28/09/2024
*Tax Management Challenges of SMEs*
From practical experience, growing companies esp. SMEs find it difficult to manage tax challenges when the state tax authorities come for spot checks or tax audit. They pay heavily in penalty and interest after such visits because they lack good records and management. Below are areas tax officers hold them liable for infractions:
a.PAYE
b. WHT
c. Capital Gains Tax
d. Dev. levy
e. Premises levy
We have designed strategies that the SMEs can adopt to reduce burden of additional tax liabilities. If you need help just click on this link:
Business Account