Avoid Tax Penalties, Save Money, Plan for the Future
Freelancers, Independent Contractors & Small to Medium Business Owners - Looking for a Reliable Accounting Partner?
DigMe Solutions is here to help you take back control, simplify your processes, and drive your bottom line to new heights. With our expertise, you can focus on growing your business while we handle the nitty-gritty details. Get in touch with us today and see how we can help you achieve the financial stability and success you deserve. Book your consultation now.
Best Accounting Software
Automate your invoicing, bookkeeping, and taxes with the Xero app.
Say goodbye to hours of repetitive tasks and hello to more time for what you love. Our team of experts will help you get set up with the best accounting software for your business.
Make your life easier by outsourcing time-consuming, repetitive tasks with the Xero app.
Our Services
Jared Buckley | Director | MakeFriendly
“Working with Grant has not only helped me take control of my business but craft a future-proof offering too. I’m more than grateful!”
Answers to your questions…
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Business forms should be selected based on your future growth plans and the way you want your business to operate. You can set your business up for success by getting this right from the start.
For most small businesses, you need to decide between trading as a sole proprietorship or forming/purchasing a private company. Each one offers advantages and comes with an element of administration that needs to be considered
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Registering the business for tax depends on the business type.
Sole proprietors are taxed in their personal capacity on profits made by the business and should be included when the owners prepare their personal tax return.
Companies are taxed separately from the owners and are registered for tax when the business is registered with CIPC.
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We definitely can! Using Xero's beautifully designed accounting software, we will take care of your bookkeeping requirements so you can focus on growing your side hustle into a full-time business!
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If the total value for taxable goods or services is more than R1 million in a 12-month period, then the business must register for Value Added Tax (VAT). A business may also register voluntarily if the income earned in the past 12-month period exceeded R50 000.
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Knowing how much money needs to be set aside for your tax bill can be overwhelming. Get in touch with us for our free assessment of your potential tax liability.