Generated by Rank Math SEO, this is an llms.txt file designed to help LLMs better understand and index this website.

# Anlo Financial Solutions

## Sitemaps
[XML Sitemap](https://anlo.co.za/sitemap_index.xml): Includes all crawlable and indexable pages.

## Posts
- [How to Survive a SARS VAT Audit (and how Xero helps)](https://anlo.co.za/how-to-survive-a-sars-vat-audit/): Let’s be honest — getting a message from SARS saying you’ve been selected for a VAT verification or audit can make your stomach drop. Even if you know everything has been done correctly, it’s still stressful. Most VAT audits and reviews are manageable, especially when your records are kept properly and your VAT is prepared using accounting software like Xero. SARS uses two different processes, and they are not the same thing.
- [EMP501 and IRP5 Filing Season Is Now Open](https://anlo.co.za/emp501-and-irp5-filing-season-is-now-open/): Written by Pumeza ChochoeThe EMP501 Employer Annual Reconciliation filing season is now open, and SARS has confirmed that employers have from 1 April to 31 May 2026 to submit their annual reconciliation.This is the period during which employers must prepare and submit their EMP501 reconciliation, together with employees’ IRP5 / IT3(a) tax certificates. The reconciliation covers the full tax year from 1 March 2025 to 28 February 2026.
- [Minimum Wage Increase from 1st March 2026](https://anlo.co.za/79zcbjrmp9rznycxwhyjfej8bypwgs/): As we approach the new financial year, we want to remind you of an important update regarding the national minimum wage in South Africa.With effect from 1 March 2026, the minimum wage rates have increased as follows:National Minimum Wage: R30.23 per hourFarm workers: R30.23 per hourDomestic workers: R30.23 per hourExpanded Public Works Programme (EPWP): R16.62 per hour
- [Dividends Tax in South Africa](https://anlo.co.za/dividends-tax-in-south-africa/): If you receive dividends from a South African company (or you run a (Pty) Ltd that pays dividends), it’s important to understand what “dividends tax” is, who must deal with it, and what paperwork we need from you each year.
- [Budget Speech Highlights: Quick Tax Updates to Know About](https://anlo.co.za/budget-speech-highlights/): The Budget Speech always comes with a few tweaks that can affect your personal tax, payroll, and planning. Here are the key changes we want you to be aware of — nice and simple.
- [VAT Registration Threshold: What Small Businesses Need to Know](https://anlo.co.za/vat-registration-threshold-what-small-businesses-need-to-know/): One of the most talked‑about proposals in the 2026/27 Budget is the plan to raise the compulsory VAT registration threshold from R1 million to R2.3 million in a 12‑month period. This is a big shift, especially for small businesses that have been hovering just above or below the current R1 million mark.
- [PAYE Compliance Is Tightening in February 2026 — What This Means for Your Business](https://anlo.co.za/paye-compliance-is-tightening-in-february-2026-what-this-means-for-your-business/): Over the past few years, SARS has been tightening its compliance systems, and now a major shift is here. From February 2026, SARS will reject any PAYE (EMP501) reconciliation that includes an employee who is required to be tax‑registered but does not have a valid Income Tax Reference Number (ITRN). The long‑standing warning “grace period” officially ends with the 2026 Employer Filing Season, and any non‑compliance may lead to administrative penalties.
- [2025 SAICA Chairman’s Awards](https://anlo.co.za/2025-saica-chairmans-awards/): Congratulations to Annja who has been selected for the 2025 SAICA Chairman’s Awards! The SAICA Chairman’s Awards were established to honour seasoned members who embody the highest ideals of our profession; individuals whose work and leadership have created a lasting difference, not only within their organisations but in the communities and industries they serve. These Awards represent one of the highest forms of recognition conferred by SAICA, celebrating distinction, purpose, and integrity in action.
- [IRP5 and IT3 Explained: What You Need to Know for Tax Season](https://anlo.co.za/irp5-and-it3-explained-what-you-need-to-know-for-tax-season/): We’d like to explain how these certificates are generated so that when you receive yours, you understand what it means and why it matters. Two documents that often cause confusion are the IRP5 and the IT3. Here’s a straightforward guide to help you make sense of them before submitting your return.
- [Understanding Influencer Income in South Africa](https://anlo.co.za/understanding-influencer-income-in-south-africa/): As social media continues to evolve, more South Africans are turning their creativity into income—whether through sponsored posts, affiliate links, or gifted products. If you're one of them, it's important to understand how SARS views this kind of income and what that means for your tax responsibilities.
- [Understanding VAT Agent Accounting in South Africa: Insights from Section 54 of the VAT Act](https://anlo.co.za/understanding-vat-agent-accounting-in-south-africa-insights-from-section-54-of-the-vat-act/): Many South African businesses act as agents—buying or selling goods and services on behalf of clients. This can be a practical solution when clients prefer not to manage suppliers themselves and are happy to pay a fee for someone else to handle the logistics. After listening to Pieter van der Zwan’s TaxBreak podcast episode on VAT and agency relationships, I revisited Section 54 of the VAT Act to unpack what it means for VAT-registered businesses operating in this way.
- [Preparing for the 2025 tax season](https://anlo.co.za/preparing-for-the-2025-tax-season/): Auto-assessments notices started on the 7th of July until the 21st of July. This means that SARS has taken all the information submitted by 3rd parties and prepared your tax return. You no longer need to approve your return, and SARS will pay out your refund within 72 hours of the assessment.
- [SARS Goes Digital: Why It’s More Important Than Ever to Share Correspondence With Your Accountant](https://anlo.co.za/sars-goes-digital/): At our firm, we’re committed to helping you stay compliant, informed, and stress-free when it comes to tax matters. Whether it’s VAT, PAYE, or Income Tax, we’re here to support you every step of the way. But we need your help with something important.
