Lainac Consultants
208 2nd Floor Gelfand House, Cr 1st & Speke, Harare 8.00 am - 4.30 pm
info@lainac.co.zw +263 8677 240236

TAXATION SERVICES

Taxation Services

Businesses increasingly find it difficult to keep up to the myriad and abstruse taxation system. With growing impact of multiple and ever-changing tax jurisdictions, we help our clients to identify, minimise and manage the incidence of such taxes within the framework of applicable laws. We provide a comprehensive and practical Tax solutions emanating from our highly specialised and leading Indirect and Direct Tax practices.

We help you in statutory compliance through pro-active tax planning and preparation of timely and up to date taxation schedules as well as tax advice upon request.

Tax Planning

Tax planning refers to financial planning for tax efficiency. It aims to reduce one’s tax liabilities and optimally utilize tax exemptions, rebates, and benefits as much as possible. Tax planning includes making financial and business decisions to minimise the incidence of tax.

Tax Clearance

A Tax Clearance Certificate is a pre-requisite in most corporate business dealings. A tax clearance certificate enhances business compliance profile as the taxpayer deals with other businesses. Increases stakeholders’ confidence in taxpayers’ business.

Income Tax

As per the income tax laws, the return must be filed every year by an individual or business that earns any income during a financial year. The law requires you to file every year that you have a filing requirement. The government can hit you with civil and even criminal penalties for failing to file your return.

PAYE Tax

The Pay As You Earn (PAYE) system is a method of paying Income Tax on remuneration. The employer is mandated to deduct tax from salary or pension earnings before paying out the net salary or pension. The employee may very well be at risk if the employer deducts incorrect amount of PAYE.