Withholding Taxation

The income tax which is in respect of recurring payments at the source is often collected by the payer for making deduction on income tax account before making the payment. Generally, the deduction is known as Withholding Tax. This tax is applied on the dividends, royalties and interest. The taxation system ensures timely collection of the revenue and provides the taxpayer chance to pay their taxes either on monthly basis or in installments.

Since rules and regulations change on an ongoing basis, the situation becomes complex. In order to provide right and updated Withholding Taxation service, Apex Pro Advisors is offering the best and accurate services with excellence.

Withholding Taxation services offered by Apex Pro Advisors

Since our clients are our top most priority, our experts understand their business and then offer them customized services. Some of the services provided by Apex Pro Advisors are:

Guiding the companies whose WHT have been deducted at source to assist them in accompanying tax credits note in alignment with the company which made the WHT deduction from the vendor invoices

Communicating and following up with the tax authorities about WHT matters and to obtain receipts

Review the tax returns and identify the errors

Providing assistance on special projects

Assisting the businesses in remitting withholding tax deducted from the vendor’s invoices

Representing on behalf of the client at regular WHT audits

Determining the non-compliance with the WHT laws for recovering the tax along the penalties

Get tax account reconciliations done in liaison with the finance department

Keep client’s tax liability at minimum level

Benefits of Apex Pro Advisors Withholding Taxation services

Professionals will perform the taxation services
Regular check on appropriate recording of withholding tax
Keeping the tax lability at low leve
Less chances of having errors in the tax documents
Avoiding the penalties
Ensuring compliance with the WHT rules and regulations