Services

The firm has adequate resources to advice on most financial matters as well as render an efficient service where the client want to fully outsource the accounting and administrative function of their business. Our clients receive practical advice on business issues tailored to meet their objectives from experienced accountants and business advisers.

The advice we offer to our clients takes into account the client’s affordability, culture, customs in addition to applicable laws and regulations, thus ensuring the success of their business.

Accounting

10 Times Margins provides fully outsourced management accounting and company secretarial services to entities with limited resources that wish to focus management efforts on growing their business.

The firm also provides the following services:

• Monthly bookkeeping and reporting
• Preparation of budgets
• Review and compile financial statements
• Payroll services
• Review current accounting procedures and internal controls
• Implement or improve on computerized accounting systems
• Training and support to accounting staff

Taxation

Corporate and personal Taxation

It is a fact that taxation affects all businesses, whether small or big corporate. It is also a fact of life that the tax legislation is becoming ever more complex.

The Firm has specialist knowledge and experience to assist clients deal with all the different aspects of taxation and, where required, negotiate with SARS on their behalf. The Firm aims to minimise taxation therefore maximizing wealth, whilst ensuring compliance with relevant legislation.

For example, we advise and submit tax returns on behalf of our client on the following tax matters:

• Compliance requirements
• VAT
• Withholding taxes
• Customs duties
• Dividend, royalty or interest planning
• Employment taxes and employee benefits

Advisory

Corporate Governance/King III

As standards of corporate behaviour come under increasing scrutiny, senior managers need to take into account the rules, regulations and best practice concerning Corporate Governance. Our specialists provide practical advice in this important area.

Risk Management

Expert advice on risk management, review of not only financial risks but other areas including operations, resources and reputation that can have a dramatic impact on the continuing success of an entity.

Internal Audit

Internal audit plays a valuable role in providing assurance that key controls are in place and operating effectively so that financial and other corporate risks are managed. Advice on, and assistance with the operation of an internal audit service is provided. Internal audit can also be outsourced to us.

Business valuations

These may be required for a variety of reasons. The Firm has experts with strong track records in establishing and valuing companies and other business structure. Where required, our reports are used as support in litigation or negotiations with tax authorities.

Fraud prevention and detection

Fraud is now a fact of business and its cost to business is enormous. Advice is available on prevention and detection of fraud, whether carried out using traditional methods or via the internet.

Other professional advice

The Firm maintains close contacts with business leaders, bankers, lawyers and other professionals in our community and can make introductions where required.