A business owner and an advisor in conversation across a desk in a bright office overlooking Table Mountain

Frequently Asked Questions

Straight answers to the questions businesses ask us most. Can’t find yours? Get in touch.

Working with DMG

What does DMG Advisory Services help with?

We help South African businesses with SARS tax debt, tax compliance, SARS disputes, accounting, CIPC company matters and COIDA employer compliance.

How do I get started?

Book a consultation and tell us briefly what you are dealing with. We will explain your options before any work begins.

What should I have ready for a consultation?

Any recent correspondence from SARS, CIPC or the Compensation Fund, plus your business details. If you are not sure what is relevant, bring what you have.

Is my information kept confidential?

Yes. We handle your information confidentially. See our Privacy Policy.

SARS & tax

What happens if I owe SARS?

Interest and penalties are added and SARS can take collection steps. Read what happens if you owe SARS.

Can I pay SARS in instalments?

SARS may agree to a payment arrangement where you cannot pay in full immediately.

What is a TCS PIN?

A PIN that lets third parties verify your tax compliance status. Read what a TCS PIN is.

How long do I have to object to an assessment?

Generally 80 business days from the date of assessment. See objections and appeals.

Accounting

Can you catch up on outstanding bookkeeping?

Yes. We bring backlogs up to date and then keep records current. See bookkeeping.

Does my company need an audit or an independent review?

It depends on factors such as your public interest score. See independent reviews.

CIPC

When are CIPC annual returns due?

Generally within 30 business days after the anniversary of registration. See annual returns.

What is beneficial ownership?

The individuals who ultimately own or control a company. Read beneficial ownership explained.

Can a deregistered company be restored?

In many cases it may be possible. See company reinstatement.

COIDA

Who must register for COIDA?

Generally, employers with one or more employees. Read how COIDA registration works.

How do I get a letter of good standing?

Be registered, submit your returns of earnings and pay assessments. See letters of good standing.

Can’t find your answer?

Contact Us

Still have a question?

Book a consultation or contact us and we will help.