Let the right accounting software take care of your tax worries
In an economy as fluctuating and unpredictable as ours, there are many factors which can cause a SME business to stumble or fail – over pricing, under-pricing, high staff turnover, changing market trends, fuel increases, etc. The list is endless.
In an economy as fluctuating and unpredictable as ours, there are many factors which can cause a SME business to stumble or fail – over pricing, under-pricing, high staff turnover, changing market trends, fuel increases, etc. The list is endless.
What if the devastation your business is facing isn’t due to an external factor, like the fuel price increase, but due to something you have, perhaps even unknowingly, caused?
One of the leading causes of SMEs failing is tax evasion and non SARS compliance – and the leading cause of this is unreliable, complicated payroll systems.
Without a meaningful view of your company’s payroll health, on a payroll software system which promotes tax and other business-related compliances, you could be doing a number of things incorrectly or inaccurately without even realising it.
Ignorance is no excuse, however, and the only way you can achieve successful tax compliance is by having the right payroll system in place. Quick Payroll is a leading payroll software solution and we have helped thousands of businesses keep on the tax and compliance straight and narrow.
With the new tax season now in full swing, perhaps it is time to relook at your payroll processes and switch to payroll software which looks after your important tax and payroll compliance issues too
With the right payroll software solution in place, you can comply with complete confidence by ensuring your payroll is done right with advanced audit trails and the ability to close prior periods.
Also, you will be better prepared for all payroll submissions to SARS with a proper payroll solution which offers simplified PAYE tracking and advanced reporting.
If you are in a quandary and having sleepless nights over your submissions and compliance, take a deep breath … SARS eFiling has made it easier than ever for small businesses like yours to comply with your tax compliance obligations.
What is SARS eFiling?
- Simply put, SARS eFiling is the secure online process for the submission of returns and declarations and other related tax services.
- As a small business, you can interact with SARS in various ways on the eFiling platform – register and submit returns and declarations, make payments in respect of taxes, duties, levies and contributions, and perform a host of other functions in this secure, online environment.
- The biggest drawcard for businesses is that the process is paperless and that submissions are instant and reliable.
- The SARS eFiling system is easy and straightforward, which results in fewer errors and allows for a quicker processing cycle for businesses.
Another plus with SARS eFiling is that the eFilers get more time than those who conduct manual submissions and payment.
Don’t leave the payroll tax and compliance of your business to chance. Staying within the law while you operate a successful business is imperative – and easy, with the right payroll software solution. Book a demo today and experience first-hand how Quick Payroll Software can streamline your payroll processes.