Tax
Tax Overview
KPMG’s Tax practice in Nigeria seeks to serve clients’ business needs proactively. The firm has developed niche areas of knowledge such as Petroleum Profits Tax, VAT, Customs, Personal Income Tax and Withholding Tax Management. Industry niche units offer focused tax advisory services to clients in all major sectors of the Nigerian economy.

Tax Services
Advisory work involves opinions on contract structuring, cross-border tax planning, mergers and acquisition, tax and business implications of new legislation, immigration advisory services and retirement benefits.

Compliance work involves preparation and filing of tax returns (petroleum profits tax, corporate tax, VAT, personal income tax and withholding tax), representing clients at tax audits/investigation conducted by various tax authorities.

Contract Services provides outsourcing services in respect of payroll management, VAT management, withholding tax management and HR outsourcing services.

Regulatory Services
Regulatory Services helps clients resolve business problems arising from the intricacies of the Nigerian business and regulatory environment. Regulatory Services serves a select clientele among multinational corporations operating in Nigeria. Operating within the framework of the firm’s multi-disciplinary organization.

Other Services
Incentive Arrangements
KPMG provides employers with advice on a range of employee incentives: from cash-based bonus schemes to more complex deferred and share-based plans, from designing employee share schemes and stock option plans, to performance share plans, and employee share ownership plans (ESOP), etc.

Pay Structure Design & Development
KPMG has developed an approach to remuneration structuring that recognizes the value of key competencies and links these to pay. The firm has experience in designing mix pay plans that provide a strong incentive for employees to learn, recognize critical knowledge and skills, and align individual behaviour to pay and performance.

Business Services
Through our Business Services, we provide a wide range of services to support our clients’ business operations. We assist them with the administrative and logistical problems often encountered by companies operating in Nigeria. The objective is to free up our clients time and enable them to focus on their core business functions.

For further information contact:
Yomi Sanni
e-Mail address: yomi.sanni@ng.kpmg.com
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