- [Understanding the 2025 Tax Directive Changes for Non-Residents who Receive Pensions or Annuities](https://anlo.co.za/understanding-the-2025-tax-directive-changes-for-non-residents-who-receive-pensions-or-annuities/): One of the most notable changes is the automation of the application process for requesting relief from South African tax under Double Taxation Agreements (DTA) for pensions and/or annuities. This means that you can now submit your applications via eFiling, making the process more efficient and reducing the need for manual interventions. SARS aims to evaluate these applications within 21 working days.
- [Turnover Tax: What You Need to Know](https://anlo.co.za/what-you-need-to-know-turnover-tax/): Turnover tax is a simplified tax system aimed at reducing the administrative burden for small businesses with an annual turnover of less than R1 million. If your turnover exceeds R1 million, you must register for VAT and pay tax at standard rates. Businesses can be registered for both turnover tax and VAT (voluntary registration).
- [New IT3(t) Submission Requirements for Trusts](https://anlo.co.za/new-it3t-submission-requirements/): All trusts, including dormant ones, are now required to submit an IT3(t) form. This requirement is similar to the submission of IRP5s and IT3(b) forms, where the information will be pre-populated on your income tax return. This change aims to streamline the reporting process and ensure that all financial activities within trusts are accurately recorded and reported to SARS.
- [How to Prepare for Tax Returns in 2025 – A Complete Guide](https://anlo.co.za/preparing-for-your-2025-tax-return-a-guide/): As the 2025 individuals tax season approaches, it's essential to start gathering the necessary documents to ensure a smooth and timely submission of your tax return to the South African Revenue Service (SARS). You are more than welcome to start sending this to Pumeza and we will save this on file. We aim to make this process as seamless as possible for you. Below, we've outlined the key dates for the 2025 tax season and a comprehensive list of documents you'll need to provide us. Additionally, we'll explain the auto-assessment process and how we can assist you with it.
- [Understanding VAT Rules in South Africa: Standard Rate, Zero Rate, and Exempt Supplies](https://anlo.co.za/understanding-vat/): As accountants, we often get questions from our clients about the different types of VAT rates and how they apply to their businesses.In this post, we'll break down these concepts and explain when each rate is effective, how they affect your input VAT claims, whether you need to register for VAT if your business delivers zero-rated supplies, and the requirements for a VAT invoice.
- [Reminder: Company Taxes Due](https://anlo.co.za/reminder-company-taxes-due/): As we approach the end of February 2025, it's time for a friendly reminder about some important tax deadlines. The second provisional tax payment is due by the end of February 2025. This is a crucial deadline for all taxpayers, and it's essential to ensure that your payments are made on time to avoid any penalties or interest from SARS.
- [Maximize Your Savings with Tax-Free Savings Accounts](https://anlo.co.za/maximize-your-savings-with-tax-free-savings-accounts/): As your trusted accountant, I want to share an incredible opportunity for you to grow your wealth without the burden of taxes. Introducing the Tax-Free Savings Account (TFSA) – a powerful tool designed to help you save more efficiently.A Tax-Free Savings Account (TFSA) is a special type of savings account that allows you to earn interest, dividends, and capital gains without paying any tax on these earnings. This means that all the growth in your investment remains entirely yours, free from the clutches of the taxman.
- [New Definition of Residence in the South African VAT Act](https://anlo.co.za/new-definition-of-residence-in-the-south-african-vat-act/): The South African Revenue Service (SARS) has recently updated the definition of "residence" in the VAT Act, effective from the 1st of January 2025. The recent change in the VAT Act's definition of residence was made to align the VAT regulations with the criteria used in the Income Tax Act. This alignment aims to provide clarity and consistency across different tax regulations, ensuring that the criteria for determining residency are uniform.
- [Preparing for Tax Season 2024/2025: A Friendly Reminder for South African Taxpayers](https://anlo.co.za/preparing-for-tax-season-2024-2025-a-friendly-reminder-for-south-african-taxpayers/): As the start of a new tax year approaches, it’s time to shift our focus towards effective tax planning and ensuring a smooth filing process when the time comes. For South African taxpayers, this means being proactive about retirement annuity contributions and keeping track of important documents as well as remembering to track your travel if you receive a travel allowance. With filing season typically kicking off in July, now is the perfect time to get organised and stay ahead of the game.
- [2nd Provisional Tax Payment Due February](https://anlo.co.za/2nd-provisional-tax-payment-due-february/): As we approach February 2025 it's time to remind you about the upcoming deadline for the 2nd provisional tax payment. This applies to companies with a financial year ending in February, as well as all provisional taxpayers in South Africa. Ensuring that your provisional tax is submitted on time is crucial to avoid penalties and interest imposed by the South African Revenue Service (SARS).
- [Understanding the IT3(t) Requirements for Trusts](https://anlo.co.za/understanding-the-it3t-requirements-for-trusts/): As part of ongoing efforts to streamline tax processes and ensure accurate reporting, SARS has introduced a new requirement for trusts: the IT3(t) form.The new IT3(t) requirements for trusts will be effective for the 2024 tax year. Trustees are required to submit the IT3(t) certificates by 31 May 2024. This means that all distributions made to beneficiaries between 1 March 2023 and 28 February 2024 must be reported using the IT3(t) form by this deadline.
- [Understanding Record-Keeping Requirements for Individual Tax Returns in South Africa](https://anlo.co.za/fx3nxdx4nbh7dlsb93n5h3hxfr8g35/): Proper record-keeping is essential for accurate tax reporting and compliance with the Tax Administration Act and other relevant tax laws in South Africa. Maintaining accurate and complete records is crucial for a few reasons: It substantiates the information reported in your tax returns, It enables you to respond effectively to any queries or audits from SARS, and it provides a clear financial history, which is beneficial for personal financial management and planning.
- [Dealing with a VAT Audit](https://anlo.co.za/dealing-with-a-vat-audit/): We understand that the thought of a VAT audit can be daunting, but it needn’t be. With the right preparation and a thorough understanding of the process, it can be a smooth and stress-free experience.In this blog, we will provide you with an overview of why a VAT audit happens in South Africa, what the process entails, and how we ensure that all necessary documents are ready and available from the start.
