
Tax Clearance Certificate
EMP 501 Returns
Why is it so important for businesses to hire a great accountant?
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.
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.
What do you love most about your job?
It's when we help a client to save thousands of rands in taxes and penalties.
What inspired you to start your own business?
I wanted to be an instrument for creating employment opportunities to unemployed, but qualified, youth. All our employees are below the age of 30. They are qualified, very energetic and bring fresh ideas to the company.
Why should our clients choose you?
Unlike the cheaper and less experienced accounting firms, we offer a premium service to all our clients. The proof is in the pudding. Our customer reviews speak for themselves.
Our philosophy at The PTY Guy is different from other companies. Other accounting firms are simply compliance officers. They just submit your tax returns and only do your financial statements once a year. We are different. Yes, we do take care of your compliance, but we go a step further. We analyze your business performance every month (not just once a year) and we give professional advice on areas of improvement.
Can you provide your services online or remotely? If so, please add details.
Yes we're able to provide services remotely. All our systems are online and cloud based. This allows us to assist clients from anywhere in the country.
We also do accept walk-in clients who prefer to meet us face to face. Our door is always open.
What changes have you made to keep your customers safe from Covid-19?
We have sanitizers on all consulting desks at our offices.
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.
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.
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.
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.
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.
PAYE/UIF/SDL (EMP 201)
PAYE is basically a tax on your employees salaries which you have to deduct from your employees salary and pay over to SARS. UIF 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. All employers are required by law to register for UIF.
COID/WCA Returns
These are returns that are submitted to the Department of Labour, annually. 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. These two terms are used interchangeably. It is a requirement by law for every employer to be registered for COID.
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
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.
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.
EMP 501 Returns
These are bi-annual salary reconciliations that are required to be submitted to SARS.
