Tax & Advisory

Are you on the fence about transforming your business, but unable to navigate the complex maze of possibilities to clearly define your objectives? Our dedicated experts will work alongside you to develop solutions that empower your organization to set the pace for disruption.

Integrity Reliance (IR) help and advise business owners with financial problems. They have an acute awareness of how stressful it can be when your business runs into difficulty. Some situations are simple to resolve, others are more complicated, involving multiple international jurisdictions. Financial and operational problems require specialist skills and our extensive experience, and understanding of complex issues helps us plan the best path for you and your business.

Our tax & advisory professionals will work with you to cut through the complexity of today’s rapidly changing marketplace. We are trusted advisors to organizations, they choose us because we are known for our talented people, technical expertise, deep industry insights and our ability to get the job done.

TAXATION

The ever changing tax climate positions the need for companies to have their tax planning strategies organized to capitalize on tax credit opportunities, minimize risk, and properly structure your financials. With increased organizational scrutiny and continuously changing tax regulations, it is critical to enlist experienced tax advisors who can provide a comprehensive, strategic approach to year-round tax planning. We focus on your tax planning so you can focus on the success of your business.

Unfortunately, businesses can find themselves in a position of conflict with Afghanistan Revenue Department (ARD). The most common reasons for this are:

  • When ARD takes a different view on the Tax liability of a transaction or series of transactions.
  • When a business fails to address a Tax matter in a timely manner, or delay in filing of tax returns, BRT returns, Withholding Tax returns etc, which will attract penalties.
  • Where there are errors in submitting information to ARD, which again can lead to penalties.

Often businesses can avoid problems by seeking timely advice from Tax professionals. This means considering transactions in advance. It is always best to consider the transaction while there is time to ensure that the correct documents are obtained to support the required Tax treatment, or while it is still possible to vary a transaction to achieve a different outcome.

Having effective processes and procedures in place to manage Tax should help ensure that you are able to pay the right amount of Taxes at the right time, thus ensuring you manage your cash flow as effectively as possible and minimise the risk of errors arising.

The benefits of understanding the correct Tax position is twofold:

  • There is less likelihood of customers querying your invoices and delaying payments whilst issues are resolved.
  • Assessments for Tax penalties are less likely to be raised by ARD.

TAX IMPACT ASSESSMENT

Businesses need to design the systems and With ever evolving tax regime, procedures and incorporation of automated systems, the need for appropriate and timely monthly, quarterly and annual tax filings are critical for all the taxpayers to have an up to date tax compliance status. Timely adherence to the law and procedures will help avoid unnecessary penalties and actions by the authorities.

While conducting Impact Assessment, Integrity Reliance (IR) will assess the impact of Tax laws and regulations on the following functions-

  • Compliance
  • Legal
  • Sales and Marketing
  • Information Systems
  • Strategy 
  • Procurement
  • Human Resources
  • Finance and Administration

Below is the sample list of activities that will be carried out in order to assess the impact of Tax.

  • Reviewing all areas of your organisation to gain a deeper understanding of your operations and determine potential key risk areas from Tax perspective.
  • Determining best possible supply chain of your company.
  • Reviewing inter-company transactions.
  • Assessing the impact of existing long-term contracts on Taxes.
  • Exploring options to get you maximum input tax credit of your procurement of goods and services.
  • Determining tax drivers and functional design requirements.
  • Reviewing existing IT systems and its limitations.

The key objective of an early impact assessment is to give the client a good preliminary understanding of the impact of Taxes on its business and the implications on the various sub sectors, processes, people and functions.

At the end of the process a report is produced highlighting areas of concern and potential opportunities for Tax savings.

TAX TRAINING

In order to minimise the risk of expensive errors and reduce the likelihood of penalties, we deliver Tax trainings that best suits the needs of your business.

Under the penalty regime prevailing in many countries adequate staff training is evidence of “reasonable care” being taken by the organisation. Therefore, if penalties are applicable, they are likely to be at a lower level if there is evidence that businesses provided adequate training related to applicable Tax laws and regulations to their staff.

Our mode of training varies from theater style presentations to small interactive seminars or one-to-one discussions, depending on the nature of business operations and Tax complexities.

We also help clients update relevant staff on Tax developments on a regular basis, and provide detailed in-depth guidance for particular individuals / roles.

Whatever your needs may be, Integrity Reliance (IR) will provide relevant and useful training effectively and efficiently. our team of Tax specialists is able to provide you with high quality, pragmatic advice that adds value and helps you mitigate the risk of fines and penalties at your business.

If you would like to discuss your specific Tax training requirements, please contact us.

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Our name is based on integrity, we are honest and follow top level of ethics, we don't offer, neither accept any kind of bribes & we do the right thing in all circumstances even if no one is watching.

We are passionate about our services, we strongly desire for excellence and provide high quality work, beyond our clients expectations. We do our best to accomplish our vision and mission with excellence.

We are more trust worthy because we show accountability towards our commitments and the work we do, showing accountability and responsibility increases the importance and value of our clients.

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Contact us

info@integrityreliance.com
Silo Road, Karte Mamoreen Square, near Kota Sangi, Kabul, Afghanistan.