Our Services

Our aim is to help you improve your financial reporting and provide you with the assurance that your financial and management systems which are in place to operate effectively and efficiently. Any problems that will be identified will be reported to you together with recommendations how your systems can be improved. This will improve your business performance. We will stand by your side on any decisions taken. Our audit strategy is tailored to suit the size and nature of your business. Our industry knowledge and experience is a plus for the audit of your business. Our understanding of South African regulations and legislation and International Financial Reporting Standards (IFRSs) can also help you with complex financial reporting of your business. Our Audit and Assurance services include the following:

• Statutory audit of Financial Statements
• Assistance with the preparation of financial statements and consolidated financialstatements in accordance with International Financial Reporting Standards (IFRSs)
• Internal control reviews and design
• Internal audit
• Special Audit and Due Diligence Reports

Our Direct and Indirect Tax services aim to help our clients, both companies and individuals, identify key tax planning opportunities, and develop their tax strategies and to minimize their tax liabilities and obligations. We keep track of the changes in Tax and VAT legislation in order to be aware of any direct and indirect Tax opportunities for our clients.

Our Direct and Indirect Tax services include the following:
• Tax planning services for companies, individuals and trusts
• Preparation and submission of Tax Returns for companies, individuals and trusts
• Preparation and submission of Capital Statements
• Advice for Double Tax Avoidance
• Negotiation of Tax Cases with the Tax Authorities
• Request for Tax Clearance Certificates
• Payment of Taxes
• Capital gains tax services
• International tax planning
• Social insurance contribution services
• Preparation and filing VAT returns
• Help with the compliance with VAT regulations
• International VAT planning

Our goal is to reduce our clients’ payroll administration and to offer a fully managed payroll service in accordance with the Income Tax Act 58 of 1962 , the Value-Added Tax Act 89 of 1991 and requirements set out by the Department of Labour.

Our payroll Services include the following:
• Maintaining the details of a company’s employees
• Calculating and making payments and deductions to the employees and the Authorities
• Preparing tax returns
• Keeping up-to-date with regulations and guidelines affecting expatriate employees
• Consulting on taxation issues regarding expatriate employees
• Liaising with the income tax authorities and the Department of Labour
• Preparation of IRP’s
• Preparation and submission of P.A.Y.E. return

Good business management is the core of a successful and profitable company. We agree with the American entrepreneur, Vivek Whadhwa when he says: “A key to achieving success is to assemble a strong and stable management team.” GKL assist companies in monitoring and leading them to higher success.

Our Business Advisory and Consulting services include the following:
• Restructuring of companies
• Company valuations
• Feasibility studies and business plans
• Computerization of accounting department
• Advice on accounting systems selection
• Human resource services and management
• Management consulting
• Business recovery and monitoring the compliance of the strategic plan

Our Corporate and Administrative services aim to save you some time from the administrative work that needs to be carried out and so have more time to deal with the management and future of your business.

Our Corporate and Administrative services include the following:
• Preparation and filing of Annual Returns and other records
• Maintaining Shareholders Registry
• Secretarial Services on an annual basis
• Services regarding the filing of corporate changes to CIPC and issue of certificates
• Formation of companies and other forms of businesses
• Preparation of minutes in relation to the meetings held by the Board of Directors and Shareholders

We provide best practice estate planning solutions to people who wish to protect and preserve wealth for themselves and their families. Many of our clients are referred by financial planning and accounting professionals seeking the best estate planning solutions for their clients. Others are referred by friends and colleagues who have experienced the peace of mind and value of our advice and service. For your benefit we work together with your professional advisors to understand and address complex legal, financial and family issues. The result is soundly planned and implemented estate planning strategies that offer you the following benefits:

• Certainty in the fulfilment of your wishes
• Tax-efficient transfer of the control of your wealth
• Reduced potential for interference from disgruntled claimants, and
• Protection for beneficiaries in need.

Your Will
A simple Will can often turn your estate into a very expensive nightmare for your executors and beneficiaries. When dealing with very important modern estate planning
issues, ask yourself these questions:
1. Does your Will make it easy for your beneficiaries to save the potentially very significant Income and Capital Gains Tax arising from your estate?
2. Does your Will protect each of your beneficiaries from losing their inheritance to bankruptcy, or offer protection to a beneficiary going through a relationship breakdown?
3. Who gets your retirement benefits when you die?
4. Will all your children be treated equally under your Will?
5. Who gets control of your family trust and the assets held by it?
6. Did the person who prepared your last Will ask “are you happy to allow the wealth that you have worked for to be squandered by an immature or vulnerable beneficiary?”

Modern Wills, incorporating discretionary testamentary trusts, can greatly enhance the value of the inheritances you leave by providing your beneficiaries with the ability to eliminate or reduce the array of taxes they may have to deal with, and at the same time simply and cost-effectively wrap up their inheritances with secure protection from the claims of creditors, spouses, etc, so their inheritances can be easily kept and passed down within the family. GKL will assist the nominated executor or executrix under a duly appointed mandate to administer and wind-up deceased estates.