Tax Planning Service

Tax Planning Service

Tax Planning Service, Efficient Structuring & Tax Accounting

Tax planning is the analysis of books of account or the financial situation and plan to ensure that all elements work together to allow you to pay the lowest taxes possible without violating the legal provisions of the tax act. A plan that minimizes how much taxes you pay is referred as tax efficient. Tax planning should be an integral part of an individual/company/business financial plan. Tax Planning go hand in hand with Tax Accounting.

Importance of Tax Planning:

  • It helps the taxpayer reduce tax liability
  • Used by government to spur economic growth
  • Petroleum, Mining and Extractive Industries
  • Pledge Tax will assist the following taxpayers with tax planning/Tax Accounting, in line with government regulation:
  • Individuals, Sole Proprietors, partnerships, Start Ups, Small Businesses and SMEs
  • SACCOs and Co-operative Societies, Insurance Companies
  • Tax Incentives encourage establishment of new businesses and companies which provide employment.
  • Large Scale Farmers
  • Capital Gains Tax
  • Rental Income