Tax Consultants in Nigeria.
Tax is a compulsory contribution to revenue agencies which is levied by the government on workers income and businesses, profits or added to the cost of some goods, services and transactions. Tax is a compulsory financial charge or some other type of levy imposed upon a tax payer which might be an individual or an entity by a governmental organization in other to fund various public expenditures and failure to pay, evasion or resistance to tax is punishable under the law. In a simple word tax is the amount people have to pay to the government and this money is used to pay people who work for the government, provide services to the people and also used for infrastructural facilities.
Basically, a Tax consultant is also a tax advisor and they are experts in tax law, planning and compliance as they serve businesses and individuals alike by staying current on Tax laws and positioning tax payers for short and long term tax optimization. A Tax Consultant expands on the role of a tax preparer but Tax Consultants prepare Tax returns as they often work closely with clients throughout the year to ensure that a client tax liability is minimized. Tax consultants are strong, written and verbal communicators who are able to explain tax laws and strategies in a way that is accessible and easy for clients to understand, tax consultants’ work for public accounting firms, law offices, financial consulting firms and they can also work as an independent tax preparer who has a consulting business. Tax Consultants are expected to perform the following duties and they are;
- Conducting research on Tax Laws.
- Strategizing with clients to minimize tax liability.
- Communicating with clients to explain tax issues.
- Preparing Tax returns.
- Estate Planning.
- Keeping clients complaints with their tax obligations.
Our TAX SERVICES in Lagos Nigeria is developed around functions such as:
- Corporate Income Tax
- Petroleum Profits Tax,
- Indirect Taxes (VAT and Customs),
- Personal Income Tax
- Withholding Tax Management
- Value Added Tax
- Tax compliance advisory
- Tax audit & dispute resolution
- Tax law interpretation
- Tax accounting report & tax due diligence
- Employee compensation structuring
- Transfer pricing
- Tax health & Diagnostics
- Expatriate tax
- International tax advisory
- Estate tax
Written content is an important part of the job s tax consultants must communicate their research and findings including changes in tax laws that create opportunities for new tax strategy. Due to the numerous number of clients a tax consultant can have the ability to draft a well written letter is the most effective means of disseminating information to a number of different clients and this would enable you get the desired result you intend to get and also make your work faster.
An effective Tax system which is also known as a good tax system should meet these five basic conditions which are, fairness, adequacy, simplicity, transparency and administrative ease.
At Matthew Ogagavworia & Company we are fully aware of the importance of Tax Consulting services as it is conducted by a qualified Tax Consultant Service provider with a good Tax knowledge, our experts at Matthew Ogagavworia & Company are qualified to do this as we know the basics and the necessary things to be known as a Tax Consultant Service provider. We are to help you become the expert your support center needs with a recognized experience in the type of operation to be examined and also to avoid being penalized with issues relating to tax.
Who Are We?
Matthew Ogagavworia & Company undertakes Tax Consulting services for its clients or customers. The firm was registered as a Business Name at the Corporate Affairs Commission in the year 2010. Our company advises clients on matters involving business establishment in Nigeria with so many other services and commences the incorporation of companies at the Corporate Affairs Commission.
We support your company with your business objective which is really important to us as a service provider. Matthew Ogagavworia & Company specializes in business-oriented support activities, in the face of ever-transforming global executive environment, our company take pride in our ability to familiarize to the market and devise innovative strategies to help firms with their vision, mission and objectives. We help and advice organizations in complying to government regulation, for instance, Pencom Compliance, ITF compliance, NSITF Compliance, Insurance Compliance, Compliance with Tax Laws and Tax Authorities and so on.
Matthew Ogagavworia & Company also assist private and public companies be it new or old with foreign equity participation in their capital structure and attaining foreign investment approvals, which such companies are statutorily required to obtain. We assist businesses, individuals and organizations with tax strategy, planning and compliance with the necessary tax regulations as we also deliver advisory services.
Our group is made up of seasoned professionals with far-reaching experience on Tax Consulting Services in Nigeria and this enables our company’s report to be fully depended on by our clients or customers which can be either local or international clients or customers in various sectors by so doing we help or assist our clients or customers to boost their confidence and also strengthen the value of their business as well as their compliance with the necessary tax law provided by the government and tax authorities to avoid being penalized. At Matog we offer a range of Tax Consulting services as we assist taxpayers with tax planning, compliance, revenue negotiations and appeals. Our staffs are sound with accountancy, legal and business experience as we also specialize in corporate and private tax, employee and personal tax, direct and indirect tax so as to keep our clients out of statutory issues. This service and knowledge is of great benefit to the firm in supporting its various consulting services.
Our Tax Consulting service serve a strategic function in your organization which involves the planning of strategic activities which are often managed and they include the following;
- Tax Training.
- Tax Strategy and Planning.
- Transfer Pricing.
- Tax reporting and Strategy.
- Insourced solutions for tax.
- Obtaining tax clearance certificates.
- Deal with tax queries on behalf of clients.
- Give professional advice in terms of tax laws.
- Tax compliance.
- Revenue Negotiations.
- Representation on matters relating to;
- Corporate Income Tax.
- Pay As You Earn (P.A.Y.E).
- Withholding Tax.
- Value Added Tax.
