Pricing

Benson & Son Financial Services Fee Guideline

  TS = Time Spent 
1. CLOSE CORPORATIONSAMOUNT
 1.1. Formation 
CoR 9 add stamps400.00
  Members’ certificates – each60.00
  Members register – per member120.00
PUBLIC Advise Receiver of
Revenue of appointment of the public officer and
 
OFFICER registered address300.00
CK21.2Amendment of founding statement
CK2
360.00
CK2A New Accounting Officer
appointment
480.00
CK1&41.3Conversion of a company to a
close corporation (CK1, 4)
2 100.00
CK31.4Restoration of close corporation
(CK3)
 
 1.5Use of office as registered
address – per annum
360.00
 1.6Storage of stationery, books and
records- per annum
240.00
 1.7Letter of consent by accounting
officer, if not included in 1.1. or 1.2. above.
360.00
 1.8Deregistration1 500.00
    
2. TRUSTS AMOUNT
    
 2.1Formation 
  Preparation and lodgement of
Trust Deed
 
  Trust register 
 2.2Amendment 
  Accounting officer360.00
  Resignation of trustee360.00
  Other amendments 
 2.3Use of office as registered
address – per annum
360.00
 2.4Storage of stationery, books and
records – per annum
240.00
 2.5Letter of consent by accounting
officer, if not included in 2.1. above
360.00
    
3. TAXATION AMOUNT
  Completion of returns and forms 
    
IT 3 Return of general information240.00
IT 3 (a) Return of payments for work and
services in respect of
 
  which employees’ tax has not
been deducted (per form)
240.00
IT 3 (b) Return of income from
investments, property, rights and royalties
240.00
IT 3 (c) Return of purchases /sales/
shipments of livestock / produce /
 
  timber / ores / minerals/
precious stones or bonuses paid /
 
  accrued to members of
co-operative companies or societies
240.00
IT 4 Return by person tendering
payment of income tax deducted at
 
  source from royalties or similar
payments
 
IT 4 (a) Income tax on royalties – record
of payments
 
IT 12 Personal Tax Return – IRP5500.00
IT 12 Personal Tax Return – IRP5 –
Travel – Medical Aid – R/A
800.00
IT 12 Personal Tax Return – SELF
EMPLOYED PERSON
 
IT 14 Return by a public officer of a
Company
 
  Dormant Company300.00
  Active Company1 200.00
IT 16 Return by the agent of an owner
of a ship or aircraft
 
IT 17 Return by person making payment
of non-resident tax on interest
 
IT 19 Return of dividends –
non-resident shareholders tax
540.00
IT 24 Application for relief from SA
tax in terms of reciprocal
 
  agreement with UK 
IT 25 Application for relief from SA
tax in terms of reciprocal
 
  agreement with Switzerland 
IT 26 Application for relief from SA
tax in terms of reciprocal
 
  agreement with the Netherlands 
IT 27 Application for relief from SA
tax in terms of reciprocal
 
  agreement with the Federal
Republic of Germany
 
IT 34 Verification of an assessment240.00
IT 94 Verification of a statement of
account
 
IT 144 Donations tax – declaration by
donor
360.00
IT 153 Application for a duplicate
refund cheque
360.00
IRP 101 Registration as employer – PAYE420.00
IRP1(a) Change of registered particulars
of employer
240.00
IRP1(b) Registration of branches and of
employers in other areas (per branch)
240.00
IRPI(c) Registration – defuncting of
employer.
240.00
IRP1(d) Registration of employer –
preliminary enquiry
240.00
IRP3(a) Request for a tax deduction
directive
600.00
IRP4 Employee’s tax remittance
return.
240.00
IRP5 Employee’s tax certificate –
EACH
240.00
IRP5(a) Duplicate employee’s tax
certificate – EACH
120.00
IRP5(b) Reconciliation of tax deductions
made and stock of
 
  certificate on hand600.00
IRP6(c) Nil return (such as in case of a
dormant company or
 
  where no taxable income
calculation is required)
120.00
IRP6(c) Return for payment of
provisional tax (where calculated)
180.00
IRP6(i) Provisional tax – individual /
CC / Company
300.00
IRP6(ii) Provisional tax – individual 3rd
payment
300.00
IRP7(m) Demand for payment of
provisional tax
IRP30(a) Application for exemption as
labour broker
960.00
IRP56 Return for payment of secondary
tax on companies
300.00
    
Other Items AMOUNT
    
  Application for extension of
time
60.00
  Application for deferred
payments
180.00
  Change in appointment of public
officer
180.00
  Registration of an individual
taxpayer
180.00
  Registration of a provisional
taxpayer
180.00
  Attend to objections and appeal 
  Attending to minor tax queries120.00
    
