Taxation has become a critical element of business success, earnestly calling for the attention of business entities. At KSM2G, we provide a wide range of top-notch tax advisory services on merger and acquisition, contracting and project review, tax planning, structuring and strategy and tax compliance. With the increasing tax compliance drive by the various tax drive, it has become imperative that organizations and individuals must efficiently plan their transactions and enhance their compliance practices. Whether large corporations or SMEs, our focus is on delivering innovative solutions and services, drawing from our wealth of knowledge and experience in all aspects of the taxation. We help you ensure that your tax position aligns with your business operations.
We help our clients manage tax liabilities (corporate and individual) and liaise with the tax authorities on your behalf while preparing the staff for intending tax audit visits. We also help you interpret the impact of the new tax regulations and how they affect your operations and provide you with relevant insight on optimizing your tax obligations.
Our tax services cut across the following:
- Transaction Taxes
- Company Income Tax
- Petroleum Profit Tax
- Personal Income Tax
Our transaction taxes advisory cuts across value-added tax (VAT), withholding tax (WHT), Stamp Duty and other related taxes. In this regard, we ensure proper and timely compliance with relevant tax laws, and we help clients to clearly understand the transaction tax costs of their investment decisions, strategies, new projects, and ongoing operations. Precisely, our service offering focuses on the following areas:
- Rendering health checks and review of transactional data to monitor ongoing compliance;
- Modelling the transaction tax costs of a given investment strategy or proposed transactions or projects;
Company Income Tax
With increased government focus on taxes, we advise businesses to pay critical attention to their tax matters. We render advice in line with changing tax laws, delivering knowledge on statutory requirements.
Our CIT advisory is geared towards ensuring your company's tax position is determined and computed to aid the process of obtaining the companies tax clearance. Critical aspects of our services include corporate tax clearance certificate, capital allowance computation, filing annual returns, responding to audit queries, certificate of acceptance on fixed assets and audit support.
Personal Income Tax
KSM2G's income tax service focuses on making sure employees pay the minimum possible tax through legal and tax-friendly schemes. We take care of individual income tax matters on behalf of employees like PAYE tax planning and staff salary structuring, computing employees tax payable and remitting the same to the relevant tax authority. We liaise with proper tax authorities during PAYE tax audits, obtain employees' personal income forms and remittance cards, and general advisory on personal tax matters of our clients.
Capital Gains Tax
We help businesses develop the most practical means of undertaking their disposal activities while navigating all the regulatory, legal, and tax challenges associated with transactions to help mitigate compliance risks and invariably improve returns.
Petroleum Profit Tax
We render top-notch PPT advisory services, focusing specifically on the peculiarities of the oil and gas sector regulations. Our experienced professionals will guide you through the entire process, making possible a seamless tax process.
At KSM2G, we have seasoned transfer pricing professionals with requisite experience, global perspectives, and good working relationships with Tax regulators to deliver unique clientele experience. While undertaking our work, we will objectively promote clarity in treating common transfer pricing concerns as it relates to specific industries, in line with the laid down transfer pricing regulations.
Bearing in mind the belligerent nature of transfer pricing audits in Nigeria, it is pertinent that corporations work with transfer pricing advisors experienced in both the local and international landscape to aid them in preparing robust transfer pricing documentation that will improve their chances of successful defence during transfer pricing audits. We will assist your company in all aspects of transfer pricing, including planning, diagnostic review, compliance, and implementation.
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