Experts in Bookkeeping
At Lethabo Africa Consulting, we provide reliable bookkeeping services that help businesses remain compliant with South African tax legislation and CIPC requirements. We ensure your financial records are accurate, well-maintained, and retained in accordance with the Tax Administration Act. Our team also assists with VAT registration when your business meets the SARS registration threshold, giving you peace of mind and allowing you to focus on growing your business.
Ensures SARS Compliance
Accurate bookkeeping helps businesses prepare and submit tax returns correctly, including Income Tax, VAT, PAYE, and Provisional Tax.
Tracks Cash Flow
Bookkeeping allows you to monitor income and expenses, ensuring your business has sufficient cash to operate effectively.
Supports Better Business Decisions
Up-to-date financial reports provide valuable insights into your business performance, helping you make informed decisions.
- Prepares You for Funding: Banks, investors, and lenders often require reliable financial statements before approving loans or financing.
- Reduces Errors and Fraud: Maintaining accurate records helps identify discrepancies early and strengthens financial accountability.
Simplifies Financial Reporting
Well-maintained books make it easier to prepare annual financial statements and respond to audits.
- Promotes Business Growth: Understanding your financial position enables you to plan, budget, and identify opportunities for expansion.
Why Choose Lethabo Africa Consulting?
At Lethabo Africa Consulting, we provide professional bookkeeping services that help businesses maintain accurate financial records, comply with SARS and CIPC regulations, and make informed financial decisions. Our goal is to keep your business compliant, financially organised, and positioned for sustainable growth.
Bookkeeping Compliance for South African Businesses
At Lethabo Africa Consulting, we help businesses meet their financial and statutory obligations by ensuring accurate bookkeeping and ongoing compliance with South African regulations. Our bookkeeping services support businesses in meeting the following key requirements:
Accurate Financial Records
Maintain complete and up-to-date accounting records for all business transactions.
Record Retention
Ensure all financial records and supporting documents are securely maintained for a minimum of five (5) years, as required by South African legislation.
Income Tax Returns (ITR14)
Assist companies in preparing and submitting their annual income tax returns to SARS within the prescribed deadlines.
Provisional Tax (IRP6)
Prepare and submit provisional tax returns for qualifying companies and sole proprietors to ensure ongoing tax compliance.
