NASMATS CONSULTING

TAXATION, STRATEGY ADVISORY, INTERNAL AUDIT SERVICES & ACCOUNTING

Our Services

  • Advisory on Process and Internal Controls

  • Advisory on Audit Committee

  • Continuous Auditing Monitoring

  • Risk Assessment & Management

  • Financial Advisory service

  • Internal Audit Partnering

We also focus on ensuring your business grows in a sustainable way. We work very closely with senior management and the executive team in an organisation to assess your business' strategic direction and we ensure optimal allocation of scarce resources.

Taxation

  • Processing of registrations for Income tax, Employees taxes, value-added tax and all other required taxes as required per legislation.

    Completion and submission of all statutory returns that will be required on a monthly, bi-annual and annual basis.

    • VAT (Value-added tax)

    • PAYE, UIF & SDL

    • Employee tax (PAYE, UIF & SDL)

    • Dividend withholding tax

    • Provisional tax preparation

    • Tax consulting and planning

    • Monitoring the status of your compliance obligation. SARS objections, verification requests and audit evidence

    • Application for tax clearance certificates.

    • Dividends tax declaration.

    • Payroll - PAYE calculations

Our services aim to provide comprehensive support for all taxation needs, ensuring clients remain compliant and optimized in their tax affairs.

Strategy Advisory

  • This is a highly effective way of ensuring the whole business is aligned to the organisational strategic goals. At this stage we gather valuable information from executive teams and senior management and use this data as a steppingstone to ensuring sustainable growth.

  • At this stage of the process together with executive team we identify the strategic initiatives that need prioritisation and allocate the necessary resources.

  • This allows us to calculate the financial implications of implementing a new project or business change and reviewing the costs, benefits and risks implicit in the decision.

  • We dedicate sufficient time to putting information in a simple, clear and concise way to ensure our intended target audience are able to absorb valuable information conveyed at the end of the assignment.

  • We understand all our clients have different strategies and business models; thus our approach ensures that our support is suited specifically to your business needs. To achieve this, we work closely with senior management to formulate, activate and communicate strategies which will foster sustainable growth of your organisation.

    We are consistently looking for innovative ways to ensure as a business you maximise your value and growth and with our extensive understanding of strategy and drivers of value, we assist you in extracting value in an innovative and cost-effective way.

  • This affords us a detailed view of the opportunity, including and analysis of the market, the value proposition, implementation strategy and a financial plan.

Internal Audit Services

The internal audit evaluates the company's internal controls, including its corporate governance and accounting processes. They help in evaluating compliance with laws and regulations. The internal adits assist in maintaining accurate and timely financial reporting and data collection. It can also be said to be a tool that is necessary to obtain operational efficiency by identifying problems and correcting lapses befor they are discovered in an external audit.

Internal audit helps identify the loopholes and gaps while implementing the organisation's policies and procedures on various day-to-day functions. The audits can be performed in areas related to Finance, Risk, Statutory compliance, etc. It also does checks on internal controls and helps in the implementation of best industry practices for meeting corporate objectives.

Get in touch with us for an independent Internal Audit for your organisation to get an in-depth outlook towards the internal controls of your organisation.

Accounting

    • Processing and record keeping of financial transaction.

    • Maintenance of accounting records from source documentation through to trial balances

    • Preparation of budgets and monthly management accounts

    • Preparation of annual financial statements as required by the Companies Act

    • Independent reviews of annual financial statements

    • Other agreed-upon procedures

    • Submission and calculation of regulatory forms and declarations like, tax returns, VAT and PAYE returns

    • E-filing of tax returns once the financial statements have been completed.