IT & Software
Project profitability, export GST refunds, cross-border tax and finance support for IT companies.
Software and IT service businesses are people-intensive. Cost per billable hour, utilisation and project margins are the key measures, and export of services raises GST refund and foreign exchange questions.
Typical requirements
Costing
- Cost per employee and per billable hour
- Project and client profitability
- Bench cost analysis
Tax
- Export of services under LUT and refund of credit
- Withholding tax on software and cloud payments abroad
- Employee stock option taxation
Finance
- Investor reporting
- Virtual CFO support
- Fixed asset tagging for laptops and equipment
Relevant services
MIS Reporting
Monthly management information packs: profitability, working capital, cost trends and key performance indicators.
Fixed Asset Verification
Physical verification, tagging and reconciliation of fixed assets with the fixed asset register.
GST Refunds
Refunds of accumulated credit on exports and inverted duty structure, and of excess cash balance.
Tax Advisory
Opinions on the tax treatment of transactions, transition to the Income-tax Act, 2025 and international payments.
Virtual CFO Services
Part-time finance leadership: reporting, controls, budgeting, compliance oversight and lender relations.