Obie Consultancy

ACCOUNTANCY
I provide accountancy services to profit and non-profit making organizations.
Following are some of the accountancy related services;
• Maintenance of books of accounts
• Preparation of management and final financial statements
• Preparation of cash flow forecasts
• Preparation of payroll and filing of related statutory returns N.H.I. F, N.S.S.F, P.A.Y.E
• Preparation and filing of VAT returns
• Reconciliation of financial records
• Preparation of budgets, budgetary controls, budget monitoring and variance analysis
• Fixed Assets Register development and maintenance
• Computerization of accounting systems
TAXATION
i. Tax Compliance
Tax compliance services involve handling regular tax compliance and reporting on behalf of the clients and include the following: –
• Reviewing annual financial statements for tax issues
• Preparing income tax computations;
• Advising on the tax position;
• Preparing and submitting annual tax returns
• Computing and advising on the annual income tax installment payments.
• Helping clients to comply with the local tax laws to keep abreast with all the changes therein.
• Provide clients with compliance assistance in meeting all Governmental regulations for income, Value Added Tax (VAT), payroll and excise taxes.
• Keeping clients well informed of current tax developments and changes.
• Filing of annual self-assessment tax returns for businesses and individuals
• Securing registration for Sole proprietorships, PIN, PAYE, VAT, NSSF and NHIF.
• Providing clients with regular updates on changes in tax law and their impact on business firms, non-business organizations, and individuals.
ii. Tax Health-Checks
This involves reviewing in-house tax operations, which include income taxes, PAYE tax, withholding tax, VAT as well as Customs and Excise duties for purposes of ensuring compliance and establishing any possible tax planning opportunities.