Company Tax (CIT)

Minimize Liability, Maximize Compliance.

Corporate Income Tax (CIT) is a critical pillar of your business's financial health. We provide expert preparation and submission services to ensure you meet all legal requirements while utilizing available tax incentives. For owner-managed businesses, the corporate tax return (ITR14) is the final piece of the financial puzzle. It must accurately reflect the performance of the company while being optimized to protect shareholder value. We bridge the gap between your annual financial statements and the technical requirements of the Income Tax Act.

One of the most valuable services we provide is identifying eligibility for Small Business Corporation (SBC) tax incentives. Many eligible companies miss out on these reduced tax rates and accelerated depreciation allowances simply because their financials aren't structured to demonstrate compliance with the SBC requirements. We review your shareholding and income types to ensure you are benefiting from every legal incentive available to you. Additionally, we manage the complexities of deferred tax and tax losses, ensuring your balance sheet accurately reflects your future tax obligations or assets.

Provisional tax for companies is another area where precision is paramount. We assist you in making accurate first and second period estimates to avoid under-estimation penalties. We also provide support for the third 'top-up' payment to minimize interest costs. Our goal is to create a predictable tax environment for your business, where there are no surprises at year-end. By providing clear, technical advice on deductibility and tax planning, we ensure that your company remains a lean, compliant, and efficient vehicle for your entrepreneurial ambitions.

• Annual Income Tax Return (ITR14) preparation.
• Half-yearly Provisional Tax returns (IRP6).
• Calculation of taxable income and deferred tax.
• SARS correspondence and audit assistance.