Tax Compliance Services
Our Tax Compliance Services include preparation, review and filing of monthly and annual tax returns. This includes withholding taxes, PAYE tax, value added tax, corporate income tax, and transfer pricing.
Withholding tax – We help clients to review their expenses for the month to ensure that payments that attract withholding taxes are identified. We also assist them in applying the correct withholding tax rates, preparing the schedule and filing the return by the due date.
PAYE tax – We assist clients tin preparing monthly payroll or validating the payroll. We provide shadow payroll services and help clients to correctly gross net amounts up to pay to correct tax.
Corporate income tax – We ensure our clients meet all their compliance requirements. From filing the initial estimate, monitoring and revising it when needed, and making the quarterly payments on time. Our systems flag non-deductible expenses to ensure the correct calculation of the final tax. We advice on what expenses are not deductible or may result in debates with the tax authority using practice, court judgments and experience from other countries.
Tax Accounting Services
We assist businesses to accurately report that corporate tax numbers. This includes
- calculating the current tax expense to book for the period;
- calculating the deferred tax position for the year;
- preparing journal entries to ensure the tax accounts reflect the tax calculations;
- preparing the income tax note for financial statements;
- deriving the effective tax rate;
- performing true-up to ensure tax provisions reflect filed tax returns; and
- assessing uncertain tax positions.
We rely on models and tools to guarantee efficiency thereby reducing cost associated with these services.
Tax Advisory Services
We assist businesses in navigating complex and risky transactions. Our advisory services include
- reviewing contracts for potential tax implications;
- performing tax health checks to identify and rectify any compliance issue;
- performing tax due diligence;
- advising on effects of change in ownership of a resident company;
- preparing position papers;
- answering queries relating to registration and compliance with VAT laws;
- answering specific tax-related questions
We combine our experience with a rich knowledge database and technology to deliver high quality advice at very competitive fees.
Tax Controversy and Dispute Resolution Services
We assist businesses to avoid controversies with the tax authority. Where there is an existing dispute, we ensure the business is properly represented and aware of all legal remedies available to the business. Our services include:
- reviewing information requested by the tax authority during an audit
- attending audit meetings;
- raising timely objections;
- appearing before objection panels;
- representing the taxpayer before the Independent Tax Appeals Board; and
- serving as expert witness for the taxpayer either at the ITAB or the High Court.
- We ensure reconciliation issues do not raise to the level of a tax decision. We advise businesses on chances of success of issues raised during an audit based on the law, practice and precedent.
