1. Taking Care of the Legal Stuff
Tyronne Nel - PheZulu Business Management & Catherine Young – Thinkroom Consulting

2. Meet Tyronne Nel | tyronne@phezulu.net
Founder of PheZulu Business Management
20 years experience in SME development
Created first SME business management franchise in RSA
Passion for helping entrepreneurs take their ideas from conception to success
Successfully franchised to assist SME’s on a national level
Performs all back office functions so you can do what you do best - run your own business

3. Meet Catherine Young | ‏@CatherineHYoung
Owner – Thinkroom Consulting
SME development across all industries and sectors
SME development strategies for corporate organisations
Background
Corporate companies: Shoprite, Chevron, Deloitte, Ariba
Twenty years experience in various positions held relating to supplier and small business development

4. What are “Statutory Requirements”?
Income Tax
UIF
Workman’s Compensation
Skills Development Levy (SDL)
Pay as you earn (PAYE)
VAT

5. Statutory documents to be submitted annually
Income Tax
3 forms (IRP6/1, IRP6/2 and IT14- Sole Proprietors included
UIF
12 forms (1 x UI-19 form for each month)
Comp Com
1 form submitted annually
PAYE
14 forms (1 x EMP201 form p/m & 2 x EMP501 recon forms)
SDL
Covered by PAYE form
VAT
6 forms (1 x VAT201 for each VAT cycle)

6. Tax clearance certificate
Further registrations at various business stages
Annual return
BBBEE certification
Tax clearance certificate
PAIA manual
Employment equity

7. SARS website: www.sars.gov.za