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1. Is a closed corporation that manages the contracts of contractors and consultants in compliance with the relevant South
    African laws (for example, tax and labour relations).
 
2. Becomes a creditor of the companies it serves and delivers a VAT invoice for services rendered/work delivered.
 
3. Pays salaries via its electronic banking system.
 
 

HB Prinsloo Consulting:

 

•  Provides tax, accounting and payroll management to the individuals contracted to work with us
   (contractors and consultants) and the companies we serve. 
 
•  Structures salaries, calculates PAYE and pays SARS monthly
 
•  Pays salaries to contractors and consultants monthly
 
•  Deducts and pays all statutory costs, for example, UIF,
   PAYE, Workmen’s Compensation fees and Skills
   Development levies, where applicable
 
•  Manages and administers contracts between
   companies and individual contractors and consultants
 
•  Provides personal income tax return for contractors
   and consultants at a minimum annual fee subject to
   terms and conditions
 
•  Provides Income Tax and Labour Relations risk
   management in terms of the respective Acts