ACCOUNTING SERVICES

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s The accounting department renders the following services:

Ÿ Bookkeeping from source documents on Excel and Pastel

Ÿ Monthly accounting and administration work

Ÿ Keeping track of income and expenses against budgets

Ÿ Preparing management statements and other management reports

Ÿ Preparing annual financial statements for all entities and individuals

Ÿ Calculating income tax for all entities and individuals

Ÿ Identifying and reporting possible risk areas in accounting systems

Ÿ Implementing and initiating accounting systems

Ÿ Compiling budgets and cash flow predictions

Ÿ Debt collections on behalf of clients

Ÿ VAT calculations

Ÿ Capital gain calculations

Ÿ Submission of monthly VAT, PAYE, UIF and SDL returns

Ÿ Submission of annual and bi-annual Salary reconciliations

Ÿ Keeping records for audit and tax purposes

AUDITING SERVICES

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Auditing is done in accordance with the terms of the International Standards on Auditing, as prescribed by the South African Independent Regulatory Board for Auditors (IRBA). The responsibilities of the department include the following:

Ÿ Completing statutory audits for clients

Ÿ Compiling financial statements

Ÿ Evaluating and implementing internal processes and controls

Ÿ Highlighting and reporting risk areas

BROAD-BASED BLACKECONOMIC EMPOWERMENT

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s Consultation and verification services

We are accredited by the Independent Regulatory Board for Auditors (IRBA) to independently verify a B-BBEE scorecard and issue a valid B-BBEE certificate.

This is how we can help:

Ÿ Providing an understanding of the effects of B-BBEE on the business strategy, tax planning and operational functioning

Ÿ Formulating a B-BBEE strategy

Ÿ Designing and implementing the strategy to ensure successful empowerment of the business

Ÿ Compiling and calculating a scorecard

Ÿ Compiling the necessary working papers in the preparation of the independent verification

Ÿ If we do not consult on the above, we can act as the independent B-BBEE verification agent who issues the B-BBEE certificate for the business. This certificate is valid for a period of 12 months from date of issue.

COMMENCEMENT &STRUCTURING OF BUSINESSES (CONSULTATION)

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We offer business planning and advice during:

Ÿ Structuring, restructuring and take-overs

Ÿ Business and share valuations

Ÿ Structured financing, property structuring and financial implications

Ÿ Tax options

ESTATES AND TRUSTS

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The estate and trust department of FHBC offers the following services:

Ÿ Drafting of Wills and Trust Deeds

Ÿ Reviewing and amending Wills

Ÿ Storing of Wills in a fireproof safe

Ÿ Estate planning and administration

Ÿ Administration of Deceased Estates

Ÿ Registration of Trusts

Ÿ Amendments to Trust Deeds

Ÿ Administration of Trusts

Ÿ Acting as an independent Trustee for Trusts

HUMAN RESOURCE MANAGEMENT

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FHBC offers the following specialist and general HR services to clients:

Ÿ Recruitment and selection

Ÿ Human resource management systems and administration

Ÿ Labour relations

Ÿ Personnel policy and procedures

Ÿ Employment equity plans, reports and training

PAYROLL PROCESSING,ADMINISTRATION AND CONSULTATION

This department guarantees total confidentiality, accuracy, statutory adherence, technical advice and affordable fees, by providing the following services:

Ÿ Processing of salaries and wages

Ÿ Electronic payment of salaries and wages, according to the requirements of clients

Ÿ Printing of payslips

Ÿ Medical, pension and provident fund deductions and garnishees

Ÿ Administration of leave in accordance with the most recent terms of the Basic Conditions of Employment Act

Ÿ Employment equity administration

Ÿ Annual preparation of IRP5, IT3 certificates and IRP501 reconciliation and electronic submission

Ÿ Annual submissions of the Return of Earningsforms to the Compensation Commissioner (WCA)

Ÿ Monthly preparation and submissions of EMP201 for UIF, PAYE, SDL

Ÿ Monthly reports to clients tailored to suit individual needs

Ÿ Structuring of total cost to Company

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ADMIN AND SECRETARIALSERVICES FOR COMPANIESAND CLOSE CORPORATIONS

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s FHBC offers the following admin and secretarial services:

Ÿ Name reservations and different Company registrations at CIPC

Ÿ Applications and supporting documents for amendments of companies and close corporations at CIPC:

- Changes in directors/members

- Appointment or resignation of auditor/accounting officer/company secretary

- Changes in registered address and location of company records, financial year end, etc.

- Special resolutions to adopt or change the Memorandum of Incorporation

- Conversion of close corporations to companies

- Re-instatement of companies and close corporations

- Deregistration of companies and close corporations

- Notices to start Business Rescue Proceedings

- Filing of Annual Returns

Ÿ Structuring of total cost to Company

Ÿ Maintaining and updating of company registers

Ÿ Transfer of shares and the issuing of share certificates

Ÿ Confirmation of addresses, income, solvency, etc. for existing clients

Ÿ B-BBEE certificates for Exempt Micro Enterprises (EMEs)

TAX COMPLIANCE AND ADMINISTRATION

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s The tax department ensures that the legal tax responsibilities of all clients are met, by providing the following services:

Ÿ Registration of Income Tax, VAT, PAYE, UIF and SDL

Ÿ Income Tax calculations for companies, close corporations, trusts and individuals

Ÿ Submission of Income Tax returns via e-filing for abovementioned entities

Ÿ Calculation and submission of provisional tax returns via e-filing

Ÿ VAT calculations and submission via e-filing for VAT vendors

Ÿ Remittance of SARS penalties, interest and additional assessments

Ÿ Dealing with enquiries, verifications and audits from SARS

Ÿ Formal dispute resolution with SARS, incl. objections, appeals, the tax board and tax court

Ÿ Escalating service delivery issues to the SSMO and Tax Ombud

Ÿ Assistance with SARS debt collection and payment arrangements

Ÿ Providing tax opinions

Ÿ Tax planning and advice

Ÿ Capital gains tax calculations

Ÿ Request tax clearance certificates

Ÿ Applying for tax directives

Ÿ Confirmation of Income Tax, VAT and PAYE numbers

BGR