Are you a business owner in Lagos struggling with tax compliance, tax audits, or filing your company’s tax returns? You’re not alone. Many Small and Medium Enterprises (SMEs) in Lagos are currently receiving tax audit letters from the Federal Inland Revenue Service (FIRS) and Lagos State Internal Revenue Service (LIRS). If you’ve received one, now is the time to seek expert guidance from a professional tax consultant in Lagos.
At Adebayo Oluwole & Associates, we specialize in providing top-tier tax consulting, auditing, and compliance services to SMEs. Our goal is to help businesses like yours navigate the complex Nigerian tax system, avoid penalties, and optimize tax efficiency.
Why You Need a Tax Consultant in Lagos
- Avoid Costly Tax Penalties
FIRS and LIRS impose heavy fines on businesses that fail to file tax returns, pay the correct taxes, or comply with tax regulations. A professional tax consultant helps you stay compliant, reducing the risk of financial penalties.
- Expert Handling of Tax Audits
If you’ve received a tax audit letter, a tax consultant ensures proper documentation, defends your tax position, and negotiates with tax authorities to prevent excessive liabilities.
- Maximize Tax Savings Legally
Many SMEs unknowingly overpay taxes. A tax consultant identifies legitimate deductions, allowances, and tax incentives that reduce your tax burden.
- Simplify Complex Tax Processes
Tax laws in Nigeria can be confusing. From Value Added Tax (VAT) to Company Income Tax (CIT) and Pay-As-You-Earn (PAYE), a tax consultant ensures accurate filing and compliance.
Our Tax Consulting Services for Lagos SMEs
At Adebayo Oluwole & Associates, we provide a full range of tax consulting and auditing services tailored to SMEs, including:
- Tax Compliance & Filing Services
Preparation and filing of Company Income Tax (CIT)
Value Added Tax (VAT) registration and filing
Pay-As-You-Earn (PAYE) tax remittances for employees
Withholding tax compliance and remittance
- Tax Audit & Investigation Support
Reviewing tax audit letters and guiding businesses through the process
Defending SMEs against excessive tax assessments
Liaising with FIRS and LIRS on your behalf
- Tax Planning & Advisory
Strategic tax planning to reduce liabilities
Identifying tax-saving opportunities for SMEs
Industry-specific tax strategies
- Business Registration & Post-Registration Tax Services
Business registration with CAC & tax identification number (TIN) processing
Setting up tax structures for new businesses
Filing annual returns with the CAC and FIRS
- Financial Auditing Services
Annual financial statement preparation
Internal audit services
Compliance audits to meet regulatory requirements
What to Do If You Receive a Tax Audit Letter
- Do Not Ignore the Letter – FIRS and LIRS will not hesitate to impose penalties if you fail to respond.
- Contact a Tax Consultant Immediately – A tax expert helps you understand the letter and prepare the necessary documents.
- Gather All Relevant Documents – This includes financial records, bank statements, tax returns, and invoices.
- Let Your Consultant Handle the Process – A tax consultant will negotiate with tax authorities on your behalf, ensuring a fair assessment.
Why Choose Us as Your Tax Consultant in Lagos?
Experienced Tax Experts: We have years of experience handling tax matters for SMEs.
Reliable & Affordable Services: Our services are cost-effective, ensuring you get maximum value.
End-to-End Tax Solutions: From registration to compliance, we handle all tax-related processes.
Strong Negotiation Skills: We help minimize your tax liabilities legally.
Contact Us Today
Don’t wait until tax problems escalate. Let our expert tax consultants in Lagos help you stay compliant, reduce liabilities, and optimize your business tax structure.
📞 Call/WhatsApp: 08155554892
📧 Email: info@cacannualreturns.com
🌍 Website: https://cacannualreturns.com
Take action now and secure your business from unnecessary tax penalties!
Adebayo Oluwole is a seasoned chartered accountant and a member of Chartered Institute of Taxation of Nigeria with over twenty years of experience. His expertise cuts across accounting, auditing and taxation. He has helped hundreds of individuals translate their dreams into reality by offering them pre and post registration services. His focus is to help SMEs grow in the marketplace.