- [Understanding the Importance of Disclosing Digital Wallets and Crypto Accounts to SARS](https://anlo.co.za/disclosing-digital-wallets-and-crypto-accounts-to-sars/): With the growing popularity of cryptocurrencies, it's crucial to understand how these assets are treated by the South African Revenue Service (SARS) and why you need to disclose them in your yearly tax return.SARS requires that any income or gains from crypto assets, including digital wallets and crypto accounts, be disclosed in your tax return. This includes exchange tokens (such as Bitcoin), non-fungible tokens (NFTs), and utility tokens.
- [Understanding the Two-Tier Retirement Pot System in South Africa and the Tax Implications of Withdrawals](https://anlo.co.za/understanding-the-two-tier-retirement-pot-system/): As you continue to plan for your retirement, it's crucial to understand the two-tier retirement pot system recently implemented in South Africa and how withdrawals from your retirement fund can affect your tax obligations. Starting September 1, 2024, contributions will be split into savings and retirement components at a ratio of one-third and two-thirds, respectively. The two-tier retirement pot system was introduced in South Africa to provide greater flexibility and security for individuals when they retire.
- [Protect Your Income and Your Peace of Mind: A Vital Tip for Self-Employed Professionals in South Africa](https://anlo.co.za/protect-your-income-and-your-peace-of-mind/): As a self-employed professional in South Africa, your business is your livelihood. Whether you're a consultant, freelancer, tradesperson, or small business owner, the income you earn is dependent on your ability to work. But have you ever considered what would happen if, due to an unforeseen illness, injury, or accident, you were suddenly unable to work?
- [Anlo Academy – Learn Xero!](https://anlo.co.za/anlo-academy-learn-xero/): The team is hard at work at making our clients' lives easier and, we hope, better. Loads of business owners want to do their own accounts, but don’t know how Xero works, or want to have an accounting practice to help them to do it properly and accurately themselves, because they want to learn.
- [Executive and Non-executive Directors: Tax Matters](https://anlo.co.za/executive-and-non-executive-directors/): Written by Roulon du Toit CA (SA)Both executive directors and non-executive directors (NEDs) may earn income from the companies in which they hold office. However, the tax treatment of these earnings—and the related expenses incurred—vary greatly between these two types of directors. In 2017, SARS released two Binding General Rulings (numbers 40 and 41) which provided more clarity on the treatment of NEDs.
- [Donations To Public Benefit Organisations](https://anlo.co.za/donations-to-public-benefit-organisations/): Written by Roulon du ToitA lot of South African taxpayers are unaware that they could reduce their taxable income if they made donations to Public Benefit Organisations. When a South African resident makes a donation, it is important to realise that there are tax consequences which may lead to either an increased tax burden or tax relief.First, it is important to note that donating may attract a Donations Tax liability. This is something that taxpayers are unaware of and can be quite costly. We will not be exploring this in this blog, but be aware that if you donate cash (or any other asset) there may donations tax, especially if the value exceeds R100 000. For example, if you purchase a car and then transfer ownership to your child it will likely attract Donations Tax.
- [Tax-Deductible Business Expenses – A Complete Guide](https://anlo.co.za/what-can-i-deduct-as-business-expenses-for-tax/): Tax-deductible business expenses are any expense incurred in the production of income or in the running of the business.For example, stock bought for resale is considered a business expense or stationery bought for the office is also considered a business expense. You must keep a record of these business expenses.
- [How to Decrease Your VAT Bill in South Africa](https://anlo.co.za/how-to-decrease-your-vat-bill-in-south-africa/): When it comes to decreasing your VAT bill in South Africa, it's crucial to adhere strictly to legal methods and maintain meticulous accounting records. While it may be tempting to look for shortcuts, any attempt to evade taxes illegally is not worth the risk and can lead to severe penalties.If your business's turnover exceeds one million rand in a 12-month period, VAT registration is mandatory. Ensuring you claim the maximum possible inputs can significantly reduce your cash outflows.
- [Unlock the Power of Xero with Apps: Transform Your Business Efficiency aka APPSTACK](https://anlo.co.za/unlock-the-power-of-xero-with-apps/): In the rapidly evolving world of business, staying ahead of the curve means embracing tools and technologies that streamline operations and drive growth.As your accountants, we're always on the lookout for ways to help you achieve greater efficiency and success while reducing your admin overheads and stress!
- [Changes in Filing Dates for Trusts: A New Chapter in South Africa’s Tax Season](https://anlo.co.za/changes-in-filing-dates-for-trusts/): On June 4, 2024, the South African Revenue Service (SARS) made a significant announcement regarding the 2024 income tax return filing dates for both individual and trust taxpayers.This update marks a big shift, particularly for trust taxpayers, who will now experience a dedicated filing season distinct from that of individual taxpayers.Traditionally, the filing season for trust taxpayers in South Africa coincided with that of individual taxpayers.
- [Preparing for the 2024 tax season](https://anlo.co.za/preparing-for-the-2024-tax-season/): Auto-assessments notices start on the 1st of July until the 14th of July. The tax season officially opens on the 15th of July 2024 and closes on the 21st of October for non-provisional taxpayers and 20 January 2025 for provisional taxpayers.If you want to know if you are a provisional taxpayer, you can either see this on your assessment from prior year or you can ask us 😊
- [Beneficial Ownership Register Explained](https://anlo.co.za/beneficial-ownership-register/): Here’s a date for your diary - 24th of May, 2024. Now, that’s a rather important date if you hold a 5% or greater stake in a company in South Africa as it’s the last date to register under the newly introduced Beneficial Ownership Register. Failure to register if you should will be seen as a breach of the Companies Act and could result in fines being levied.So what’s this all about, and what is Beneficial Ownership?
- [Payroll Options for Small Businesses in South Africa](https://anlo.co.za/payroll-for-small-business-owners/): Managing a business involves a lot of responsibilities, with payroll management being one of the most critical. Understanding the intricacies of the payroll system in South Africa is essential for compliance and smooth operations, whether you're a startup or a seasoned business operator.Here's a simplified breakdown of the payroll process.
