In many instances, organizations have statutory obligations to act as tax collection agents for the government. Naturally, governments want to ensure that such organizations properly account for the taxes collected and, consequently, there are stringent compliance requirements. Any noncompliance attracts punitive penalties, significant back taxes and loss of tax relief in some cases. To ensure compliance we carry out tax health checks:
- To accrue the maximum benefit to our clients, we have designed a comprehensive tax health-check that will cover compliance issues with regards to Pay As You Earn (“PAYE”), Value Added Tax (“VAT”), Withholding Tax and Corporation
- To identify areas where the company is not complying with the tax laws and regulations and to advice on how compliance can be achieved.
- To identify tax inefficient areas of the company’s operations and to comment on how greater tax efficiency can be achieved; and
- To identify areas of the company’s operations for which tax advantages are not being utilized.
