More and more businesses are starting to outsource their accounting services to a reliable team of accountants. This not only saves time but money as well, as you don’t have to set up your own accounting team or hire qualified accountants. Outsourcing your accounting needs has become essential for any growing business.
One of the most important aspects of managing your accounting is your day to day bookkeeping requirements. This is why you can benefit from accounting services that can help your small or medium business grow. Daily bookkeeping entries can quickly pile up if you don’t handle it professionally, which is why it is essential to work with a team that knows how to successfully manage your entire list of accounts.
Tax Clearance Certificates
A great part of obtaining professional accounting services for your business is that you can get a tax clearance certificate when needed. These documents provide confirmation in writing from SARS that your tax affairs are in order. In many cases these certificates are required in order for a business contract or tender to be awarded to a company. As an individual you might need to provide a tax clearance certificate before you can go overseas or work for government institutions or embassies.
Since tax clearance certificates have become so important for the South African economy, it is always a good idea to familiarize yourself with the guidelines and requirements in order to obtain your certificate. If you need to comply with a few aspects before you are approved, you will be helped along the way and they will ensure that you get compliant to obtain your certificate from SARS. Having a tax clearance certificate is essential for businesses that want to obtain contracts or tenders.
Colin Smith & Co specializes in accounting services, as well as taxation, auditing and business advisory services across a wide range of markets and sectors for businesses both large and small.