OUR SERVICES AT PLM ACCOUNTING
BOOKKEEPING
In today’s competitive business landscape, effective financial management is essential for success, and PLM Accounting offers specialized bookkeeping services designed to ensure financial accuracy and efficiency for businesses of all sizes. This article explores the key services provided by PLM Accounting, emphasizing the critical processes of recording transactions, reconciling accounts, and generating comprehensive financial reports. By focusing on these three pillars of successful financial management, PLM Accounting helps businesses maintain organized records, gain valuable insights, and make informed decisions that drive growth and stability.
COMPANY REGISTRATIONS
At PLM Accounting, we recognize that registering a company in South Africa is a vital step for entrepreneurs looking to establish a legitimate and successful business presence. This main page serves as your comprehensive guide to the company registration process at the Companies and Intellectual Property Commission (CIPC) and provides insights into relevant departments in South Africa that facilitate business compliance and growth. From understanding the various types of business entities to navigating the registration requirements and procedures, we are here to help streamline your journey, ensuring that your company meets all legal obligations while positioning you for future success.
LABOUR SUBMISSIONS
At PLM Accounting, we understand the importance of adhering to South African labor legislation and the necessity of timely submissions related to employee management. This page serves as an overview of the essential monthly labor-related submissions required by law, including submissions to the South African Revenue Service (SARS) for PAYE, UIF, and SDL, as well as compliance with the Basic Conditions of Employment Act and the Labour Relations Act. By ensuring that these submissions are managed accurately and punctually, we help businesses maintain legal compliance, support employee welfare, and avoid penalties, ultimately allowing you to focus on your core operations while we handle the complexities of labour regulations in South Africa.
SARS SUBMISSIONS
At PLM Accounting, we manage essential SARS submissions, ensuring your business remains compliant with South African tax regulations. We handle EMP201 submissions, which cover monthly employee PAYE, UIF, and SDL contributions, as well as EMP501 submissions, the bi-annual reconciliations required to verify payroll taxes. Our expert team ensures these submissions are accurate and timely, minimizing the risk of penalties or interest. We also assist with year-end submissions and employee tax certificates, ensuring that every step of the payroll process is seamlessly aligned with SARS requirements. By staying current with SARS legislation and handling all necessary reporting on your behalf, we take the burden off your shoulders and help you maintain smooth, compliant operations.
WORKMANS COMPENSATION
Under South African law, Workman’s Compensation is crucial for protecting employees who suffer workplace injuries or illnesses. At PLM Accounting, we assist businesses in complying with the Compensation for Occupational Injuries and Diseases (COID) Act by ensuring accurate and timely submissions. From registration and maintaining updated employee records to submitting annual return filings, we manage the entire process, helping you meet all legal requirements while minimizing the risk of non-compliance penalties. Our team stays up to date with legislative changes and provides guidance on premium calculations, assessment payments, and claims procedures. This allows you to focus on running your business with confidence, knowing your employees are covered and your compliance obligations are met.