Matthew Ogagavworia & Company takes the burden of tax regulatory and tax requirement away from you and we do this by working with you from the planning stage to the execution stage providing insights on the tax implications of these decisions as we use our in-depth knowledge and experience to identify various alternatives where necessary to ensure the efficiency in your business. Our services includes tax advisory services as we provide advice on buying and selling a business, management buy in and buy out as we also provide advice on property, planning and due diligence, pensions, corporate venturing, business incorporation. We review income tax accruals in the financial statement and make recommendations for saving tax naira. We also offer services relating to value added tax or indirect tax, corporate tax and employment tax.
Why companies needs Tax Consulting-it is because it helps companies to keep track of the taxes which are a major problem, to help keep the tax to be paid ant the minimum and bearable level. It helps in the review of records and making adjustments, deductions an advice would be given by the consultant in charge based on the financial ability of the company. The use of a tax consultant service provider makes job easier and simpler since he or she understands the process ease and the use of tax service provider helps to save lot of money for the company and also make sure that the company follows the necessary tax rules and regulations to avoid being penalized for non-compliance as the penalty comes with lot of money or even jail sentence.
Therefore, Matthew Ogagavworia & Company Tax Consulting Services comprises of staffs with expertise, experience and network which enables us to provide tax efficient services in any industry you work in.
Matthew Ogagavworia & Company Firm is one of the best Tax consultant in Nigeria as we help entrepreneurs and firms to grow and develop their company in Nigeria by providing Tax Consulting services to help you make your business a success by providing solutions which are tailored to fit your business at the same time maximizing effective productivity which would also help you thrive in this era of rapid change. Our reliable experts are specialized in dealing with matters relating to Tax Consulting services in a safe and updated manner as we offer connected services across all tax disciplines to help you thrive in this era of rapid change as we also combine our knowledge and experience with the people and technology platforms that makes us the right partner for your tax related needs. As our Tax Consulting experts are experienced and they use the modern system as well as up to date knowledge to support your field plus we bring our experience to help companies concerning tax related issues.
In a competitive environment it is important for Tax consultants to help organizations improve their Financial security as consultants helps people make informed decisions about tax related issues and they make use of their expertise to help clients comply with tax regulations and take advantage of adjustments, deductions and credits that let them reserve or keep more of their money and also ensuring that their clients fulfill tax obligations and follow the specific tax laws. At Matthew Ogagavworia & Company we helps with a variety of tax related issues and we make sure our clients comply with tax rules and regulations and we also use our expertise and knowledge to help businesses and individuals pay what they owe at the same time minimizing tax liabilities by making use of all necessary and applicable adjustments, deductions and tax credits.
At Matthew Ogagavworia & Company, we have competencies in business tax, international tax, transaction tax and tax related issues associated with people, compliance, reporting and law. We have a team of skilled and experienced professionals supported by good network thereby providing value for our clients at every turn to handle their tax issues at the same time providing necessary assistance and getting the required result needed by our clients as regards tax issues. As a Tax consultant we register the company in accordance with Personal Income Tax Act 2011 as amended, we review the company’s payroll for tax planning and compliance, we register staff and obtain form for each member of staff, we submit duly completed tax form and obtain tax clearance cards for each member of staff, we help our register with Tax authorities, Value Added Tax and so on. The building and maintenance of trust has never been more challenging as we provide trust making it a big responsibility and it is evident in everything we do.
We at Matthew Ogagavworia & Company have the skills and expertise needed to undertake and complete a comprehensive Tax service which is why we are rated as part of the top Tax consultants in Nigeria, we offer a range of services for our clients through making life simpler for our clients with the use of exceptional and easy to use technology as we save business owners and individuals time and money with high quality and high value financial at the same time offering top rated tax preparatory soft wares, supports and tools. We transform the legal, bookkeeping, and Human Resources or Payroll systems thereby helping or assisting small businesses or business owners to serve their customers better. The reports are also available for critical evaluation from the client and firm required to provide the clients with the answer to the necessary questions at the same time boosting our clients’ confidence in their business.
At Matthew Ogagavworia & Company we provide tax advisory services on corporate income tax as our consultants provide consulting services on tax issues, support and guidance during tax audits, effective and efficient planning for investments as well as advice and support in understanding and implementing government regulations. On Indirect taxes we provide services on identifying potential risks, assist with strategic planning, we support during tax audits, advise on indirect tax related risk management, we assist during discussions with tax authorities. We assist with tax compliance by ensuring that there are regular audios and management reviews, tax coordination of overseas activities, corporate income tax compliance, indirect tax compliance, tax consulting and support as well as immediate access to current and reliable information. Mergers and Acquisitions as we advise on the proper structuring of transactions in order to improve net cash flows, we ensure there is effective tax structuring of transactions, we support for improved tax solutions after the agreement. Under Transfer Pricing we provide transfer pricing planning and compliance advice, advice and support in the preparation of transfer pricing documentation in accordance with the necessary legislation, we support transfer pricing audits as well as benchmarking reports.
Finally, Matthew Ogagavworia & Company can undertake all your company’s Tax Consulting services requirement as we have professionals who would undertake this project without any blemish and our records so far has proven us worthy in other for you to contact us without fear. Also note that, if you need assistance in other areas such as accounting, payroll, Pension Compliance issues, tax, public relations, marketing, web domain registration, debt recovery, business plan and setup, we can help too as we are experts at what we do. At Matthew Ogagavworia & Company, we value customer relationship and make sure our customers or clients are properly attended to.