- [Preparing for Tax Season 2024/2025: A Friendly Reminder for South African Taxpayers](https://anlo.co.za/preparing-for-tax-season-2024-2025/): As the start of a new tax year approaches, it’s time to shift our focus towards effective tax planning and ensuring a smooth filing process when the time comes.For South African taxpayers, this means being proactive about retirement annuity contributions and keeping track of important documents as well as remembering to track your travel if you receive a travel allowance.With filing season typically kicking off in July, now is the perfect time to get organised and stay ahead of the game.
- [Byte Size – Making Things Better](https://anlo.co.za/byte-size-making-things-better/): I thought it would be nice to write about something other than tax and year-ends. Yes, they’re important, and yes I’ll continue to write about them, but a change, they say, is as good as a rest. (Personally, I’m not sure about that, but whatevs…)As thoroughly modern accountants we have wholeheartedly embraced technology, you may have noticed this! In addition to our client-facing systems we use technology ourselves to stay on top of our business.
- [Navigating Gift Vouchers for Directors and Employees: Understanding Tax Implications with SARS](https://anlo.co.za/gift-voucher-tax-implications/): As the year progresses and you contemplate ways to reward the dedication and hard work of your teams (and perhaps yourselves as directors), gift vouchers emerge as a popular and appreciated token of gratitude.However, your largesse should also be tempered with an understanding of the tax implications such gestures carry, especially under the regulations of SARS. This guide aims to shed light on these implications, ensuring that your acts of appreciation are both generous and tax compliant 😆.
- [End of Year Pension Top-up](https://anlo.co.za/end-of-year-pension-top-up/): Thinking about the end of the tax year does tend to induce a sense of mild dread; what will SARS want? When will they want it? Will this ever end?! 😆While it can feel onerous, there are some things you can do before the end of the tax year which are very much to your benefit, rather than the wellbeing of the tax authorities. One of the biggest of these is topping up your retirement fund or pension fund before the end of the tax year in South Africa (which runs from 1 March to the end of February).
- [Can Your Pty Ltd Company Deduct Reading Glasses?](https://anlo.co.za/can-your-pty-ltd-company-deduct-reading-glasses/): In South Africa, managing a (Pty) Ltd company involves understanding tax obligations and benefits as outlined by the South African Revenue Service (SARS). One of the questions that arise in the realm of tax deductions involves the eligibility of claiming expenses for reading glasses. This blog delves into whether reading glasses can be considered a deductible expense under current South African tax laws for (Pty) Ltd companies.
- [Travel Expenses To Know About as Director of a Small Company](https://anlo.co.za/travel-expenses-to-know-about/): In South Africa, the rules for deducting travel expenses for directors of small proprietary limited companies (Pty Ltd) are governed by the South African Revenue Service (SARS).  These rules can be quite specific and are subject to change, so it's always best to consult the latest SARS guidelines or a tax professional. However, we can provide a general overview.
- [All About Provisional Returns: January Updates](https://anlo.co.za/all-about-provisional-returns-january-updates/): Well, that’s Christmas and New Year done, and we’ve all had plenty of time to clear our heads and face up to 2024! So, Happy New Year, and let’s talk about… Tax!We know - it’s not the most thrilling subject, but a failure to deal with it in a timely manner will guarantee you interesting times as SARS starts asking pointed questions.So, what are the filing dates for 2024? Fortunately for all of us, these are no secret, SARS posts these on its website, but here’s an extract of the relevant information:
- [October Newsletter](https://anlo.co.za/october-newsletter-2023/): It was lovely having Esmerelda visit the Anlo Financial Solutions Edinburgh office in September. Lots of strategy meetings happened and lots and lots of walking through the beautiful city. If you don’t know, Esmerelda runs the Anlo Financial Solutions Johannesburg office and Annja runs the Anlo Financial Solutions Edinburgh office.
- [Six Expenses to Remember to Tell your Accountant About](https://anlo.co.za/six-expenses-to-remember-to-tell-your-accountant-about/): Please see a quick list of expenses to remember which can qualify as a tax deductible. If you have incurred the expenses in your personal capacity, then still let us know about these expenses. If you have the invoice, we can still include it.
- [Navigating Business Expense Deductions](https://anlo.co.za/navigating-business-expense-deductions/): Running a business comes with its fair share of expenses and it is important to understand when these expenses can be used against income as a valid business tax deductible expense.Deducting the right expenses can significantly reduce your taxable income and, consequently, your tax liability.In this blog, we will look into the deductibility of various business expenses, focusing on repairs and maintenance, entertainment, staff welfare, and gifts.
- [Understanding Changes in Persons with Significant Control (PSC) at CIPC in South Africa](https://anlo.co.za/understanding-changes-in-persons-with-significant-control/): The introduction of Persons with Significant Control (PSC) regulations by the Companies and Intellectual Property Commission (CIPC) and the alignment of tax reporting with the South African Revenue Service (SARS) is a significant step toward fostering a more transparent and accountable business environment in South Africa.Business owners and operators need to be aware of their responsibilities under these regulations, including the creation and maintenance of accurate PSC Registers, timely submission of information to the CIPC, and consistent reporting to SARS.Adherence to these regulations not only ensures compliance with the law but also contributes to the integrity and credibility of the business community in the country.
- [VAT, Budget Speech, and Cashflow Planning – March Updates 😊](https://anlo.co.za/march-newsletter-2023/): Happy new tax year our lovely Anlo community. Everyone worked really hard to get all the 2021/2022 tax returns submitted on time as well as the submission of the provisional tax returns that was due end of February.We start a new tax year, and working towards getting financials and returns calculated early so that we stay on the good side with SARS but also have some time to do some cashflow planning.If your situation has changed or you have moved or have new contact details, please get in touch so that we can update your details where it is appropriate.
