TAX SERVICES

There is now increased government interest in, and monitoring of tax payers (individual and corporate) and enforcement of tax laws regarding the common taxes, viz.:

  • Personal Income Tax (direct/PAYE)
  • Companies Income Tax
  • Education Tax
  • Value Added Tax (VAT)
  • Withholding Tax ( WHT)

As the saying goes, “ignorance of the law is no excuse”. Being a very significant matter, tax needs to be managed to strike appropriate balance between non-compliance and over-payment, and also avoid being exploited by dubious or over-zealous tax officials

Besides, Nigeria currently operates self-assessment system of tax, by which you are expected to determine, and pay, your tax liability. No one likes to pay more than the least possible tax, and as your partner, we are committed to saving you as much as possible in tax money.

We are certified tax professionals with vast and diverse experience in tax services which we are ready to deploy to the service of our valued clients, from complex tax planning strategies for businesses to basic income tax preparation for individuals.

We keep tabs on changes to the tax laws so we can offer relevant tax planning solutions and accurate tax preparation services to our clients.

We invite you to contact us now at 23418033431042 to learn more about how we can help you save money on your taxes.

 

Business Tax Preparation

Business tax preparation and filing is a core service offered to our clients.

We assist you to comply with Taxpayer’s income tax and VAT registration requirements and TIN procurement or re-validation. Whatever the size of your company, a properly prepared tax return can be filed to minimize the tax owed.

We compute Capital allowances, as well as loss and other relevant reliefs to optimise tax deductions. We also procure Tax Clearance Certificate for the company, to certify compliance. We leverage on our experience and understanding of tax laws to obtain maximum deductions for your business so your business can realise higher profit margins.

 

Income Tax Preparation for Individuals/ Sole Traders

We can help you do your personal income tax return  right, and on time to avoid penalties:

  • We will check your completed form, or help you complete it, if need be.
  • Your tax return can be filed for you by us.
  • We make payment of the assessed tax and levy and obtain relevant receipts.
  • We process and obtain for you, after payments, an updated tax card.
  • We will get you to adjust your payroll appropriately to get optimum deductions.
  • If you own a small business or are a sole trader running an own business as an individual, your tax obligations are as follows:
  • registration with the Federal Inland Revenue Service for and payment of  Value Added Tax;
  • payment of personal income tax on  profits of the business by completing and filing a self-assessment tax return with the State Inland Revenue Service each year;
  • registration for, monthly deduction, and remittance to the State Inland Revenue Service of pay-as-you-earn (PAYE) tax of employees;
  • maintaining detailed financial records for your business, including back up documents (bills, receipts, invoices, etc) of expenses.

We can work with you to ensure full compliance with the foregoing obligations and help you set up an easy system that allows you to keep your books up to date going toward.

 

Tax Planning Services

Updates in the tax laws can lead to potential savings for both businesses and individuals, if you’re aware of these changes and know how to apply them in your case. We’re always searching for new tax planning strategies so we can minimize tax obligations for our clients.

 

IRS Tax Problem Resolution

Default in filing your taxes can occur for many reasons. Whatever the reason, the most important first step is to get up to date and file your back returns. The IRS will not allow you to use other tax debt relief options like Installment Agreement or issue you a Tax Clearance Certificate until your back taxes are filed, and can even put pressure on you to collect a heavy tax debt with a lien, levy or wage garnishment.

We will work with the IRS on your behalf to resolve any past issues, file your back taxes and do all we can to minimize your back tax debt and any associated interests and/or penalties, and set up a reasonable payment plan you can afford.

We can also represent you in a tax audit and walk you through the process.

Please contact us, and we’ll reach out to you to see how our firm can work with you to improve your finances, help with tax issues, and more.