Corporate Tax

Bean Accounting can assist in completing and submitting the following returns directly to SARS on your behalf to ensure you as an individual as well as your company remain tax compliant avoiding penalties and further legal battles.

IRP6
COMPANY

R 250.00 - R 1000.00

Company IRP6 Compilation and Return Submission

(Per Return Submitted)

First Provisional Tax Return (due 6 months after the financial year commences);

Second Provisional Tax Return (due by the end of the financial years 12 month period);

ITR14 - MICRO-BUSINESS

R 1399.00

For Companies with an annual turnover of 1 million Rand and Registered with CIPC

(Per Return Submitted)

The ITR14 Return (due 12 months after year end);

ITR14 - SMALL COMPANY

R 1999.00

For Companies with an annual turnover up to 10  million and Registered with CIPC

(Per Return Submitted)

The ITR14 Return (due 12 months after year end);

ITR14 - DORMANT COMPANY

R 830.00

For Companies that did not trade during the Year of Assessment and are Registered with CIPC

(Per Return Submitted)

The ITR14 Return (due 12 months after year end);

EMP201

EMP201 Compilation and Submission

EMP201’s are to be submitted to SARS on a monthly basis before the 7th of the new month (provided the 7th falls on a business day)

EMP501

EMP501 Compilation and Submission

The ITR14 Return (due 12 months after year end);

TAX CLEARANCE CERTIFICATE

R 585.00

SARS Tax Clearance Certification
(Per Certificate)

Tax Compliance Status (TCS) required for: Good standing, Tenders, FIA (Foreign Investment Allowance) (individuals only), Emigration

DIVIDENDS
TAX

Withholding Tax

Withheld and paid to SARS by the company paying
the dividend at a Rate of 20%

Individual Tax

ITR12 - BASE

R 245.00

Basic Salary
No Medical Aid, Retirement Annuity, Allowances or Other Income 

IRP5 Deductions
Salary / IRP5 / IT3a / Pension Salaried Income
Non-Taxable Amounts
Unemployed Periods

ITR12 - MED

R 330.00

Salary together with Medical Aid, Retirement Annuity Funds, Allowances, Donations & Capital Gains

Salary / IRP5 / IT3a 
IRP5 Deductions
Travel Allowance & Employer Provided Vehicles
Medical Aid Contributions / Credits
Retirement Annuity Fund Contributions / Pension Fund Income
Capital Gains/Losses
Balance Sheet – Assets & Liabilities
Interest & Investments IT3b
Non-Taxable
Other Income Amounts
Tax Free Savings
Unemployed Periods
Trust Income (Beneficiary)
S18A / Non-S18A Donations

ITR12 - FULL

R 510.00

Comprehensive Tax Return encompassing commission, sole proprietors, independent contractors, rental and foreign income earners.

Self Employed/Independent Contractor/Freelancer / Rental Income / Partnerships / IRP5 / IT3a 
IRP5 Deductions
Travel Allowance & Employer Provided Vehicles
Medical Aid Contributions / Credits
Retirement Annuity Fund Contributions / Pension Fund Income
Capital Gains/Losses
Balance Sheet – Assets & Liabilities
Foreign Employment and Taxes Paid
Commission
Interest & Investments IT3b
Non-Taxable
Other Income Amounts

IRP6 - INDIVIDUAL

R 230.00

Provisional Tax

This return needs to be submitted B-Annually
(Twice per Year)

TRUST TAXATION

Taxation of Trusts

Trusts (excluding Special Trusts) are currently taxed at a rate of 45%