OUR SERVICES
We are a multidisciplinary group of companies providing financial management services including accounting and tax consulting, financial planning, business insolvency and holistic estate planning.
No client is too big or too small for us and we are able to assist not only with our accounting and tax consulting services, but also holistic estate planning and financial planning which we believe is the key to efficient wealth management.
We have clients in most industries and sectors including construction, engineering, agriculture, financial services, professional services, the tourism industry and more.
Accounting and Auditing Function
(Companies, CC’s, Trusts and Individuals)
Bookkeeping (data capturing, record keeping and reconciliations)
Auditing
Annual Financial Statements
Management Accounts
Tax Compliance and Consulting
Complex Tax Matters
Efficient Individual and Corporate
Planning
Personal Income Tax
Corporate Income Tax
VAT Calculations and Reconciliations
Employee Tax
EMP Returns
Payroll Function
Payslips
EMP Returns and Reconciliations
Registrations
PAYE
UIF
WCA
Asset Financing Solutions
Financing for commercial vehicles, machinery, and equipment
Tailored financing solutions for businesses
Structured repayment plans
Lease and Rental Options
Operating leases for business assets
Flexible rental agreements
End-of-term purchase options
Business & Corporate Lending
Business loans for asset acquisition
Revolving credit for equipment financing
Refinancing options for existing assets
Specialised Industry Financing
Fleet financing for logistics companies
Construction and heavy equipment financing
Business planning, consulting and solutions
Valuations
Due Diligence Procedures
Group Structures
Outsourced CFO Function
Short Term Insurance
Financial Planning
Life Insurance, Disability and Critical
Illness cover, Income Protection
Investments (Local and Offshore)
Stockbroking
Retirement Planning
Buy and Sell and Keyman Insurance
Employee Benefits
Medical Aid
Short Term Insurance
Corporate Governance and Secretarial Function
Beneficial Ownership Submissions
Company Registrations
Conversions of Closed
Corporations
CIPC Returns
Maintenance of statutory records
Share Certificates
CIPC Returns
Beneficial Ownership submission
Director amendments
Company/ CC Amendments
Company Registrations and deregistration
Company Re-instatement
Conversions of Closed
Corporations
Resolutions
B-BBEE Certificates
Taxcor Trust Services (Pty) Ltd is a consulting service specialising in the restructuring and ongoing maintenance of our clients’ Personal Estates. We provide a personalised service, looking after our clients’ wellbeing by evaluating their Personal Estate on a continuous basis in order to minimize risk and lower estate duty as much as possible.
Continuous Estate Planning Advisory and Maintenance
Safekeeping of Important Estate related documents
Drafting and Safekeeping of Wills
Registration of Trusts
Personal and Company-related
Insurance Profile Evaluations
Corporate Restructuring and Sale of Shares
Voluntary Liquidations
B-BBEE Restructuring
Section 42 Asset for Share Transactions
FAQs
Who needs to pay tax in South Africa?
Anyone earning above the tax threshold must pay tax. For the 2023/2024 tax year, the tax threshold is:
Under 65 years: R95,750
65 to 74 years: R148,217
75 years and older: R165,689
What is PAYE and how does it work?
PAYE (Pay As You Earn) is the tax deducted by employers from employees’ salaries before payment. It ensures that individuals pay tax monthly instead of in a lump sum.
What is VAT and who needs to register?
Value-Added Tax (VAT) is currently at 15.5% in South Africa. Businesses with an annual turnover above R1 million must register for VAT.
What are the best ways to save for retirement in South Africa?
Retirement Annuities (RAs) – Tax-deductible contributions
Pension/Provident Funds – Employer-sponsored savings
Tax-Free Savings Accounts (TFSAs) – No tax on withdrawals