Tax Consulting and Advisory
Let LAK handle your tax matters as you focus on your business. Our main focus is on minimising the tax burden on businesses and managing any tax risks.
Our team of experts will review your systems to understand the nature of fraud and then design tailored programs that ensures the objective is met.
The growing complexity of tax regimes and constant changes to tax laws makes it almost impossible for any individual to keep pace with these changes.
The range of services provided by our tax division includes:
Annual Tax Compliance
- Reviewing of accounting systems and determining that there is sufficient compliance with all tax requirements.
- Computing and advising on year-end corporate taxes payable and due dates of submission.
- Due diligence on client tax status for the company
- Completing and submitting statutory tax returns of companies and individuals on the due dates.
- Review annual Pay as You Earn (PAYE) returns followed by submission on due dates.
- Continuously advice our clients in tax changes and their impact on the business.
- Representing clients in Revenue Authority tax audits and administrative hearings.
- Filing of annual self-assessment tax returns for businesses and individuals
- Negotiating and mediating for clients on all tax issues with the tax authorities.
Tax Planning
Our team of experts will review your business operations and advise on various legitimate ways to reduce your tax costs.
- Advising clients on their tax obligations, implications and best alternatives
- Helping our clients to comply with the local tax laws to keep abreast with all the changes therein.
- Advising clients on tax efficient structuring of their businesses.
Tax Health Check
- Tax health check is whereby our team of experts will review your financial transactions with an objective of advising on the nature and extent of the exposure of organizations as regards to tax liabilities.
- From the review we can identify all areas which can results into tax non-compliant.
- Lastly, we advise on the plan that helps minimize tax risks and maximizes on tax opportunities.
Filling of Returns
We assist our clients in filling the following returns.
- VAT returns
- Rental income returns
- Income tax returns
- Excise duty
- PAYE
- Withholding Tax (“WHT”)