TAX CONSULTING

• The process must consider that taxation has its own concepts and complexities;
• Tax expert involvement is required throughout the process;
• The process must be flexible in order to deal with exceptions;
• The necessary controls must be in place to ensure the completeness and accuracy of the results;
• Manual intervention must be kept to a minimum; and
• A full audit trail must be kept.

Our services around the taxation of financial instruments therefore extend further than our software solutions. It also includes the following consulting services:

• the audit of the calculations produced by tax solutions;
• the preparation of data and the migration thereof to a tax software solution;
• the preparation of a detailed specifications for in-house tax software solutions;
• the preparation of correspondence with SARS regarding interpretation issues;
• the preparation of test packs for tax software solutions;
• providing an outsourced service for the calculations of tax figures on a periodic basis (as required);
• the monitoring of new legislation and the assessing of the impact thereof on tax solutions;
• presenting new legislation changes in a seminar to tax system users; and
• providing corporate action information for the proper classification and treatment of transactions.