April 6, 2020

COVID-19 Relief Mechanisms

Small Business Sector Tax Relief SARS TAX RELIEF IS NOT AUTOMATIC If the company can afford the tax liability, the company is required to pay the full amount.  Proof to be provided that company is unable (due to the effect of COVID-19) to pay the liability.  Tax relief is aimed at distressed companies. Contributions to UIF and SDL Potential temporary reduction in employer and employee contributions to both UIF and SDL. Requirements are still to be confirmed. Delay of payments of taxes Relief Options Requirements PAYE liabilities Defer 20% of prospective PAYE liability over the next 4 months Turnover ≤ […]
March 24, 2020

TROOS measures during the national lockdown

Dear clients, To mitigate the impact of the COVID 19 outbreak we at T ROOS ACCOUNTANTS have introduced the following measures to ensure we provide the same quality of services to our clients before and during the lockdown period: Clients are welcome to visit our offices till close of business on Thursday the 26th of March 2020. Face to face meetings with clients will be possible up to Thursday the 26th of March 2020, thereafter only telecom or skype meetings will be available. For clients located in the Bloemfontein area we have made our messenger available to collect documents from […]