What we do
All customer invoices and receipts are captured and correctly allocated, and customer accounts are reconciled (Debtors Control)
All supplier invoices and payments are captured and correctly allocated, and supplier accounts are reconciled (Creditors Control)
– Maintenance and reconciliation of the general ledger
Maintenance and reconciliation
Maintenance and reconciliation of the general ledger
- Processing of general journals (Depreciation, accruals, payroll journals etc)
- Bank and Credit Card Reconciliations
- Month End Checks and balances
- Preparation of Financial Statements and interpretation thereof
- Preparation of Cash Flow Statements
- Budgets/ Forecasts and budget control
- Preparation of Management Reports
- VAT calculation, reconciliation and submission
Personal Tax Returns
We assist you with your ITR12 Returns
Company Tax Returns
We assist you with your ITR14 Returns
Provisional Tax Returns
We assist you with your IRP6 Returns
- VAT Registration
- Vat computations, reconciliation and submission
- Tax Clearance
- SARS audit support
- SARS disputes and objections
- Tax directives form SARS
We capture new employee details, update and process your payroll for you and deliver payslips at least 5 days before your pay date together with a schedule of all payroll third-party payments that might need to be made.
PAYE, UIF and SDL returns and submissions
As required by law, PAYE and UIF deductions have to be made and paid over to SARS. Why not relax and allow us to take this burden off your shoulders. We process, file and remit your SARS returns for PAYE, SDL and UIF. As we do this, we make sure all your taxes are kept up to date and in order to obtain tax clearance certificates for your entity annually.
We also submit UIF returns to the Department of Labour for your organisation. When staff need to claim unemployment benefit, we take them through the process ensuring a smooth claim submission.
SARS reconciliations and submissions
Bi-annually, employers have to submit a reconciliation for payroll taxes collected through the EMP501. Once you make use of our services, we will keep you on track by doing these submissions for you. Annually, we will issue IRP5 certificates to all your employees for them to submit to SARS as well.
Workmen Compensation Fund and NPO compliance as required
The Department of Labour requires all employers to submit returns for Workmen Compensation Fund which we are able to assist with. Once all returns are submitted, we will provide you with a letter of good standing from the Department of Labour. Are you a Non-Profit Organisation? Most donors only donate where there is benefit to them as well. By registering with the NPO you can prove to the donors that you are a registered public benefit organisation therefore the donor gets a tax benefit each time they donate to you. Not yet registered? Do not worry, we will take care of it all.
- Company registration
- Change of Directors
- Company name change
- CIPC returns
- CIDB registrations
- CIDB grades uplifting
Why choose Vadolux?
See why our ever growing client base is so satisfied withour services
We are registered accountants with both SAIBA and SAIPA
Member number SAIBA5877
Membership number: 56047