ACCOUNTING
Simplifying and standardising Finance and Accounting processes are key characteristics of well-run companies. Outsourcing your Accounting function allows you to take advantage of the value proposition that goes with all our services. We can assist you in the preparation of :
Simplifying and standardising Finance and Accounting processes are key characteristics of well-run companies. Outsourcing your Accounting function allows you to take advantage of the value proposition that goes with all our services. We can assist you in the preparation of :
- Working papers for audit files
- Budgets
- Chart of Accounts set-up
- Management Reports
- Statutory Financial Statements
- Reconciliations -bank accounts, fixed assets, debtors and creditors etc
- Cash Budgets and Analysis
- Bookkeeping Services
TAX
All companies must comply with the Income Tax Act, Corporation Tax Act and Value Added Tax Act . Our services include:
All companies must comply with the Income Tax Act, Corporation Tax Act and Value Added Tax Act . Our services include:
- Planning and managing timely submissions of these returns Evaluating your Profit and Loss account and advising on your tax position
- Preparation and submission of your Corporation Tax Returns
- Computation of your Quarterly Taxes
- Computation of the VAT position and filing of returns monthly or bi-monthly
- Registration for Corporation Tax, Value Added Tax (VAT), Income Tax (PAYE) and National Insurance (NIS) numbers.
- Timely remittance of tax instalments
Preparation and submission of personal income tax returns, including expatriates and e-tax
Assistance with Board of Inland Revenue matters such as VAT audits and queries on Income Taxes
PAYROLL
Our payroll management services enable you to effectively manage your entire employee life cycle, attract and retain top talent and support compliance with local laws. We can manage your entire human resources function. Our services include:
Our payroll management services enable you to effectively manage your entire employee life cycle, attract and retain top talent and support compliance with local laws. We can manage your entire human resources function. Our services include:
- Preparation of payroll reports specific to your business requirements
- Ensuring compliance with all statutory bodies
- Direct deposit to employees’ accounts
- Expatriate and local payroll taxes
- Preparation and submission of Tax Returns to the BIR
- Process application for TD1 approval
- Process application for employees NIS and BIR
- Remittance of third-party assignments, i.e. payroll deductions to Banks, Credit Unions etc.
- Calculation of appropriate and accurate NIS, PAYE, Health Surcharge deductions and remittance and reconciliation of these.
- Preparation and submission of annual TD4s and TD4 summary sheet to BIR Liaising with the relevant authorities in the event of any queries
- Co-ordination and assistance with payroll audits conducted by the respective Statutory Boards’ i.e. The National Insurance Board (NIB) and the Board of Inland Revenue (BIR)
- Advising on complex issues including industrial relations and severance issues.