We provide comprehensive tax planning, management & advisory services to clients. Our aim is to enable you focus on your business operations while we handle your taxation worries.
Our tax services include:
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Personal Income Tax
We handle the following functions on behalf of our clients:
- Collation of the monthly payroll calculations and preparation of the annual summary of the payrolls.
- Completion of the tax return forms and all necessary appendices.
- Preparation of the relevant tax return letters and filing of returns with respective State Internal Revenue Services.
- Forwarding of acknowledged copies of the tax returns to the companies.
- Processing and obtaining of Tax Clearance Certificates (TCCs) on yearly basis for individuals and /or employees.
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Corporate Tax ServicesOur corporate tax services are in two folds (i.e. regular and special assignments.) The regular services are covered under annual retainerships, while separate fees are chargeable for the special assignments as and when the need arises.
- Filing of Annual Returns with the Federal Inland revenue Services (FIRS)
- Handling all tax Correspondences with the FIRS
- Processing and obtaining of tax clearance certificates for clients
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Other Tax ServicesWe are also capable of rendering taxation services not mentioned above to companies, as and when the need arises and for which we shall agree for a separate fee.
FIRS Tax Audits and Investigations
We assist companies during tax audit exercises carried out by the Federal Inland Revenue Service (FIRS).
Inland Revenue Services’ Tax Audits and Investigations
We also attend to, on behalf of clients, audits and investigations conducted by the respective State Inland Revenue Services on yearly basis and periodic basis.- Preliminary review of tax records.
- Sorting out audit documents and facilitating the field audit process.
- Handling all correspondences arising from the tax audit including attending tax audit review meetings.
Ascertainment of Tax Revenue
will obtain from the companies schedules of incomes derived from Nigeria which are subject to VAT in each month.
Value Added Tax Remittance and Returns
We would complete the VAT forms, and file them with relevant tax authorities for each month of assessment.- Review of sales invoices and monthly computation of VAT.
- Facilitation of VAT remittance to the FIRS.
- Filing of applicable VAT Returns.
- Facilitating the processes for the due recognition and use of all applicable Input Tax to offset Output Tax.
Withholding Tax Management (payables)- Review of vendor invoices and computation of WHT payable
- Facilitation of WHT remittance to the relevant tax authority
Withholding Tax Management (receivables)- Verification and computation of total WHT deducted at source
- Management of process for obtaining the relevant WHT Credit Notes
