Through legal deductions.
No late filing fines.
We handle SARS queries.
Industry Challenges We Solve
Specific industries face specific financial hurdles. We understand the context of your sector.
Unexpected dominance of tax bills
Difficulty getting vehicle or home finance
Mixing personal and business expenses
Fear of SARS audits
Weak support for home office or travel claims
Unclear split between salary, drawings, and practice profit
"I can focus on patients knowing that my tax and practice finances are being monitored by professionals."
Use Cases
- Medical Practitioners
- Legal Professionals & Advocates
- Engineers & Architects
- IT Contractors & Freelancers
Prerequisites
- Income Statements
- Expense Records
- Investment Certificates
- IRP5 or IT3 Certificates
- Practice Bank Statements
- Vehicle Logbook Where Relevant
Services Included
- Provisional Tax Estimates & Filing
- Personal Income Tax Returns
- Annual Financial Statements
- Trust & Estate Planning
- Expense Optimization Review
- Retirement Annuity Tax Planning
- Practice Income and Expense Review
- Vehicle and Home Office Claim Assessment
- Director or Sole Proprietor Tax Position Review
Compliance & Context
We support SARS compliance and the finance-related record keeping expected by professional environments such as HPCSA-regulated practices and LPC-regulated legal practices, especially where trust money, client billing, personal tax, and practice income overlap.
Professional income is often mixed across salary, consulting fees, practice income, retainers, investments, and reimbursements. That makes provisional tax harder if the records are only rebuilt once a year.
We review income sources together so the tax estimate is based on current information, not guesswork. This also helps identify valid deductions, weak claims, and records that should be improved before SARS asks for proof.
- Salary, consulting, and practice income reviewed together
- Provisional tax estimates based on current records
- Deductions checked before returns are submitted
Doctors, attorneys, consultants, and freelancers often carry personal and practice costs through the same month. The records need enough separation to explain business expenses, owner drawings, reimbursements, client money, and tax-sensitive claims.
This is especially important where trust accounts, medical practice income, home office claims, vehicle claims, or director loan accounts are involved. Clean separation protects the claim and makes management decisions easier.
- Personal, practice, and client-money records separated
- Home office, travel, and professional costs supported
- Practice growth planned around tax and cash flow
How We Work
A structured approach designed for your industry.
We analyze employment income, practice income, consulting fees, retainers, investment income, prior SARS assessments, and current provisional tax exposure.
We review the mix of salary, dividends, sole proprietor income, company profit, deductions, retirement annuity contributions, and cash set aside for tax.
We submit provisional tax, personal tax, company tax, VAT, or payroll returns where relevant, with records that support the numbers claimed.
We check valid deductions and allowances such as business travel, home office use, professional fees, equipment, subscriptions, and practice expenses.
We help plan for long-term wealth creation, practice growth, asset sales, retirement contributions, and the tax effect of moving between employment and independent practice.
Specialist Insights
Professionals often overpay tax by failing to structure their practice correctly (e.g., Sole Prop vs. Inc).
Provisional tax penalties are severe (up to 20% for underestimation); accurate forecasting is essential.
Personal tax and practice tax should be reviewed together because drawings, reimbursements, and deductions often overlap.
Professionals with variable income need live records before February and August, not a once-a-year tax reconstruction.
Clean practice records make it easier to support home office, vehicle, equipment, membership, and professional fee claims.
The right structure can change as a practice adds staff, equipment, rooms, retainers, or recurring client work.
Personal wealth decisions should be checked against tax timing so retirement, investment, and practice cash flow stay aligned.
Common Questions
I'm a provisional taxpayer. What does that mean?
It means you earn income other than a salary, such as consulting fees, practice income, rental income, or investment income, and must estimate and pay tax during the year. Poor estimates can trigger penalties, so current records matter.
Can I deduct my home office expenses?
Strict rules apply. We assess whether the space is used regularly and exclusively for trade, whether your work arrangement supports the claim, and whether the supporting records are strong enough for SARS review.
Do you handle trust accounts for attorneys?
Yes, we can assist with accounting for Section 86 trust accounts and related practice records, with attention to Law Society requirements, client money separation, reconciliations, and reporting discipline.
Can you manage both personal and practice tax?
Yes. We align personal tax, practice income, provisional tax, VAT where relevant, payroll where relevant, and deductions so the full position is clear instead of treating each return in isolation.
What records should professionals keep?
Keep invoices, receipts, bank statements, investment certificates, logbooks where relevant, proof for business-use claims, professional membership fees, medical practice expense records, and documents supporting income from different sources.
Should a professional operate through a company?
Sometimes. A company can help with risk, continuity, staff, and retained profits, but it also adds CIPC, payroll, accounting, and tax administration. We compare the practical tax and compliance effect before changing structure.
How do you estimate provisional tax for variable income?
We use current income, prior assessments, expected billings, practice expenses, investment income, and known deductions to build a reasonable estimate. This reduces the risk of underestimation penalties when income is uneven.
Can you help doctors with practice bookkeeping?
Yes. We help separate consultation income, medical aid receipts, locum costs, equipment, rent, staff costs, and owner drawings. Clean practice records make provisional tax, VAT checks, and finance applications easier to support.
Can you help attorneys separate trust and business records?
Yes. We focus on keeping trust and business records distinct, with reconciliations and support schedules that reduce the risk of mixing client money with practice operating cash. The accounting process must respect the professional rules.
What if I earn salary and consulting income?
We combine IRP5 income, consulting invoices, deductions, provisional tax estimates, and investment certificates into one tax view. This helps avoid underestimating tax because PAYE on salary does not cover all income.
How should vehicle claims be handled?
Vehicle claims need a proper logbook and a defensible split between business and private use. We review whether the claim is worth making and whether the records are strong enough for SARS.
Can you help before a SARS verification?
Yes. We organise supporting documents, reconcile the figures submitted, identify weak claims, and prepare responses where SARS requests proof. The best defence is having records that match the return before verification starts.
Can you support professionals moving into private practice?
Yes. We help with entity choice, tax registration, bookkeeping setup, VAT timing, payroll planning, and the split between personal and practice finances so the move is structured before income becomes complex.