- [Provisional Tax, SARS, and More: February Updates](https://anlo.co.za/february-newsletter-2023/): How will you know if you are a provisional taxpayer?If you earn any other income apart from your salary i.e., consulting fee income, high interest income, capital gains or rental income etc. you should submit a provisional tax return. All entities/companies are registered for provisional tax and provisional tax should be submitted.The 2nd provisional tax is based on the same accounting period as the August 2022 provisional tax calculation. So, if you had to pay provisional tax in August 2022, you will know if you are a provisional taxpayer.
- [SARS Matters & Directors: November Newsletter](https://anlo.co.za/november-newsletter-2022/): We want to congratulate both Grizelda and Ntsako in our team! Both lovely ladies got married recently 🎉In the accountancy SA magazine for November, there was a brilliant piece on the CEO of Deloittes Africa, Ruwayda Redfearn where she describes what it means to be a leader.As you know Anlo as a company loves using coaching techniques in our everyday work and life, and we thought her story and advise was really powerful so we thought we would share our highlightsShe pointed 5 things out that we thought we would quote here:
- [What You Need to Know About Auto Assessments](https://anlo.co.za/what-you-need-to-know-about-auto-assessments/): SARS is doing auto assessments on taxpayers based on the information that they have received from 3rd parties i.e., banks, medical aids, investment companies etc. If this is your only source of income and you don’t have additional deductions, then you don’t have a problem and it is great that your tax return has been filed.
- [Anlo News, SARS, and a Poem: June Newsletter](https://anlo.co.za/june-newsletter-2022/): In May we celebrated Esmeralda’s birthday the Anlo way, with lots of cake, sparkles and love! If you ask her, she is 37 years old but to us, she doesn’t look a day older than 21, but with the wisdom and leadership of a life well lived. Thank you Esi, for everything you do and here is to another wonderful year for you.We also raised money for slipper day at Anlo and here is a photo.
- [Industry Updates](https://anlo.co.za/industry-updates/): Annja and Roulon recently went to Accountex in London and it was amazing seeing the new developments that have happened since 2019, when we last visited. Regulations and governing bodies have made compliance for accountants stricter, but the standard of the accounting qualification is just getting better.Now more than ever, the focus is on accountants helping businesses grow and helping the economy recover from what has been a very long hard period in everyone’s lives.
- [Travel Log Template 2023 – Personal Tax](https://anlo.co.za/travel-log-template-2023/): We cannot generate a Travel Log for you as it is illegal, but we will gladly send you a travel log template that you can use to generate this logbook. SARS requires you to submit a logbook and might request this from us.Click the button to download the template.
- [Dubai and Tax Reminders: March Newsletter 😊](https://anlo.co.za/march-newsletter-2022/): Esmerelda and I recently took ourselves on a week sabbatical to Dubai with our little girls, and it was AMAZING! Thank you to everyone that was patient with us during this time. We planned this break probably a year ago, with the hope that it will give us something to look forward to, and because of COVID and everything we kind of forgot about it because there was a chance we could not go, and we did not want to get our hopes up.But we did manage to go, and it was so definitely needed. The break from the routine that has become a burden over the last 2 years was exactly what the doctor ordered. We swam in the sea and talked about the business’s future, about our hopes and dreams for ourselves, our families, and our business.
- [Budget Speech 2022](https://anlo.co.za/budget-speech-2022/): Written with Roulon du ToitDuring the 2020 Budget Review, the government indicated that it intended to decrease the corporate tax rate by one percentage point from 28% to 27%. It has now been confirmed that this decrease will take place, effective for tax years ending on or after 31 March 2023. In other words, this will apply to any company whose tax year commences on or after 1 April 2022.

## Pages
- [Thank You](https://anlo.co.za/thank-you/): Your message has been received and we’ll be in touch with you shortly.
- [PAIA Manual](https://anlo.co.za/paia-manual/)
- [Programs and Software Partners](https://anlo.co.za/programs-and-software-partners/): There are several effective accounting software options available to support your bookkeeping. We use many of these tools ourselves and regularly recommend them to clients. The list below is not exhaustive, but it includes software we have worked with and understand well, including their strengths and limitations. We don’t just recommend software – we also provide setup support, advice, and training to help you use it effectively.
- [Anlo Academy](https://anlo.co.za/anlo-academy/): Many business owners want to do their own accounts, but don’t know how Xero works. This is what Anlo Academy is all about. We created a training platform that has a series of videos, explanations and downloadable content on Xero.
- [Xero Training](https://anlo.co.za/xero-training/): As a Xero partner, we understand the power and potential benefits of using Xero to its full potential. We offer custom Xero training to clients and business owners who want to get to know Xero better and understand how this powerful application can help them gain control of their finances. We’re looking for forward-thinking businesses ready to get more out of Xero. Our training goes beyond quick fixes. It’s built to help you master Xero in real-world situations, so you can take control of your finances and reduce admin stress.
- [Blogs and Articles](https://anlo.co.za/blogs-and-articles/)
- [Individual Tax Services in South Africa](https://anlo.co.za/individuals-tax/): Individual tax services help you meet your SARS obligations, submit accurate tax returns, claim eligible deductions, and avoid costly penalties. At Anlo Financial Solutions, we provide professional support with individual tax filing, SARS eFiling, tax planning, and personal tax return services. With SARS tax season opening in July each year, our team helps South African taxpayers prepare, file, and stay compliant.
- [New Startup Businesses](https://anlo.co.za/new-startup-businesses/): We don’t just tick compliance boxes. We dig deeper. Our approach at Anlo Financial Solutions means your startup business accountant works like a strategic advisor, someone who helps you plan, forecast, and grow with confidence. Ready to build your business on solid financial ground? Let’s talk. Even if you need a new business accountant to help with taxes or accountants for startup businesses, to guide long-term growth, we’ll make sure your finances serve your bigger vision. Call us at (011) 658 1324 or book a free consultation.
- [Small Business (SME)](https://anlo.co.za/smes/): At Anlo Financial Solutions, our team of professional accountants for small businesses specialises in supporting SMEs across South Africa. We provide accounting services for small to medium businesses, which include bookkeeping, payroll, financial reporting, and tax compliance.
