Tax Season


Tax Season
2018/19 Financial Year End - 1st Notice

2018

Please ensure that you provide all the information listed below to your Destinata Accountant at admin@destinataholdings.com by 1 March 2019, or as soon as possible thereafter. If you are uncertain about anything, contact your accountant immediately.  Be sure to highlight any notable transactions, such as a purchase or sale of a property, new investments or any changes in your structures.

If not, your financial statements might not be completed in time and it can result in unnecessary problems and even penalties with SARS.

People providing their complete documents in time will enjoy priority service.

TAX SEASON NOTICE

PLEASE PROVIDE ALL THE NECESSARY DOCUMENTATION TO COMPLETE YOUR 2019 FINANCIAL STATEMENTS

Family- / Property- / Investment- / Residence- & Share Trusts

Tick

Bank statements from 1 March 2018 to 28 February 2019 (each transaction on the statements must be clearly specified)

 

Latest policies and investment schedules (short- and long term insurance - can be obtained from your broker)

 

Rental statements or breakdown of rental income (i.e. invoices)

 

Bond statements for each property from 1 March 2018 to 28 February 2019

 

Utility bills (rates & taxes, water & electricity, etc.) from 1 March 2018 to 28 February 2019

 

Levy statements from 1 March 2018 to 28 February 2019

 

List of improvements, repairs and maintenance for each property (ensure that there is a clear distinction between improvements and repairs)

 

A copy of the share certificate reflecting the shares issued in the name of the relevant trust

 

Latest CM42 of shares transferred

 

Sale agreement or notification of shares

 

New Properties: Transfer documentation and statement from Transferring Attorney or a copy of the title deed (note that the copy of title deed is obtainable at the bank where the bond is being administered)

 

Asset list:

 

The asset list must be up to date and sent to your accountant

 

List of purchases or disposal of personal assets during this period

 

*Please not that we might ask for additional information not mentioned above

 

 

PLEASE NOTE: Making sure your financial statements are prepared and finalised in time is YOUR RESPONSIBILITY, not the accountant's. The accountants work for you!

 

Regards,
Destinata Accounting Team
admin@destinataholdings.com




 
      Dhrystone
Top