Financial Services
Fowler Financial Services is an accounting practice that offers a full range of services for the small to medium sized companies, from VAT Registration for individuals / sole proprietors and companies, annual tax returns for individuals / sole proprietors / companies.
To PAYE registration for individuals / sole proprietors and companies. Fowler Financial Consulting Services is geared to provide tax advice and consulting services to individuals and businesses.
VAT Registration – Individuals / Sole Proprietors
SARS Power of Attorney
Letter of authorisation
Original letter from bank (if account is one month old or less). If account is older than a month, a recent stamped bank statement.
Certified ID (stamp not older than 3 months)
Recent copy of the business municipal account and SARS CRA01
Recent copy of the residential municipal account of individual or representative Vendor and SARS CRA01. If the property is leased, a copy of the lease agreement.
Proof of R50 000 income – invoices to match deposits into bank account
3 months current stamped bank statements
Proof of bank details
VAT remains 15%, but from 2026 the compulsory V AT registration threshold is
R2.3 million, with voluntary registration available above R120,000, according to SARS’s updated 2026 tax material
VAT Registration – Companies
SARS Power of Attorney
Letter of authorisation
Company registration documentation
Original letter from bank (if account is one month old or less). If account is older than a month, a recent stamped bank statement.
Certified ID of representative vendor (stamp not older than 3 months)
Certified ID/s of 2 main members/directors (stamp not older than 3 months)
Recent copy of the business municipal account and SARS CRA01
Recent copy of the residential municipal account of individual or representative Vendor and SARS CRA01. If the property is leased, a copy of the lease agreement.
Proof of R50 000 income – invoices to match deposits into bank account
3 months current stamped bank statements
Proof of bank details
PAYE Registration – Individuals / Sole Proprietors
SARS Power of Attorney
Certified Copy of ID (stamp not older than 3 months)
Original cancelled cheque or original letter from the bank
Letter of Authority – if EMP101e application is presented by registered Tax practitioner
Recent copy of the business municipal account or SARS CRA01 to prove business address
Recent copy of the residential municipal account of individual or representative employer or SARS CRA01. If the property is leased a copy of the lease agreement.
Proof of bank details
PAYE Registration – Companies
SARS Power of Attorney
Certified copy of registration documentation
Certified copy of 2 main members/Directors ID’s (stamp not older than 3 months)
Original cancelled cheque or original letter from the bank
Letter of Authority – if EMP101e application is presented by registered Tax practitioner
Certified copy of Representative Employer’s ID (stamp not older than 3 months)
Recent copy of the business municipal account or SARS CRA01 to prove business address
Recent copy of the residential municipal account of individual or representative employer or SARS CRA01. If the property is leased a copy of the lease agreement.
Proof of bank details
Annual Tax Return – Individuals
IRP5
Medical Aid Tax Certificate (if applicable)
Medical Expenses not claimed from medical aid (if applicable)
Retirement Annuity Certificate/s (if applicable)
Log book (if receive a travel allowance or need to claim vehicle expenses)
Interest certificate/s (if applicable)
Rental Income and Expenses (if applicable)
Capital Gains Tax Certificate (if applicable)
Assets and Liabilities spread sheet (if Rental income received)
Proof of bank details
Annual Tax Return – Sole Proprietors
Bank statements and cash slips
Medical Aid Tax Certificates (if applicable)
Medical Expenses not claimed from medical aid (if applicable)
Retirement Annuity Certificate/s (if applicable)
Log book (if receive a travel allowance or need to claim vehicle expenses)
Interest certificate/s (if applicable)
Rental Income and Expenses (if applicable)
Capital Gains Tax Certificate (if applicable)
Assets and Liabilities spread sheet
Proof of bank details
Annual Tax Return – Companies
Bank Statements and cash slips for applicable tax year
Information is provided as a general guide and should not be regarded as personalised tax
advice.
Tax legislation and SARS practice may change.
Last updated: October 2026
Turnover tax also changed significantly for 2027: the 0% band now runs to R600,000,
then 1% to R950,000, followed by the revised higher brackets.