We provide our expert advise on these services which entails the following scope stated below
FEDERAL INLAND REVENUE SERVICE (FIRS)
VALUE ADDED TAX
- Review of company’s records on monthly basis to determine their input and output VAT.
- Filling of monthly VAT returns
- Attend to any queries on VAT arising from FIRS on behalf of the client
WITHHOLDINGS TAXES
- Determination of withholding taxes deducted from corporate bodies on monthly basis.
- Determination of withholding taxes deducted from the company from the various services rendered.
- Filing of various withhholding taxes on monthly basis.
COMPANY INCOME TAX
- Preparation of proper Tax Planning for the client.
- Computation of Annual Company Income Tax, Education Tax and Capital Allowances computations, as well as determination of Capital Gains Tax payable in respect of disposal of fixed assets .
- Filling of Annual Returns with FIRS.
- Reconciliation of tax liability with FIRS.
- Processing & Procurement of Company Tax Clearance Certificate
TRANSFER PRICING
- Advising on the certainty of transfer pricing treatment
- Providing tax impact on transfer pricing.
- Removal of intra firm / cross border tax evasion.
STATE INTERNAL REVENUE SERVICE (IRS)
PAYE, WITHHOLDING TAXES AND OTHER LEVIES
- Filling of PAYE and Withholding taxes on monthly basis.
- Computation of PAYE Tax to ascertain monthly tax payable
- Filing of all Annual Returns
- Transaction review of financial records.
- Resolution of tax queries or tax audit issue arising from demand notices.
- Processing and Obtaining of both staff and corporate Tax Clearance Certificate.
LOCAL GOVERNMENT/LCDA TAXES
- Advising clients on relevant tax laws on Levies/ Rates/Fees
- Ensuring the client compliance with the harmonized law
- Review the bye laws to ensure there are no multiplicity of tax payments.