Bookkeeping, preparing year end tax return often creates
chaos for a lot of SMEs, its not just about to stay compliant, but its also an opportunity to save money in accordance to the tax regulations.
You could potentially save from the following items:
- Territorial source
- Capital Gain
- Group Relief
- Loss set-off
- Expense deduction
- Administrative expenses
- Bad Debt
- Finance expense
- Fixed assets
The Tax assessment Cycle:
- Issuance of Profit Tax Return (PTR)
- Filing of PTR
- Should you fail to file tax return, the assessed amount will be an estimate on chargeable profit and also prosecution.
- Assess first, then query later.
- Payment of tax or launch a holdover.
Have your accounts be up to date and compliant to IRD requirements, our Bookkeeping and account services provides high-quality, accurate and timely financial information for you, so you may focus on your business.