- [Who We Help](https://anlo.co.za/who-we-help/): From small business accounting services to accounting services for startups, we cater to businesses of all sizes. Our goal is to help you make better financial decisions, grow your business, and stay compliant with South African tax laws.
- [Statutory Services](https://anlo.co.za/statutory-services/): Keeping up with statutory services is essential for ensuring your business meets the legal and administrative requirements set by the Companies and Intellectual Property Commission (CIPC). At Anlo, we assist with annual returns, director changes, company registrations, and compliance matters, helping you stay on top of your obligations. Our company secretarial consultant team ensures your company records are accurate, your registered office address is up to date, and all filings align with the Companies Act. Whether you need help with the memorandum of incorporation updates, meeting minutes, or PSC registers, we simplify the process, reducing the risk of non-compliance.
- [Consulting Services](https://anlo.co.za/consulting-services/): Looking for business consulting services that help you solve complex business problems and improve operational efficiency? At Anlo, we provide business owners and managers with expert advice and guidance to streamline operations, manage risks, and drive business development. Our consultants provide expert advice on business strategies, cost reduction, and risk advisory, ensuring businesses operate efficiently while addressing key challenges. With expertise in business process management, outsourcing, and operational processes, we help businesses identify issues and opportunities to improve performance.
- [Packages](https://anlo.co.za/packages/): If you’re unsure about the type of accountancy package you need, Anlo accountancy packages are an ideal solution for South African businesses. What you get and what you pay are clearly laid out in advance in monthly bundles, so you know exactly what’s what.
- [Accounting and Bookkeeping](https://anlo.co.za/accounting-and-bookkeeping/): At Anlo Financial Solutions, we provide professional accounting and bookkeeping services across South Africa, tailored for small to medium-sized businesses. We understand that your time is valuable, and managing day-to-day finances can quickly become complex and time-consuming. Our team of qualified accountants and expert bookkeepers ensures that your day-to-day operations are streamlined, your cash flow is effectively tracked, and your tax planning is optimised. We take care of the financial details, allowing you to focus on what matters most: growing your business.
- [SARS](https://anlo.co.za/sars/): As registered tax practitioners, Anlo Financial Solutions provides a full range of tax services to individuals and businesses across South Africa. Our qualified tax consultant team delivers expert tax accounting, assistance with tax returns, and end-to-end SARS compliance. Whether you need accounting and tax services for your business or personal tax filing support, we stay up-to-date with the latest changes in South African tax law to ensure efficiency in every tax matter. We also have a wide network of specialists who can assist with complex situations, including expatriate tax.
- [Services](https://anlo.co.za/services/): Professional Accounting Services That Keep Your Business Compliant
- [Contact Us](https://anlo.co.za/contact-us/): We offer a free no-obligation consultation, so we can find out more about you and see how we can help you.
- [Testimonials](https://anlo.co.za/testimonials/): It’s hard to believe that we started years ago in South Africa, and yet here we are with more people and more experience than we could have imagined and we’re still growing!  Through those years, not only has our business matured, but we have spread our wings, literally, and established Anlo in the United Kingdom.  We are a chartered accountancy registered with SAICA and the ICAEW in the UK, and with IRBA in South Africa.
- [Expert BIOs](https://anlo.co.za/expert-bios/): Anlo was founded by Annja Louca in 2009. From Johannesburg, she now lives in Edinburgh, Scotland. Esmerelda Doman is Anlo’s Executive Director and Annja’s irreplaceable right-hand!
- [About](https://anlo.co.za/about/): Going strong since 2010!
- [Terms and Conditions](https://anlo.co.za/terms-and-conditions/): 1.1. This agreement is entered into between the Client, whose details appear more fully on the quote, as well as Anlo Financial Solutions (Pty) Ltd (hereinafter referred to as “AFS”).
- [Home](https://anlo.co.za/): Making Life Easier and Nurturing Your Business to Ever Greater Success
- [Privacy Policy](https://anlo.co.za/privacy-policy/): 12. If you disclose your personal information to a third party, such as an entity which operates a website linked to this website or anyone other than ANLO, ANLO SHALL NOT BE LIABLE FOR ANY LOSS OR DAMAGE, HOWSOEVER ARISING, SUFFERED BY YOU AS A RESULT OF THE DISCLOSURE OF SUCH INFORMATION TO THE THIRD PARTY. This is because we do not regulate or control how that third party uses your personal information. You should always ensure that you read the privacy policy of any third party.

## FAQs
- [How Can A Financial Services Provider Help My Business?](https://anlo.co.za/faq-items/how-can-a-financial-services-provider-help-my-business/): A financial services provider can assist with accounting, tax compliance, bookkeeping, payroll, financial reporting, and business planning, helping businesses improve financial management while meeting regulatory requirements.
- [Can You Support Businesses That Already Use Xero?](https://anlo.co.za/faq-items/can-you-support-businesses-that-already-use-xero/): Yes. We assist businesses already using Xero by providing bookkeeping support, financial reporting, troubleshooting, and ongoing training.
- [Why Is Financial Accounting Important?](https://anlo.co.za/faq-items/why-is-financial-accounting-important/): Financial accounting provides accurate financial information that supports business planning, lender requirements, tax compliance, and informed decision-making.
- [How Often Should My Financial Records Be Updated?](https://anlo.co.za/faq-items/how-often-should-my-financial-records-be-updated/): Financial records should be updated regularly to maintain accurate reporting, monitor cash flow and meet SARS compliance requirements. Many businesses update their records monthly.
- [What Accounting Services Does My Business Need?](https://anlo.co.za/faq-items/what-accounting-services-does-my-business-need/): The accounting services your business requires depend on its size, industry, and compliance obligations. Many businesses benefit from bookkeeping, financial reporting, payroll, tax services and ongoing financial advice.
- [Do You Support Existing Xero Users?](https://anlo.co.za/faq-items/do-you-support-existing-xero-users/): Yes. We work with both new and existing Xero users by providing setup assistance, training, bookkeeping support, and ongoing accounting advice.
