It has always been said that there are two “things” that no one can avoid i.e. death and taxes!
Tax returns Filing – Compliance
Every business needs to file tax returns each year.
We ensure that our clients are aware of all pertinent deadlines. Our tax return services covering company, personal, trust and estate schemes remove the inconvenience and risk of filing tax returns incorrectly. What’s more, we remind our clients of pertinent and applicable due dates in each relevant tax year and of potential tax liabilities well ahead of time.
Value Added Tax (VAT)
The penalties for falling foul of VAT Laws and Regulations are severe. Our tax department offers guidance in unfamiliar areas such as VAT registration, VAT returns filing etc.
We offer a full range of services to cover every situation business entrepreneurs may encounter. We ensure our clients explore all planning opportunities whilst meeting legal obligations.
Under the Self-Assessment System regime, individuals and companies are responsible for their own tax returns. As well as ensuring that our clients comply with the tax rules and legislation, we provide our clients with sound planning advice to help them hold on to the rewards of their hard earned money.
Tax planning services
Everyone feels they are paying too much tax, usually because they are paying too much tax! This is often true.
Tax planning is an excellent opportunity to increase the bottom line of a business. In no other area can good advice and planning save so much of our hard-earned money. Because we work so closely with our clients, we identify many opportunities to save money through astute tax planning whilst complying with the tax legislation at all times.
Our services cover all taxes that affect businesses, bearing in mind that tax is a “business” cost. Our goal is to optimise their tax payable. Our partners/directors develop a clear tax planning strategy for all our personal and corporate clients. Our comprehensive tax planning services cover all stages of a company’s. This includes advice on payment of installment tax, withholding tax and balance of tax for each year of income.
We assist in ensuring that our clients pay the optimal amount of tax, while adhering to the tax laws, enabling them to retain the most of their hard earned profits and cash flow.
This is one area of tax that is easily overlooked and we can assist our clients to avoid any surprises, which are often nasty.
Alternative dispute resolution
The Kenya Revenue Authority has indicated it shall be making use of Alternative Dispute Resolution mechanism’s to resolve tax disputes with taxpayers. We are able to provide professional arbitrators well versed in tax to provide support.