TS = Time Spent | |||
1. CLOSE CORPORATIONS | AMOUNT | ||
1.1. Formation | |||
CoR 9 | add stamps | 400.00 | |
Members’ certificates – each | 60.00 | ||
Members register – per member | 120.00 | ||
PUBLIC | Advise Receiver of Revenue of appointment of the public officer and | ||
OFFICER | registered address | 300.00 | |
CK2 | 1.2 | Amendment of founding statement CK2 | 360.00 |
CK2A | New Accounting Officer appointment | 480.00 | |
CK1&4 | 1.3 | Conversion of a company to a close corporation (CK1, 4) | 2 100.00 |
CK3 | 1.4 | Restoration of close corporation (CK3) | |
1.5 | Use of office as registered address – per annum | 360.00 | |
1.6 | Storage of stationery, books and records- per annum | 240.00 | |
1.7 | Letter of consent by accounting officer, if not included in 1.1. or 1.2. above. | 360.00 | |
1.8 | Deregistration | 1 500.00 | |
2. TRUSTS | AMOUNT | ||
2.1 | Formation | ||
Preparation and lodgement of Trust Deed | |||
Trust register | |||
2.2 | Amendment | ||
Accounting officer | 360.00 | ||
Resignation of trustee | 360.00 | ||
Other amendments | |||
2.3 | Use of office as registered address – per annum | 360.00 | |
2.4 | Storage of stationery, books and records – per annum | 240.00 | |
2.5 | Letter 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 information | 240.00 | |
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 – IRP5 | 500.00 | |
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 Company | 300.00 | ||
Active Company | 1 200.00 | ||
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 assessment | 240.00 | |
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 – PAYE | 420.00 | |
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 hand | 600.00 | ||
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 queries | 120.00 | ||
Value Added Tax Act – completion and return of forms | AMOUNT | ||
VAT 101 | Registration for VAT purposes (All the relevant documents) | 840.00 | |
VAT 101 D | Registration for diesel refund | 660.00 | |
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 T | Application for cancellation of separately registered branches | 360.00 | |
VAT 201 | Prepare & Submit return | 120.00 | |
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 | |||
4.1.1 | Initial 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 | ||
4.1.2 | Initial secretarial work in connection with the formation of a | ||
company, where the company has already been formed. | |||
Inaugural minutes | 360.00 | ||
Share certificates – EACH | 60.00 | ||
Transfer deeds – EACH | 120.00 | ||
Advise Receiver of Revenue of appointment of public officer, and the | |||
registered address | 300.00 | ||
Writing up of company register | 540.00 | ||
C M 27 – each | 180.00 | ||
CM 29 (1 – 4 directors) | 480.00 | ||
CM 15 allotment | 540.00 | ||
4.1.3 | Registration of defensive name | ||
First time (CM 5, 8 and proof required) | 1 080.00 | ||
Annual renewal (CM 8A and proof) | 480.00 | ||
4.1.4 | Appointment 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 – each | 180.00 | ||
Writing up of register – per director | 120.00 | ||
4.1.5 | Change of name of a company (CM5, 9, 25, 26 ) notice to shareholders, | – | |
minutes, advice | 2 100.00 | ||
(Receiver of Revenue and update records and statutory register) | |||
(combined fee) | |||
4.1.6 | Change of financial year end (CM 32, resolution, letter to Receiver of | ||
Revenue and update register) (Combined Fee) | 900.00 | ||
4.1.7 | Change of public officer (resolution, letter to Receiver of Revenue and | ||
updating records) | 480.00 | ||
4.1.8 | Change of registered office (CM 22, resolution, update register, notify | ||
Receiver of Revenue) | 480.00 | ||
4.1.9 | Changes to memorandum and articles (CM 25, 26) | 1 500.00 | |
4.1.10 | Opening 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 | ||
4.1.11 | Change in banking account signatories (based on 4 signatories), | ||
(bank form, directors and signatories, resolutions X2, update register) | 720.00 | ||
4.1.12 | Transfer of shares (resolution, transfer form, new certificates, write up | ||
register) per transfer | 480.00 | ||
4.1.13 | Allotment of shares (based on 5 shareholders, certificates, minutes, | ||
checking articles, updating register) | 1 260.00 | ||
4.1.14 | Increase in authorised share capital | ||
(CM 11, 25, 26, notice to shareholders, minutes of meeting, checking | |||
articles and register, updating register) | 1 380.00 | ||
4.1.15 | Certified copies of memorandum and articles, certificate of incorporation, | ||
certificate to commence business. | 180.00 | ||
4.1.16 | Reduction of share capital (CM 1 3, 14, 25, 26) | ||
4.1.17 | Take over statutory books of a company | ||
4.1.18 | Registration of an external company | ||
4.1.19 | Extensions (CM 17) (various) | ||
4.1.20 | Restoration of a company to the register | ||
4.1.21 | Preparation of other minutes and notices (per matter dealt with) | 240.00 | |
4.1.22 | Use of office as registered address – PA | 360.00 | |
4.1.23 | Acting as company secretaries – PA | 600.00 | |
4.1.24 | Storage of stationery, books and records – PA | 240.00 | |
4.1.25 | Notice of Extraordinary Meeting for Special Resolutions | 300.00 | |
4.1.26 | Annual General Meeting (notice, minutes, directors resolution, letter | ||
of representation x2) | 720.00 | ||
4.1.27 | Conversion of the status of a private company to a public company | ||
and vice versa | |||
4.1.28 | Deregistration | 2 400.00 | |
Completion of Individual Forms – Companies Act | |||
CM 5 | Reservation of name or a translated form or a shortened form or a | ||
defensive name | 360.00 | ||
CM 6 | Extension of the period of the reservation of a name or a shortened | ||
form or a defensive name | 240.00 | ||
CM 7 | Registration of a translated or a shortened form of a name | 300.00 | |
CM 8 | Registration of a defensive name | 360.00 | |
CM 8A | Renewal of the registration of a defensive name | 360.00 | |
CM 9 | Certificate of change of name | 360.00 | |
CM 9A | Registration of a change of a translated form or a shortened form | ||
of a name | 300.00 | ||
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 shares | 1 320.00 | |
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 given | 360.00 | ||
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 officers | 480.00 | |
CM 30 | Notice of failure to appoint or reappoint auditor at an A G M | ||
CM 31 | Appointment of auditors | 240.00 | |
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 form | 120.00 | |
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 For AGM minutes, | |||
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 | ||
Registration | 360.00 | ||
Monthly Returns | 120.00 | ||
6.2. | Workmen’s Compensation | ||
Registration | 360.00 | ||
Annual Returns | 300.00 | ||
6.3. | Industrial Councils | ||
Registration | 360.00 | ||
Monthly Returns | |||
6.4. | Skills Development Levy | ||
Registration | 360.00 | ||
Monthly Returns | 120.00 | ||
(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 returns | 300.00 | ||
Letters written on behalf of Clients | 180.00 | ||