Tax

In today’s highly integrated, complex and dynamic business environment,managing your tax affairs efficiently is critical to the achievement of your business and personal objective.

Working with the right tax team will not only ensure that your tax liability is minimized but will also ensure that your overall commercial aims are achieved.
At DAO Professional Services, we have a team of highly skilled and experienced tax practitioners that work closely with our clients to develop tax strategies that enable them achieve their business and personal goals. We also maintain close working relationship with the tax authorities which ensure a seamless tax management process.

Wherever you operate in the Nigerian economy, is it in a designated Free Zone, or in the customs territory, you can be rest assured of our courteous, skilled and committed tax team that proactively supports you with tailored services that help minimize your tax liability and identify opportunities.

At DAO Professional Services, we provide a wide range of tax services for corporate bodies, individuals, partnerships, sole traders,estates of deceased persons etc. which include the following:

• Compliance
  Working with our tax team gives you the comfort to focus on running your business while we use our expertise to ensure that your periodic tax returns are accurately prepared and promptly filed with the tax authorities. Working with our tax team gives you the comfort to focus on running your business while we use our expertise to ensure that your periodic tax returns are accurately prepared and promptly filed with the tax authorities.
• Audit and Investigation / Tax Queries
  In recent years, government has intensified the drive for revenue from taxes. Consequently, companies’ and individuals’ activities are now examined more frequently by the tax authorities, more than ever. The audit/ investigation exercise could become stressful and costly if not properly managed. Our highly skilled, experienced and trusted tax experts help you achieve the best possible outcome. We help our clients prepare responses to tax queries issued by the tax authorities and also ensure that the queries are promptly resolved.
• Capital Gains Tax
  Companies and individuals are charged Capital Gains Tax if they make profit on disposal of chargeable assets. The tax law grants exemptions /reliefs that help mitigate/eliminate the tax payable on disposed chargeable asset. At DAO Professional Services, our tax team utilise their expertise to structure your transactions, guide you on sale proceeds re-investment plan and the appropriate time to dispose your property in order to minimize the tax payable.
• Business Structuring
  Are you thinking of acquiring a new business, selling part of your existing business, going into an alliance? Certainly, there are tax implications associated with any forms of business restructuring, join venture that you intend to undertake. Speak or send an e mail to our tax team and they will utilize their expertise to help you minimize the cash outflows on account of tax.
• Value Added Tax
  Do you need help with Value Added Tax compliance or disputes resolution with the Revenue, and advisory services? DAO Professional Services tax team will provide the solutions to your needs.
  Other tax services rendered by our practiceinclude the following:
  • Obtaining Tax Clearance Certificate (TCC) for clients.
  • Transfer pricing compliance.
  • Obtaining Certificate of Capital Expenditure for clients.
  • Petroleum Profit Tax compliance and advisory services.
  • Personal Income Taxcompliance and advisory services, that is, both employees and persons assessable under direct assessment.