SixDigs Accounting was started with the aim of of delivering quality accounting and related services to small- and medium-sized businesses. Excellent, professional service should not be the privilege of only large companies. We are based in Johannesburg and serve clients across South Africa.
SixDigs Accounting was founded, in early 2014, by Salim Khan and the company has since grown substantially. Salim is a qualified accountant (AGA (SA)) with ten years of professional experience.
After 18 months of working in the Accommodation Industry Salim started, in 2007, as an Audit Article Clerk at a small firm in Vanderbijlpark. In 2010 he transferred to a Rosebank auditing firm to advance his knowledge and experience. He started working on audits which required quick solutions and finalisations and was soon promoted to Audit Manager in late 2011.
In January 2013 Salim decided to move into the private sector as Financial Manager for a manufacturing company. During this time he had received many requests from previous auditing clients to assist them with books, catch-ups and taxes. This is what prompted him to start SixDigs Accounting in 2014.
SixDigs Accounting was started with the aim of of delivering quality accounting and related services to small- and medium-sized businesses. Excellent, professional service should not be the privilege of only large companies. We are based in Johannesburg and serve clients across South Africa.
SixDigs Accounting was founded, in early 2014, by Salim Khan and the company has since grown substantially. Salim is a qualified accountant (AGA (SA)) with ten years of professional experience.
After 18 months of working in the Accommodation Industry Salim started, in 2007, as an Audit Article Clerk at a small firm in Vanderbijlpark. In 2010 he transferred to a Rosebank auditing firm to advance his knowledge and experience. He started working on audits which required quick solutions and finalisations and was soon promoted to Audit Manager in late 2011.
In January 2013 Salim decided to move into the private sector as Financial Manager for a manufacturing company. During this time he had received many requests from previous auditing clients to assist them with books, catch-ups and taxes. This is what prompted him to start SixDigs Accounting in 2014.
- Monthly processing of accounts.
- Detailed management accounts with tax calculation.
- Debtors and creditors.
- VAT201 submissions.
- Monthly payslips.
- EMP201 submissions.
- For businesses who have an in-house finance department, but require a third-independent party to review.
- We also advise on tax-planning and smooth-lining of internal controls and processes.
Compilations and Independent reviews for:
- Companies.
- Close Corporations.
- Trusts (Inter-vivos, Testamentary, Special).
Reconciliation between the payroll system and the monthly EMP201’s.
Due dates are:
- End of October: this is the first EMP501 for March to August.
- End of May: this is the final EMP501 for September to February.
Due dates are independent and not linked to Financial Year Ends of companies.
- The IRP5’s are issued in May, with the final EMP501 reconciliation.
- Summary of remuneration, PAYE paid and fringe benefits.
- Family Trust registrations and amendments.
- Company registrations.
- PAYE.
- VAT.
- COID.
- CIBD.
- Income tax returns.
- Provisional tax returns.
- Companies and Close Corporations.
- Trusts.
- Companies and Close Corporations.
- Trusts.
- Annual returns.
- Director changes.
- Company de-registration.
Should there be a query or issue on an assessment or statement of account, we will lodge the objection on behalf of our client and strive to resolve the issue.
- Monthly processing of accounts.
- Detailed management accounts with tax calculation.
- Debtors and creditors.
- VAT201 submissions.
- Monthly payslips.
- EMP201 submissions.
- For businesses who have an in-house finance department, but require a third-independent party to review.
- We also advise on tax-planning and smooth-lining of internal controls and processes.
Compilations and Independent reviews for:
- Companies.
- Close Corporations.
- Trusts (Inter-vivos, Testamentary, Special).
Reconciliation between the payroll system and the monthly EMP201’s.
Due dates are:
- End of October: this is the first EMP501 for March to August.
- End of May: this is the final EMP501 for September to February.
Due dates are independent and not linked to Financial Year Ends of companies.
- The IRP5’s are issued in May, with the final EMP501 reconciliation.
- Summary of remuneration, PAYE paid and fringe benefits.
- Family Trust registrations and amendments.
- Company registrations.
- PAYE.
- VAT.
- COID.
- CIBD.
- Income tax returns.
- Provisional tax returns.
- Companies and Close Corporations.
- Trusts.
- Companies and Close Corporations.
- Trusts.
- Annual returns.
- Director changes.
- Company de-registration.
Should there be a query or issue on an assessment or statement of account, we will lodge the objection on behalf of our client and strive to resolve the issue.
We often find ourselves having to explain to businesses why it is important to have your accounting records up to date – SME’s in particular. If you have someone who is full-time employed to perform these functions we would say that you are almost getting the full value. You still need to assess the impact, of decisions, on cashflow, VAT & income tax. Staying up to date with the amount of VAT you need to pay and what possible impact your provisional tax will have on cashflow (and whether the business can handle the needed provisional tax) is essential.
So many business are not prepared for their VAT and Income-/Provisional tax payments and this can leave the business with penalties and interest on the respective accounts. Yes, these penalties can ordinarily be cleared quite easily with an objection, but remember that SARS has a “Pay-first-object-later” approach and philosophy. If you are using an independent accountant or bookkeeper; you will need to assess what you are paying for. Does the fee justify the service? Too small a fee is also not always a good indication. An independent accountant has industry-wide exposure and in-depth tax knowledge which is at your disposal.
The value of processing monthly accounts and the reports generated is vital. It is also required by the Companies Act. In addition to this; covers your business by obtaining the service of a registered accountant or bookkeeper. Accountants can be registered with : SAICA; SAIBA & SAIPA (there are other regulatory bodies, but do proper research). Bookkeepers can be registered with ICBA. The importance of having a registered independent bookkeeper/accountant protects your business when you feel that you have been wronged in some way. Registered accountants and bookkeepers are obligated to stay up to date with professional development, law, compliance and taxes.
Our office hours are from 08:00 – 16:30, Monday to Friday.
SixDigs Accounting
Salim Khan (AGA(SA))
SAICA #10007652
Send us a message
Our office hours are from 08:00 – 16:30, Monday to Friday.
SixDigs Accounting
Salim Khan (AGA(SA))
SAICA #10007652
Send us a message
Our office hours are from 08:00 – 16:30, Monday to Friday.
SixDigs Accounting
Salim Khan (AGA(SA))
SAICA #10007652
Send us a message