Compliance outsourcing is the contracting out of the regulatory and technical tasks that serve to ensure that a taxpayer complies with the tax laws and administrative requirements through accurate computation of tax obligations, compilation and filing returns and paying the tax due within stipulated timelines.
Our Compliance Services encompass both Administrative compliance (complying with administrative rules of lodgment and payment) and technical compliance ( accurate computation and provisioning of tax dues)
Outsourcing compliance services helps a company address the challenges posed by the increasing number of tax regulations and rules, more rigorous and coordinated enforcement by tax authorities, revenue authorities adopting a more sophisticated and commercial approach, the spread of mandatory electronic on-line filing and staffing constraints. The outsourced service further confers other numerous benefits including cost control, flexibility, diverse skills set, elimination of non-compliance penalties and efficiency multiplier effects on the rest of the business operations.
Our Payroll Outsourcing Services Consist of:
- Tax process analysis and review
- Calculation and/or review of tax & other statutory provisions for reporting
- Preparation and/or review of income tax assessments & returns
- Filing returns on on-line platforms (KRA-iTax, NSSF-eService, NHIF-online)
- Maintenance and monitoring of your iTax general ledger.
- Proactive liaison with statutory authorities to resolve arising issues
- Applications – Tax Rebates, Refunds, Waivers (Penalty & Interest), Exemptions
- Adhoc Tax Advice