The Nigerian tax landscape is fraught with a number of statutory and administrative peculiarities that could increase the risk and costs for the non-discerning business.  DE-Maven provides advice on tax planning with an objective of minimizing the organisation’s tax burden through a careful arrangement of the company’s activities.  The firm adopts a robust approach to its tax services, which include taking advantages of the special provisions in the tax laws and local tax incentives regime. We also help client to manage their compliance obligations in a manner that optimizes their operations and increase the effectiveness of their overall corporate strategy.  With our compliance services we focus on helping to prevent tax issues from becoming tax problems.

Our services include Tax Planning and Compliance Management in the following:

– VAT registration
– Monthly filing of WHT,VAT,etc
– Income tax computation and filing of annual returns
– PAYE computation and filing
– Other taxes and fees e.g Consumption tax, Land use charge, etc

Company Income Taxes (CIT and ET)

– Registration of the company with the Federal Inland Revenue Service (FIRS).
– Computation and filing of the Company’s annual CIT returns with FIRS
– Processing and obtaining annual Tax Clearance Certificate (TCC)
– Liaising with the FIRS to resolve tax queries
– Representing the company at tax audit engagements conducted by the FIRS and other regulatory agencies, and resolving issues that may arise from there.
– Review corporate tax records to determine extent of compliance with the enabling legislation and identify areas of potential exposure.
– Provision of advice, based on hands on experience, on the tax implications of new legislation, transactions and services.
– Review of corporate tax records to identify possible tax planning opportunities to legitimately determine corporate tax exposure.
– Processing of Certificates of Acceptances.

Personal Income Tax Management

  1. Preparing the Personal Income Tax (PIT) and related documentations, computations and Returns and associated tax filings
  2. Processing and collection of Certificates of Acceptances.
  3. Filing of PIT Returns and remittance of PIT due.
  4. Processing and collection of TCCs, including electronic TCC.
  5. Responding to all queries from the relevant tax authorities(RTA) and attending meetings

Withholding Tax (Receivable and Payable) Management

  • Assisting clients to remit WHT deducted from vendors’ invoices and following upwith the tax authorities to obtain receipts.
  • Representing the company at routine WHT audits, and attending to queries
  • Advising on the utilization of WHT receipts collected for CIT planning and

Value Added Tax Services

  • Registration with FIRS for VAT purposes
  • Advising or assisting in preparing and filing monthly VAT returns with the localFIRS office.
  • Representing clients at routine VAT audits, and attending to any queries raised.
  • Providing VAT advisory services per relevant legislation.

Payroll Services/ Payroll restructuring.

  • Registering clients and its employees with relevant State BIRS, NHF and ITF
  • Developing tax efficient payroll structure and assisting clients in implementing
  • the preferred option.
  • Customizing payroll processing package to meet client’s requirements.
  • Processing the monthly payroll based on information provided by clients.
  • Assisting in the computation of employee tax (PAYE) , and NHF contributions
  • Remittance of monthly PAYE tax, and NHF contributions to relevant authorities.
  • Conducting a review of the local and expatriate staff PAYE taxes for compliance purposes
  • Restructuring payroll for tax compliance and efficiency.

Processing and collection of tax clearance certificates(TCC) for employees

Audits and Investigations Management

  • Providing support during tax audits/investigations of any relevant tax authority (RTA) including Federal, States and Local Governments
  • Preparing audit/investigation requirements and documentations.
  • Directly responsible for all communications with the relevant tax authority(offsite and office meetings)

Other Taxes

We also manage other taxes listed below:

  • Capital Gains Tax (CGT)
  • Land Use Charge/Tenement Rates/Property Tax
  • National Information Technology Development Agency Levies
  • Hotel Consumption and related Tax
  • Stamp Duties