Third Party Data Submission To SARS

Third parties such as banks, medical schemes, fund administrators etc. are obliged by law to send information or data to SARS via a return.  This information is then used  to analyse and confirm whether a person has filed or submitted the correct information in his/her tax return and to ensure that the information or documents […]

Job Opportunity | Bookkeeper

A well-established company in the agricultural business would like to appoint a bookkeeper in their office in Moorreesburg, Western Cape. This position offers an excellent opportunity to grow with the business. Note that this position is available at one of C2M’s clients. We handle the recruitment process on their behalf. Position: Permanent Remuneration: R15 000 […]

Job Opportunity | Bookkeeper and Personal Assistant

Position: Half-Day Permanent Position Industry: Property Development Remuneration: R10 000 to R13 000 pm (Half-day) Office Location: Gordon’s Bay, Western Cape Note that this position is available at one of C2M’s clients. We handle the recruitment process on their behalf.  Responsibilities include: General financial administrative responsibilities All processing and reconciliations Management reporting Customer and Supplier […]

Job Opportunity | Assistant to Financial Controller

Position: Permanent Industry: Agriculture – International Seed Company Remuneration: R15 000 – R20 000 per month, depending on experience Office Location: Durbanville, Western Cape  Responsibilities include: General processing and reconciliations Financial administrative responsibilities Management reporting Customer and Supplier invoices and payments | Debtors and Creditors Stock reconciliations VAT submission Statistics Requirements: Pastel experience or similar […]

Is a trust still useful for estate planning purposes?

Section 7C of the Income Tax Act which came into effect on 1 March 2017 will impact trusts extensively. In the past it was common practice for a trust to acquire assets via an interest-free or low interest loan from a natural person. The objective of Section 7C is to tax loans by related parties (founders, […]

Is a trust still useful for estate planning purposes?

Section 7C of the Income Tax Act which came into effect on 1 March 2017 will impact trusts extensively. In the past it was common practice for a trust to acquire assets via an interest-free or low interest loan from a natural person. The objective of Section 7C is to tax loans by related parties (founders, […]

How to download the C2M App

The C2M App is free and available from the App Store and Google Play. Simply search “C2M Chartered Accountants” in the App Store / Google Play and continue with the download.      C2M App features include: Updates from C2M directly on your mobile phone or tablet via the Message Centre Electronic Mileage Tracker (This will […]

New Documentary Requirements for VAT | SARS Binding General Ruling

On 24 October 2016 SARS released a binding general ruling (BGR36), dealing with those conditions under which the Commissioner will allow a VAT vendor to use alternative documentary proof to substantiate the vendor’s entitlement to an input tax deduction. In order to obtain the Commissioner’s approval to use alternative documentary proof in substantiating a deduction, […]