South Gate Consulting Limited
South Gate Consulting Limited was incorporated in Nigeria on April 8, 2003 with Rc Number 477396. The Company was established to provide services such as : Taxation, Audit, Financial Consulting .
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TAX SERVICES

 

Management of PAYE & Statutory Deductions

This is backed by law to ensure every company abides by the tax laws governing every registered company in a country. Every employee and employer is expected to remit a certain portion of their salary on a monthly basis to tax office. Certain rate is computed for PAYE while another percentage is apportioned for Pension.

 

 

  1. Registration Process
  2. Processing of tax card
  3. Monthly computation and deduction
  4. Monthly remittance
  5. Annual PAYE & Pension returns.
  6. Registration of new staff in the respective tax office to avert any penalty that may arise.
  7. Coordinate the processing, remittance and reconciliation of all payroll related statutory
    liabilities (PAYE and Pension) to ensure compliance with all payroll related tax laws and regulations.
  8. Filing of tax returns in compliance with the deadline of the statutory authorities.
  9. Prepare PAYE and Pension schedule as support document for external auditor’s use.
  10. Prepare monthly reports related to the payroll statutory deduction.
  11. Respond to queries related to payroll statutory deduction

Effective tax planning involves paying very close attention to whole wide areas including changes in tax regulation, expected change of events, management of tax relationship of business units, their owners, employees, their creditors , debtors and even the government. This could be complex, arduos and time consuming not to mention cost incurring for businesses and their owners. Hence, the need for highly experienced tax consultants who understand the language of tax planning.

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We have the resources, skills, experience and specialists in areas of tax planning and management who carry out their assignments with due diligence and help your companies to effectively and efficiently plan for your taxes to avoid unpleasant surprises and to comprehensively manage all such risks, financial, legal and reputational that may arise from such surprises.

 

International tax is the amount levied on a person or business subject to the tax laws of different countries or the international aspects of an individual country's tax laws. Due to different tax systems adopted in various countries, this has make generalization difficult. International taxation has been affected greatly by globalization of trade and investment and this has negative impact on companies who operates internationally. Companies who operates internationally needs to be updated about tax systems in other countries as knowledge of only domestic tax systems is inadequate. Therefore, companies should outsource their international tax management to professionals who has the knowledge of tax law principles and practices globally, and that’s where we comes in. We are a professional firm with seasoned and experienced professionals with adequate international tax knowledge to help your company to tackle its global needs. We will help you to reduce your tax liability and avoid pitfalls through our well-developed techniques.


 

Being a Nigerian firm with a global outlook, we have developed a relationship with state tax authority and Federal tax authority.
This has put us in a pivotal position to provide global services based on the Nigerian content.
We offer the following services:

  1. We assist individuals in their tax assessment and computations.
  2. We show up on behalf of our client in the tax office for tax registering, returns and payments.
  3. We engage in training of client staff

 


 

Petroleum Profit Tax and other taxation issues such as unitization and joint venture arrangement if not managed properly can cause financial loss or loss of tax opportunity to an organisation.
The companies in the Upstream sector of the Oil and Gas Industries whether under concessions, leases, PSC, and RSCs need to adequately manage their tax exposures including royalties and to take advantage of tax benefits available. To do this, there is need to engage a team that is versed and highly experienced in the industry matters.