Value Added Tax Act –
completion and return of forms
AMOUNT
    
VAT 101 Registration for VAT purposes
(All the relevant documents)
840.00
VAT 101 DRegistration for diesel refund660.00
VAT 102 Registration of additional
branches and enterprises
480.00
VAT 117 Application for change in
accounting basis
480.00
VAT 123 Application for cancellation of
registration
 
VAT 123 TApplication for cancellation of
separately registered branches
360.00
VAT 201 Prepare & Submit return120.00
VAT 216 Return i.r.o. sale of goods
towards settlement of a debt
 
VAT 224 Application for duplicate refund
cheque
 
VAT 225 Affidavit for application for
refund
 
VAT 249 Declaration by the transferor of
property
 
VAT 251 Export incentive scheme
zero-rating/refund
 
VAT 252 Export incentive scheme
applicable to BLNS countries
 
VAT 255 VAT refund control sheet for
non-residents
 
VAT 256 Export incentive scheme
applicable to countries other than
 
  TBVC states and BLNS countries 
    
  Benson & Son Financial
Services Fee Guideline
AMOUNT
    
4. SECRETARIAL WORK 
    
4.1.Companies  
    
4.1.1Initial work in
connection with the formation of a company,
 
 including initial
secretarial work, name registration and the
 
 appointment of
auditors (includes CM1, 2, 3, 4, 5, 22, 44, 46 and 47)
5 400.00
4.1.2Initial secretarial
work in connection with the formation of a
 
 company, where the
company has already been formed.
 
  Inaugural minutes360.00
  Share certificates – EACH60.00
  Transfer deeds – EACH120.00
  Advise Receiver of
Revenue of appointment of public officer, and the
 
  registered address300.00
  Writing up of company register540.00
  C M 27 – each180.00
  CM 29 (1 – 4 directors)480.00
  CM 15 allotment540.00
4.1.3Registration of
defensive name
 
  First time (CM 5, 8 and proof
required)
1 080.00
  Annual renewal (CM 8A and proof)480.00
4.1.4Appointment of
resignation of director, secretary or officer
 
  (CM 27 or letter of resignation,
CM 29,writing up of register)
 
  (Combined Fee) 
  Resolution (1 – 4 directors)180.00
  CM 29 (1 – 4 directors)540.00
  Letter of resignation – each180.00
  Writing up of register – per
director
120.00
4.1.5Change of name of a
company (CM5, 9, 25, 26 ) notice to shareholders,
 minutes, advice2 100.00
  (Receiver of Revenue and update
records and statutory register)
 
  (combined fee) 
4.1.6Change of financial
year end (CM 32, resolution, letter to Receiver of
 
  Revenue and update register)
(Combined Fee)
900.00
4.1.7Change of public
officer (resolution, letter to Receiver of Revenue and
 
  updating records)480.00
4.1.8Change of registered
office (CM 22, resolution, update register, notify
 
  Receiver of Revenue)480.00
4.1.9Changes to memorandum
and articles (CM 25, 26)
1 500.00
4.1.10Opening new banking
accounts (based on 4 signatories),
 
  (photocopies of memorandum and
articles, certificate of
 
  incorporation, certificate to
commence business, signed by a
 
  Commissioner of Oaths)1 200.00
4.1.11Change in banking
account signatories (based on 4 signatories),
 
  (bank form, directors and
signatories, resolutions X2, update register)
720.00
4.1.12Transfer of shares
(resolution, transfer form, new certificates, write up
 
  register) per transfer480.00
4.1.13Allotment of shares
(based on 5 shareholders, certificates, minutes,
 
  checking articles, updating
register)
1 260.00
4.1.14Increase in authorised
share capital
 
  (CM 11, 25, 26, notice
to shareholders, minutes of meeting, checking
 
  articles and register, updating
register)
1 380.00
4.1.15Certified copies of
memorandum and articles, certificate of incorporation,
 
 certificate to
commence business.
180.00
4.1.16Reduction of share
capital (CM 1 3, 14, 25, 26)
 
4.1.17Take over statutory
books of a company
 
4.1.18Registration of an
external company
 
4.1.19Extensions (CM 17)
(various)
 
4.1.20Restoration of a
company to the register
 
4.1.21Preparation of other
minutes and notices (per matter dealt with)
240.00
4.1.22Use of office as
registered address – PA
360.00
4.1.23Acting as company
secretaries – PA
600.00
4.1.24Storage of stationery,
books and records – PA
240.00
4.1.25Notice of
Extraordinary Meeting for Special Resolutions
300.00
4.1.26Annual General Meeting
(notice, minutes, directors resolution, letter
 
  of representation x2)720.00
4.1.27Conversion of the
status of a private company to a public company
 
 and vice versa 
4.1.28Deregistration2 400.00
Completion of
Individual Forms – Companies Act
 
