OUR SERVICES

We provide a comprehensive range of accounting services to individuals and businesses across the country.

COMPANY ACCOUNTING & BOOKKEEPING SERVICES

Milestone Generations Consulting Services offers accounting services that are customized to your requirements.

Based on what you need; we offer the following services:

  • Monthly bookkeeping services
  • Management reports and reconciliation
  • Preparation of budgets, as well as reports and tools to help you comply with budgetary targets
  • Cash flow forecasting to help you manage your business
  • Assisting small companies with setting internal controls and procedures.
  • Cloud-based accounting setup and support
  • Compile financial statements for your business, ensuring that your financials are in accordance with IFRS for SMEs or any other relevant reporting framework
  • Production Accountant functions in Entertainment Industry, managing the finances of a film, television, or other production, ensuring it stays on budget and within regulations.
  • Preparation and Submission of VAT
  • Bi-Annual PAYE reconciliations

PAYROLL SERVICES

  • Processing payroll and generating payslips
  • Capturing and submitting monthly PAYE/UIF/SDL (EMP201) returns to SARS
  • Year end reconciliations, issuing of IRP5s tax certificate and EMP501s handling
  • Submissions for UIF and Workmen’s compensations
  • HR support and SARS compliance
  • Bulk Salary Payments on Sage

SECRETARIAL SERVICES

Every start up business must be registered with CIPC to operate legally. Our Team assist business owners by facilitating company registrations with CIPC. We offer the following corporate secretarial services to ensure full compliance:

  • CIPC: We engage with the CIPC on your behalf for all its main functions.
  • Company registrations: We assist business owners in the registration and formalise a new companies ensure compliance.
  • Filing of Annual Returns(AR): We prepare and submit annual returns for our clients and ensure compliance with all regulations.
  • Deregistration: We apply for deregistration for our clients with CIPC.
  • Reinstatements: Our team, has the capability of submitting information and documentation for companies.
  • Company Amendments: We assist with any changes in the companies’ profile and enquiries.
  • Beneficial Ownership: We assist our clients to maintain accurate information by complying with anti-money laundering regulations. Ensuring honesty and transparency in business ownership structures.

SECRETARIAL SERVICES

Our Comprehensive tax services include:

  • Obtaining Tax Clearance Certificate: We do a complete status check with SARS for all registered taxpayers, and will provide you with a complete list of outstanding affairs and good standing.
  • Preparation and submission of corporate and individual tax returns: Our team of experts will assist clients with their tax obligations, ensuring accuracy and timelines to avoid penalties and interest.
  • Handling of tax objective and disputes with SARS: We will assist our clients with incorrect assessments by objecting on their behalf and supporting documentation.
  • Compromise and deferred tax applications: MG will fill and submit on before of the client for arrangement payments and full compliance with SARS.
  • Employers and Employee tax registration: Our Team will assist newly employees starting the company and registration of tax types of companies.
  • Annual Financial and Statutory returns: We will prepare and submit the AFS and Statutory returns.

REGISTRATIONS

We assist you with all the statutory registrations at SARS and the Department of Labour.

SARS:

  • Income Tax
  • PAYE,UIF, SDL
  • VAT

Department of Labour:

  • UIF
  • Workmen’s Compensation

 

IT SERVICES FUNCTIONS

  • Accounting software installation and support
  • Television accounting software installation and support
  • Email and website setup
  • Email and network support
  • Laptop setup and support

BEE STATUS

We are a level 1 Exempt micro Enterprise Contributor and have 100% B-BBEE procurement recognition