- [Do You Work With Businesses Outside Gauteng?](https://anlo.co.za/faq-items/do-you-work-with-businesses-outside-gauteng/): Yes. Although we are based in Gauteng, we work with businesses across South Africa using cloud accounting software such as Xero, allowing us to provide remote accounting services efficiently.
- [Can A Tax Practitioner Submit My SARS Tax Return For Me?](https://anlo.co.za/faq-items/can-a-tax-practitioner-submit-my-sars-tax-return-for-me/): Yes. A tax practitioner can prepare, review, and submit your SARS tax return on your behalf while helping ensure the information provided is accurate and supported by the required documentation.
- [How Long Should I Keep Tax Records In South Africa?](https://anlo.co.za/faq-items/how-long-should-i-keep-tax-records-in-south-africa/): SARS generally requires taxpayers to retain supporting tax records for at least five years from the date of submission. This includes tax certificates, invoices, receipts, bank statements, and other supporting documentation.
- [When Does SARS Tax Season Start In South Africa?](https://anlo.co.za/faq-items/when-does-sars-tax-season-start-in-south-africa/): SARS tax season for individual taxpayers generally opens in July each year. During this period, taxpayers can submit their individual tax returns through SARS eFiling or the SARS MobiApp. Filing deadlines vary based on taxpayer type and submission method.
- [What is Included in Your Comprehensive Bookkeeping Service?](https://anlo.co.za/faq-items/what-is-included-in-your-comprehensive-bookkeeping-service/): Our comprehensive bookkeeping service includes a variety of tasks such as invoice generation, tracking expenses, managing accounts payable, reconciling bank accounts, and preparing monthly or quarterly financial reports. We take care of these time-consuming tasks, leaving you free to focus on growing your business.
- [How Can I Ensure My Business is Compliant With Tax Laws?](https://anlo.co.za/faq-items/how-can-i-ensure-my-business-is-compliant-with-tax-laws/): By partnering with our team of certified accountants and bookkeepers, you can ensure that your financial records are accurate and compliant with SARS regulations. We handle tax submissions, prepare financial statements, and offer advice on tax planning to help you meet your obligations.
- [Do You Offer Payroll Services for My Staff?](https://anlo.co.za/faq-items/do-you-offer-payroll-services-for-my-staff/): Yes, we provide comprehensive payroll services for businesses with employees. Our services include managing payroll, filing tax submissions, preparing invoices, and handling EMP201 and EMP501 submissions to SARS. This helps ensure that your business stays compliant with tax regulations while saving you time.
- [How Can Bookkeeping Services Benefit My Small Business?](https://anlo.co.za/faq-items/how-can-bookkeeping-services-benefit-my-small-business/): Our bookkeeping services for small businesses ensure that financial records are accurate and up-to-date, allowing business owners to focus on running their operations. These services ensure that all transactions are tracked correctly, making tax filing easier and providing the financial clarity needed to make informed business accounting decisions.
- [How Can I Check the Status of My Tax Refund?](https://anlo.co.za/faq-items/how-can-i-check-the-status-of-my-tax-refund/): To check the status of your tax refund, log in to SARS eFiling and navigate to the “Tax Return Status” section. You will see the progress of your submission and whether your refund has been processed. If you’re unsure or encounter delays, you can also visit a SARS branch or contact their helpline for further assistance.
- [What is Provisional Tax, and Do I Need to Pay It?](https://anlo.co.za/faq-items/what-is-provisional-tax-and-do-i-need-to-pay-it/): Provisional tax is a system where taxpayers pay tax in advance, based on estimated annual income. It applies to individuals earning income outside traditional employment, such as freelancers or contractors. You must pay provisional tax twice a year, with the first payment due in August and the second in February. If you don’t pay provisional tax, you may face penalties or interest from SARS.
- [Can I Claim Tax Deductions for My Home Office?](https://anlo.co.za/faq-items/can-i-claim-tax-deductions-for-my-home-office/): Yes, if you work from home, you can claim certain home office expenses as tax deductions. This includes a portion of your rent, utilities, and internet costs. You must meet specific requirements set by SARS, such as using the space exclusively for work purposes. We can help you determine what’s eligible for deduction and ensure you meet all the necessary criteria.
- [What Documents Do I Need to File My Tax Return?](https://anlo.co.za/faq-items/what-documents-do-i-need-to-file-my-tax-return/): To file your individual tax return, you will typically need:
- [How Do I Know if I Am Required to Submit a Tax Return?](https://anlo.co.za/faq-items/how-do-i-know-if-i-am-required-to-submit-a-tax-return/): In South Africa, if you are earning an income above the tax threshold set by SARS, you are required to submit a tax return. This includes income from your salary, freelance work, or business profits. Even if you are auto-assessed, you should ensure that your tax return is accurate. If in doubt, it’s best to consult with a tax professional to confirm your filing obligations.
- [Will Cloud Accounting Help My Business?](https://anlo.co.za/faq-items/will-cloud-accounting-help-my-business/): Cloud accounting automates financial processes, offering real-time reporting and providing easy access to your financial data. We recommend Xero, QuickBooks Online, ZOHO Books, and Sage Business Cloud to help streamline your accounting and improve financial visibility.
- [Can You Help With My Company’s Tax Returns?](https://anlo.co.za/faq-items/can-you-help-with-my-companys-tax-returns/): Yes, we offer comprehensive tax services for small businesses, including the preparation and submission of tax returns for your company. Our team ensures your tax returns are filed accurately and on time, helping you stay compliant with SARS and minimise potential tax liabilities.
- [Is There a Difference Between a Bookkeeper and an Accountant?](https://anlo.co.za/faq-items/is-there-a-difference-between-a-bookkeeper-and-an-accountant/): Yes, there is a difference. A bookkeeper handles day-to-day financial transactions, keeping records of income, expenses, and payments. An accountant provides a broader range of services, such as preparing financial statements, tax planning, and offering strategic advice to help you grow your business.
