The company specializes in the provision of highly dependable professional services ranging from accounting, tax and auditing services. It was established in the work of an escalation of lack of financial reporting, global economic crisis and the need for good corporate governance.
Chartered Accountants
Highly Reachable
Highly Professional
“7 years of experiences
in Accounting Fields”
years of experience
Professional advices
happyClients
Our professional service is highly in demand as accounting officers and auditors are frequently needed in any legal entity. Such services are even more important to small entities where it is very difficult to access quality and timely service from other auditing firms.
All our service are customizable and can be configured to meet a wide variety of customer needs.
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What is accounting and why is it important?
Accounting is often called the "language of business" because it deals with interpreting and communicating information about a company's operations and finances.
Accounting is extremely important to any company because the financial information, as interpreted by CAs, allows executives to make informed business decisions-decisions that help those companies become more successful.
Economic events are measured and described by accounting. Everyone works with and uses accounting ideas, whether they're managing a business, investing money, or just deciding how to spend their paycheck.
In business, accounting links the past with the future. It provides decision-makers information about recent financial activity, as well as information and recommendations useful for forecasting future events.
What is Turnover Tax
Turnover tax is a simplified tax system for small businesses with a qualifying turnover of not more than R1 million per annum. It is a tax based on the taxable turnover of a business and is available to sole proprietors (individuals), partnerships, close corporations, companies and co-operatives. Turnover tax takes the place of VAT (in the instance that you have not decided to elect back into the VAT system), provisional tax, income tax, capital gains tax, secondary tax on companies (STC) and dividends tax. So qualifying businesses pay a single tax instead of various other taxes. Its elective so you choose whether to participate
How can Licksman Accounting Services Help You?
We offer the following services: