Frequently Asked Questions

Have a question? Check out the FAQs

What is tax advisory?

Tax advisory involves professional guidance on tax compliance, planning and strategies to minimize tax liabilities within the legal framework.

Do I need a tax advisor if I already have an accountant?

Yes. An accountant focuses on record-keeping and filing, while a tax advisor helps with tax strategy, planning and optimization.

What taxes does my business need to pay?

It depends on your location and structure. Common taxes include income tax, VAT, PAYE (for employees), and excise taxes.

How can I reduce my tax liability legally?

Through tax planning, allowable deductions, tax credits, incentives and proper structuring of your business.

What are the penalties for late filing or payment of taxes?

Penalties vary but can include fines, interest charges and even legal action from the revenue authority.

How do I stay compliant with tax laws?

Keep accurate financial records, meet filing deadlines and seek professional guidance on changes in tax legislation.