    
CM 5 Reservation of name or a
translated form or a shortened form or a
 
  defensive name360.00
CM 6 Extension of the period of the
reservation of a name or a shortened
 
  form or a defensive name240.00
CM 7 Registration of a translated or
a shortened form of a name
300.00
CM 8 Registration of a defensive name360.00
CM 8A Renewal of the registration of a
defensive name
360.00
CM 9 Certificate of change of name360.00
CM 9A Registration of a change of a
translated form or a shortened form
 
  of a name300.00
CM 9B Deregistration of a translated
form or a shortened form of a name
300.00
CM 10 Certificate of consolidation of
articles
 
CM 11 Payment of fees on increase of
capital
1 320.00
CM 12 Statement of payment of
commission on shares
1 320.00
CM 13 Affidavit by director or officer
in respect of reduction of capital
 
CM 14 Registration of a special
resolution for the reduction of share capital
 
CM 15 Allotment of shares1 320.00
CM 16 Return of allotment which has
become void
 
CM 17 Extension of a prescribed period 
CM 18 Registration of an order by the
court
 
CM 19 Notice of redemption of
redeemable preference shares
 
CM 20 Notice of variation of rights in
respect of shares
 
CM 21 Notice of place where registers
kept
300.00
CM 22 Notice of registered office and
postal address
300.00
CM 25 Consent to waive period of
notice
360.00
CM 25A Consent to pass
special resolutions at a meeting of which notice has
 
  not been given360.00
CM 26 Registration of a special
resolution
 
CM 27 Consent to act as director or
officer
180.00
CM 28 Director’s contract to take
qualification shares
540.00
CM 29 Return of directors and officers480.00
CM 30 Notice of failure to appoint or
reappoint auditor at an A G M
 
CM 31 Appointment of auditors240.00
CM 32 Change of the end of a company’s
financial year
660.00
CM 33 Exemption that group annual
financial statements need not deal
 
  with a subsidiary CM 34 
CM 34 Lodgement of financial
statements or interim report
360.00
CM 35 Approving that interim reports
need not be issued
 
CM 36 Take over offer and take over
statement
 
CM 37 Person authorised to accept
service on behalf of an external company
300.00
CM 38 Notice of termination
of authorisation of person authorised to accept
 
  service of notice on behalf of
an external company
300.00
CM 39 Registration of an
alteration made in the memorandum of an external
 
  company 
CM 40 Appointment as liquidator or
provisional judicial manager or
 
  judicial manager 
CM 42 Securities transfer form120.00
CM 43 Director of dissolved company
within the meaning of section 421 (1)
 
CM 44 Articles of association of a
company having a share capital
 
CM 45 Amended certificate of
incorporation relating to the conversion of
 
  one type or form of company into
another type or form of company
 
CN 46 Certificate to commence business 
CM 47 Statement by each director
regarding adequacy of capital of a
 
  company 
CM 48 Affidavit pursuant to Section
172 (2)
 
CM 49 Certificate of registration of
memorandum of external company
 
CM 50 Request for submission of
provisional annual financial statements
 
CM 51 Certifying additional copies of
documents lodged for registration
 
CM 52 Granting of exemption from
lodging annual financial statements
 
  of a subsidiary 
CM 100 Statement of affairs 

5. COMPOSITE ANNUAL
SECRETARIAL FEE FOR CLOSE CORPORATIONS , COMPANIES & TRUSTS

For AGM minutes,
members reports, registered address, storage of stationery,

 
provisional tax
returns (IRP 6 (c)) and tax extensions (not to be charged if items
 
charged for
separately)
1 080.00
    
6. SUNDRY OTHER 
    
6.1. Unemployment Insurance Fund 
  Registration360.00
  Monthly Returns120.00
6.2. Workmen’s Compensation 
  Registration360.00
  Annual Returns300.00
6.3. Industrial Councils 
  Registration360.00
  Monthly Returns 
6.4. Skills Development Levy 
  Registration360.00
  Monthly Returns120.00
  (When combined with P A Y E
return)
 
6.5 Department of Trade &
Industries
 
  Compliance report 
6.6 Micro Finance Regulatory Council 
  Compliance report 
  Quarterly Returns 
  (Note you must be registered to
do this report).
 
6.7 Estates 
  For preparation of Wills 
  For Executorship 
6.8 Other 
  Statistical returns300.00
  Letters written on behalf of
Clients
180.00