What are the opening hours?

Monday 08:00 - 17:00 Tuesday 08:00 - 17:00 Wednesday 08:00 - 17:00 Thursday 08:00 - 17:00 Friday 08:00 - 17:00

Brilliant Consultants, Office 8, 2nd Floor, Oude Molen Avenue N, Centurion (2026)

With over 20 years of experience, Juan Beukes, founder and owner of Brilliant Consultants Group, established this business in March 2016 and offers a wide range of services ranging from Accounting, Payroll, Bookkeeping and Information Technology support and maintenance on all legacy and current computerised accounting systems. Brilliant Consultants Group offers a one-stop solution for Small and Medium-sized Enterprises through its tailored packaged Brilliant Business Boxes, which consists of Accounting, Payroll, Information Technology & Consulting. Our team consist of 6 consultants with over 20 years of combined experience in our field. Our Vision
Your PREFERRED Business Partner in Accounting, Payroll, Information Technology & Bookkeeping. Our Mission
To be the BEST Accounting, Payroll, Information Technology & Bookkeeping service provider in South Africa for small, medium and enterprise companies with your preferred accounting and bookkeeping systems and IT infrastructures.

19/12/2024

We wanted to share some good news with you as we approach the holiday season, a time for joy and giving.

Our team recently participated in a volunteering initiative to support those less fortunate in our community.

We spent the day at the Kefilwe Thusano Empowerment - 227-611 NPO collecting and distributing food hampers to families in need. It was a heartwarming experience to see the gratitude and smiles on the faces of those we helped.

Everyone deserves a happy and fulfilling holiday season, regardless of their circumstances. By working together, we can make a positive difference in others' lives.

06/06/2024

We aim to provide products and services that will enhance our clients’ business processes by applying our skills and knowledge.
As a result, we have tailored our business model to allow our clients to self-construct a product or service which they believe will add the most value to their organisation.
Please get in touch with us if you need advice, and we'll gladly assist you. Email [email protected] or call 010 020 6080.

06/03/2024

Beneficial Ownership (BO) Registration with the Companies and Intellectual Property Commission (CIPC). This registration requirement applies to all companies and close corporations in South Africa.

What is Beneficial Ownership?

> A beneficial owner is any natural person who ultimately owns or controls a company or close corporation, even if ownership is not held directly. This includes individuals with:

> > More than 5% ownership in the company or close corporation
Significant influence or control over the company or close corporation, even without direct ownership

Who Needs to Register?

> All companies and close corporations are required to register their beneficial owners with the CIPC. This includes:

> Companies incorporated before and after April 1, 2023
Close corporations

How to Register?

The CIPC has established an online portal for registering beneficial ownership information. You can access the portal and find detailed instructions on the CIPC website:https://www.cipc.co.za/wp-content/uploads/2023/08/USER-GUIDELINES-BO-LEGISLATIVE-REQUIREMENTS_Aug-23.pdf

Key Deadlines

Companies incorporated on or after April 1, 2023, Must register within 10 business days of incorporation.
Companies incorporated before April 1, 2023: Must register within 30 business days of their annual reporting date.
Changes in beneficial ownership: Must be updated with the CIPC within 10 business days of the change.

It is crucial to comply with the beneficial ownership registration requirements to avoid penalties and ensure transparency in your business operations.

Please do not hesitate to contact us with any questions regarding the registration process or require further assistance.

Email: [email protected] or call 010 020 6080.

13/02/2024

Reminder: 2nd Provisional Return Will Be Due 29 February 2024.

Please be advised that the deadline for submitting the 2nd Provisional Return is approaching. All provisional taxpayers must adhere to this deadline to ensure compliance and avoid penalties or repercussions.

The "2nd Provisional Return" refers to the second instalment of provisional tax payments that certain taxpayers must make to the South African Revenue Service (SARS). Provisional tax is a method of paying tax due on income that is not subject to regular PAYE (Pay As You Earn) deductions.

We've included important information below about the 2nd provisional tax return.

1. Who Needs to Pay Provisional Tax?:

Provisional tax is typically paid by individuals who earn income other than salary income, such as self-employed individuals, freelancers, contractors, and business owners. Companies are also required to pay provisional tax.

2. Payment Periods:

Provisional tax payments are made in two instalments during the tax year. The first payment (1st Provisional Return) is due by the end of August, and the second payment (2nd Provisional Return) is due by the end of February.

3. Calculation of Provisional Tax:

Taxpayers are required to estimate their total taxable income for the tax year and calculate the tax due. They then make two equal payments based on this estimate. The final tax liability is calculated when the annual tax return is submitted after the end of the tax year, and any underpayment or overpayment of tax is adjusted accordingly.

4 Penalties for Non-Compliance:

Failure to submit provisional tax returns or pay the required amounts on time may result in penalties and interest charges imposed by SARS.

5 Filing Process:

Taxpayers can submit their provisional tax returns electronically via the SARS eFiling system or manually at a SARS branch office.

6 Tax Clearance Certificate:

Provisional taxpayers may require a Tax Clearance Certificate from SARS, confirming their tax affairs are in order. This certificate may be needed for various purposes, such as tendering for government contracts or obtaining certain licenses.

It's essential for individuals and businesses liable for provisional tax to understand their obligations and to ensure compliance with SARS to avoid penalties and to maintain good standing.

If you need help registering or filing your 2nd provisional tax return, please email [email protected] or call 010 020 6080.

08/02/2024

SARS UNDERSTATEMENT / OVER-CLAIMING PENALTIES

It has come to our attention that SARS has recently intensified its efforts in addressing tax understatements. Understating your income or over-claiming deductions can result in severe consequences, including penalties imposed by SARS.

1. What Constitutes Understatement: Understatement occurs when a taxpayer provides incorrect or incomplete information on their tax return, leading to an understatement of their tax liability.
This can include underreporting income, overclaiming deductions, or any other misrepresentation of financial information.

2. Penalty Calculation: SARS calculates understatement penalties based on the percentage of the understatement.
The penalty rates vary depending on the extent of the understatement, as outlined in the table provided. - Penalties are applied to the amount of tax understated.

3. Appeals and Disputes: Taxpayers have the right to appeal SARS decisions regarding understatement penalties.
Appeals must be lodged within the specified timeframe and should include relevant documentation and supporting evidence to justify the taxpayer's position.
SARS will review the appeal and make a determination based on the merits of the case.

4. Importance of Accuracy: It is crucial for taxpayers to ensure the accuracy and completeness of their tax returns to avoid understatement penalties.
Keeping detailed records and seeking professional advice when necessary can help prevent errors and discrepancies.

5. Professional Assistance: Taxpayers who are unsure about their tax obligations or require assistance in preparing accurate tax returns should seek the help of qualified tax professionals.
Tax consultants or accountants can provide guidance and support to ensure compliance with SARS regulations.

6. Regular Updates: Tax laws and regulations are subject to change, and it's essential for taxpayers to stay informed about any updates or amendments that may affect their tax obligations.
Monitoring SARS announcements and consulting with tax professionals can help taxpayers stay up-to-date with relevant information.

Please note that our company is committed to assisting you in navigating through any tax-related matters. Should you require any assistance or clarification, feel free to contact us; we will be more than happy to help.

Email [email protected] or call 010 020 6080.

Address

Office 8, 2nd Floor, Oude Molen Avenue N
Centurion
0046

Opening Hours

Monday	08:00 - 17:00
Tuesday	08:00 - 17:00
Wednesday	08:00 - 17:00
Thursday	08:00 - 17:00
Friday	08:00 - 17:00

Telephone

+27100206080

Website

http://www.brilliantconsultants.co.za/

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