PRSM

SHIFT THE ANGLE

PRSM brings clarity, insight & focus into Business & Tax Management

…experts in empowering our clients to shift the angle in the often murky, unclear & chaotic areas of Income Tax, Accounting & Payroll.

Go beyond mere compliance, into effective Personalised Regulatory Strategy Management.

  • Certified General Tax Practitioner (SA)

  • Accredited QuickBooks Online software partners,

  • Certified Payroll practitioners

Designing & implementing; training & advising SMMEs. Compliance; Optimisation & Strategy.

7 focus areas 

  • Strategic Tax Planning: applying tax law expertise to maximise savings and minimise risk.

    Tax Management: setting up systems for tracking and reporting, managing returns, submissions and payments.

    Tax Dispute processes and representation: expertly navigating the legal processes with SARS, protecting our clients’ interests

  • Compliance:

    PRSM Corporate Taxation Services offers complete solutions for managing corporate tax rules. Our skilled team works with businesses to ensure compliance, reduce tax liabilities, and create effective tax strategies. We provide customized solutions to match your needs while keeping up with ongoing changes in the law.

  • Item

    Our Tax Advice and Strategy Services offer expert help for individuals and businesses to understand and apply tax rules.

    Our skilled team keeps up with current tax changes. Whether you need help with tax planning, filing, or disputes, we provide the information and support you need to make informed choices.

    Diminish tax wastage and claw back deductions and tax savings.

    Some specific expert areas:

    • Non-resident taxation

    • Foreign employment and working abroad

    • Investment & Crypto

    • Medical deductions and Disability (DD) claims

    • Donations tax and Estate planning

    • Small Business Corporation, and Turnover (Micro business) Taxation

    • Provisional tax

    • Independent Contractor vs Employee rules

  • Accounting management solutions - optimising workflow and financial management; key & timely customised reporting - empowering business decisions & strategy.

    Optimising financial processes using Quickbooks Online. Offering set-up, migration, training and system design to ensure a seamless, efficient transition and ongoing business management.

    We are an authorised Quickbooks Partners providing subscriptions, setup and training.

    Learn More

  • Setup and Management: effective salary structuring.

    Payroll Management System: design and implementation of customised payroll and HR system - taking care of your business’ payroll needs.

  • Compulsory and voluntary VAT system registration and implementation.

    Simple, ongoing tracking and compliance system.

    VAT internal quality-audits.

  • Choosing the right “vehicle” to conduct businesses through is important and has far-reaching consequences; it has to be the right fit.

    • Pty Ltd (normal Company registered in SA with CIPC)

    • NPC (non-profit company)

    • CC (now gone the way of the dinosaurs)

    • Sole Prop (that’s you trading personally, in your own name)

    • Partnership (you and a friend or 2)

    Further registration options for Organisations, as:

    • PBO (Public Benefit Organisation - meaning tax exemption with SARS)

    • NPO (Non-Profit Organisation - registered with the Department of Social Development)

    • SBC (Small Business Corporation)

    • Micro-business (Turnover Tax)

    Beneficial Ownership is a vital concept for any business or organisation, and it has just gotten a massive spotlight on it by the government. It is crucial to bring crystal clarity to this subject and have it recorded in a register. For any shareholding there are important documents necessary too.

“Shifting the angle, to bring clarity, insight & focus.

Built on an uncompromising ethical standard, PRSM will bring meaningful order where it matters most.”