A direct tax imposed on the income of the company is called a corporate tax.
Our team includes expert corporate tax consultants with rich experience in corporate tax and the related regulatory matters. We provide corporate tax services including, tax planning, tax compliance, tax returns filing, advisory services, and representation and litigation services in income tax matters faced by companies. SAS’s insightful corporate tax consulting services address your corporate tax-related issues and challenges and give you the much-deserved peace of mind. Our technique to having satisfied clients is through a holistic approach of providing corporate tax advisory services starting from an understanding of the business of the client to filing returns and handling the litigation matters. We go through each step, supporting the clients from start to finish to ensure the planning and implementation of effective corporate tax strategies.
The corporate tax clauses mentioned in the Ghanaian Tax Laws are complicated and trying for an ordinary person to understand and apply. In addition to the tax payments, there are other concerns of strategic tax planning, satisfactory compliance with tax authorities, and accurate financial reporting of taxes, all of which require a profound understanding of Income Tax Act, and related rules and regulations. Whether a company is a first-time taxpayer or a long-time taxpayer, it can immensely benefit from our business tax advisory services.
CORPORATE TAX PLANNING
As corporate tax advisors and consultants, we provide our clients with all the corporate tax planning and advisory services. We assist the companies in tax planning by identifying all the possible opportunities to save their money under the legal ambit. We keep ourselves abreast of all the available deductions, allowances, exclusions, etc. in the law. Using these available options along with an analysis of the financial conditions of the company, we make a sure shot tax plan for our clients to deliver maximum tax efficiency. We provide our extensive tax planning services in planning the expenses and capital budgeting.
PRE-TRANSACTION ADVISORY
Corporates must understand the correct tax implications and perform a risk assessment before entering into a transaction. We provide pre-transaction advisory services to our clients so that they can know various tax implications, including incentives and reliefs before they commit to the transaction. Our team of corporate tax consultants has worked with multiple industries, and it provides industry-specific corporate tax consultancy services.
TAX HOLIDAY PLANNING
Tax holiday means relief from paying taxes for a specified duration for the specified industries as per the tax provisions of Ghana. It enables businesses to manage their survival or growth, which will eventually lead to more taxable revenue for the government in later years. Our team of corporate tax consultants look for any such possible opportunities for our clients and tap them to get benefits.
We have a team of corporate tax experts with sound business acumen who advise clients on corporate tax compliance matters.
TAX DEDUCTED AT SOURCE (TDS)
The provisions of TDS are very rigorous, and non-compliance to these provisions may lead to severe consequences. In case of non-deduction of TDS, non-payment of TDS, or default on any of the TDS compliance laws, leads to high interest and penalties. Our diligent team of tax experts ensures that our clients comply with these provisions to avoid penalties and interest. Our TDS compliance services include calculation/deduction/collection of TDS at correct rates, timely deposit, accurate reporting of TDS, submission of TDS returns within the due dates, verification, and issuance of TDS certificates within time, corrections, payment of fees/interest amounts, and management of tax payee’s accounts to take appropriate action.
CORPORATE TAX RETURNS FILING
Companies have to file their tax returns as applicable, on or before specified date as issued under the Income Tax Act every year. Further, a specific class of companies is also required to get its accounted audited and submit an auditor’s report along with the tax return. The job of filing income tax returns is best left to our corporate tax consultants. SAS’s team of business tax experts provides the required expertise in the calculation of tax liability of the business. We remain associated with the company throughout the year to be aware of the kinds of business operations carried out that affect the tax calculations. We assist all kinds of businesses – be it a private limited or public limited company in the successful filing of corporate tax returns.
Why you should employ SAS for your corporate tax advisory services