| 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 | ||