- [Should I Review My Financial Statements Regularly?](https://anlo.co.za/faq-items/should-i-review-my-financial-statements-regularly/): Yes, reviewing your financial statements regularly is important for staying on top of your business’s financial health. We recommend reviewing them at least quarterly, but monthly reviews are even better for businesses with tight cash flow or those planning for growth. This helps you spot issues early and make informed decisions.
- [What Are the Benefits of Having an Accountant for My Small Business?](https://anlo.co.za/faq-items/what-are-the-benefits-of-having-an-accountant-for-my-small-business/): Accountants help you optimise taxes by maximising deductions and credits, improve financial planning by assisting with budgeting, cash flow, and growth, and ensure compliance with tax laws to avoid fines.
- [How Can Cloud Accounting Improve My Business’s Financial Management?](https://anlo.co.za/faq-items/how-can-cloud-accounting-improve-my-businesss-financial-management/): Cloud accounting offers increased flexibility and accessibility. You can access your financial data from anywhere, allowing you to monitor real-time performance, manage bookkeeping services, and make data-driven decisions. This system is particularly helpful for businesses that need to track financial information remotely or collaborate with teams in different locations.
- [Can You Help Me if I’m Behind on My Taxes or Bookkeeping?](https://anlo.co.za/faq-items/can-you-help-me-if-im-behind-on-my-taxes-or-bookkeeping/): Yes, we assist businesses that are behind on their tax returns and bookkeeping. Our team works with you to catch up on filings, address any outstanding compliance issues, and create a plan to stay current moving forward. We offer expert tax consulting to guide you through the process and avoid potential penalties.
- [How Often Should My Business Update Its Financial Records?](https://anlo.co.za/faq-items/how-often-should-my-business-update-its-financial-records/): We recommend regularly updating your financial records at least once a month to ensure that your bookkeeping services remain accurate. Frequent updates help prevent errors, simplify tax season, and provide you with real-time insights into your business's financial health. Our cloud-based accounting solutions make this process seamless.
- [How Do I Know if My Business Needs Accounting Services?](https://anlo.co.za/faq-items/how-do-i-know-if-my-business-needs-accounting-services/): If you're struggling to keep track of finances, manage taxes, or meet compliance requirements, financial services can simplify these tasks. Our accounting services for small businesses help you stay on top of essential financial responsibilities like bookkeeping, tax filings, and financial reporting, so you can focus on growing your business with confidence.
- [What Makes Anlo Financial Solutions Different From Other Accounting Firms?](https://anlo.co.za/faq-items/what-makes-anlo-financial-solutions-different-from-other-accounting-firms/): Description text goes hereAnlo Financial Solutions stands out due to our personalized approach to accounting. We tailor our services to the specific needs of each client, offering expert guidance in financial consulting, tax compliance, and bookkeeping. Our focus is on building long-term relationships and helping small businesses, startups, and SMEs thrive through efficient financial management.
- [What is Provisional Tax and How Do I Handle it?](https://anlo.co.za/faq-items/what-is-provisional-tax-and-how-do-i-handle-it/): Provisional tax is a prepayment of income tax made in two installments during the year. It helps businesses and individuals manage their tax liabilities over time, avoiding a large lump-sum payment at year-end. Anlo assists with provisional tax submissions, ensuring you meet all deadlines and pay the correct amount based on estimated income.
- [How Does Anlo Handle Tax Return Submissions?](https://anlo.co.za/faq-items/how-does-anlo-handle-tax-return-submissions/): Anlo takes care of the entire tax return submission process, from reviewing your financial details to preparing accurate filings. Our tax consultants ensure all forms are correctly filled out and submitted on time, allowing you to focus on other aspects of your business or personal life without worrying about tax deadlines.
- [How Can I Know if I Need Professional Assistance With My Tax Returns?](https://anlo.co.za/faq-items/how-can-i-know-if-i-need-professional-assistance-with-my-tax-returns/): You may need professional assistance if your tax situation is complex, involves multiple income sources, or if you're unfamiliar with the filing process. Tax consultants can help simplify the process, ensure accurate filings, and reduce the risk of errors that could lead to complications with SARS.
- [What is the Role of a Registered Tax Practitioner?](https://anlo.co.za/faq-items/what-is-the-role-of-a-registered-tax-practitioner/): A registered tax practitioner is an expert authorized by SARS to assist with all tax-related matters. They help prepare and submit tax returns, offer strategic tax advice, manage payroll taxes, and ensure businesses and individuals comply with tax laws. Their guidance helps minimize penalties and optimize tax liabilities.
- [What Are Tax Services and How Can They Benefit My Business?](https://anlo.co.za/faq-items/what-are-tax-services-and-how-can-they-benefit-my-business/): Tax services help individuals and businesses manage their tax obligations, ensuring compliance with local and international tax laws. Services include filing tax returns, managing VAT, PAYE, and payroll taxes, and offering advice on tax planning strategies. Working with registered tax practitioners ensures that all tax matters are handled efficiently, reducing the risk of errors or audits.
- [Can You Take Over From My Current Accountant?](https://anlo.co.za/faq-items/can-you-take-over-from-my-current-accountant/): Absolutely. We handle the full handover process, including retrieving records, updating statutory documents, and ensuring continuity. Switching to a responsive accounting firm in South Africa can streamline your operations.
- [What Accounting Software Do You Recommend?](https://anlo.co.za/faq-items/what-accounting-software-do-you-recommend/): We typically recommend Xero, but we also support clients using QuickBooks Online, FreeAgent, WAVE, and ZOHO Books, depending on your business size, needs, and budget.
- [Can You Help Me Register a New Business With CIPC?](https://anlo.co.za/faq-items/can-you-help-me-register-a-new-business-with-cipc/): Yes, we offer full company registration services, including CIPC submissions, director appointments, and statutory compliance. Our team ensures your new business meets all legal and accounting requirements from the start.
- [How Much Do Monthly Accounting Services Cost?](https://anlo.co.za/faq-items/how-much-do-monthly-accounting-services-cost/): Our monthly packages start from R2,400 and vary based on your business size and needs. Each package includes Xero software, tax compliance, and ongoing support from our team of chartered accountants.