Taxation Services

Taxation Services

We take the stress out of tax compliance by providing tax solutions you can rely on. Our team delivers a high level of expertise and experience to ensure your tax is monitored, managed and opportunities are maximised

• Services Tax

• Wage Income Tax (WIT)

• Annaul Income Tax

• Withholding Tax

• Society Security

• Tax Planning

Services Tax

When managing a business that provides hotel service, restaurant and bar service, or telecommunication service, if your monthly turnover is more than $500, employers are required to pay 5% on the monthly turnover. This has a wide range of implications we can assist with:

• Preparation and lodgement of Consolidated Monthly Taxes Form (CMTF)

• Advice on charging services tax and issuing tax invoices

• Accounting for services tax in your business

• Assistance with National Directorate of Domestic Revenue (NDDR) investigations and disputes

Wage Income Tax (WIT)

Employers are required to withhold 10% of the wages of resident employees for any amount exceeds $500 monthly. We can assist with the following:

• Preparation and lodgement of Consolidated Monthly Taxes Form (CMTF)

• Advice on payroll and WIT matters

• Assistance with National Directorate of Domestic Revenue (NDDR) investigations and disputes

Income Tax

We provide expert advice and high level of efficiency to prepare your business and personal tax returns and assist with the wider implications and considerations relevant to income tax:

• Preparation and lodgement of income tax returns

• Expert income tax advice

• Calculation of capital gain

• Assistance with National Directorate of Domestic Revenue (NDDR) investigations and disputes

• Applications for National Directorate of Domestic Revenue (NDDR) private rulings

Withholding Tax

If you are a natural person (company, partnership and trust etc.)and pay rent for the ownership of property or royalties, in general, you are required to withhold tax from the payment. We can assist with the following:

• Preparation of payment schedule and calculation of withholding tax

• Advice on whether you are liable to withholding tax

• Assistance with National Directorate of Domestic Revenue (NDDR) investigations and disputes

Tax Planning

Tax planning is a key aspect that we can help to create wealth and value. We assess your individual needs and projections and formulate a strategy which best suits your current situation. We will conduct regular reviews on your financial requirements to ensure your plan is on track.

• Tax effective structuring advice

• Analysing and arranging your financial affairs to keep your tax to a minimum

• Tax effective investment advice