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The Supremacy Group launches Pay-As-You-Trade (PAYT)

An accounting, tax and payroll solution to enable small businesses to grow and succeed

By Adv. Carien van Dijk – Tax Director at The Supremacy Group

Since the increase of the VAT rate earlier this year, we have noticed that small businesses struggle to keep their heads above water. It all starts with the struggle to get payments from clients and this soon spirals into a whirlwind of issues, as you try to get additional jobs in to cover the overheads. The time for administration is not a priority, but the potential of SARS knocking at your door is keeping you wide awake at night.

The Pay-As-You-Trade (PAYT ™ pending) initiative finally allows small businesses to afford outsourcing their accounting, tax and payroll administration to the right specialists. The initiative is simple, we invest our time and resources in your business, without you having to give up any shares to us. If you have a slow month, our fees go down to help you out, but you still get the same service. As you grow, our fees grow with you – therefore we do everything in our power to help you grow as we have a direct interest in the success of your business.

Here is an overview:

  • You get a dedicated accounts manager.
  • For each service type, you get a separate dedicated specialist that conducts the work. This ensures that your finances are in the most knowledgably hands.
  • We carry all the accounting, tax and payroll software license fees monthly on your behalf.
  • Our fees are based on the amount of transactions you have per month.

Example package: If you have only 50 transactions per month and require payroll for only one person, for only R1,213 per month (incl. VAT) you get all of the below:

The moment you exceed the accounting transactions limit or payroll limit, the fee will increase per transaction, and if you go down in any month (i.e. decrease transactions or employees), the fee will decrease again. The prices excludes any historical work that needs to be conducted.

The PAYT principle has been tested on several of our clients this past year, and the reviews were overwhelming positive, that is why we decided to extend this now to other businesses. You will notice that with the PAYT initiative you can save thousands of rands for your business, as you do not have any license fees, salary fees or labour issues (to employee a person to do this in-house), and you can rest assure that we will keep your business compliant as we have a legislative obligation to do so as registered practitioners.

For any enquiries on this, contact us directly on info@thesupremacygroup.com or 0127551847 or whatsapp us on our business account: 073 655 4009.

The Supremacy Group are proud Partners of the NSBC.