Tax Advisory
Tax Advisory services are essential for ensuring compliance with local tax laws, optimizing tax liabilities, and making informed financial decisions. Kadira Estate Management Agency offers expert tax advisory services tailored to meet the needs of individuals, businesses, and real estate investors in Sri Lanka.
Tax Advisory Services provide comprehensive support in understanding and navigating the complex tax landscape in Sri Lanka. These services help clients minimize tax liabilities, comply with regulations, and optimize their financial strategies.
Tax Advisory Services
Client Briefing
Discussing the client’s financial situation, business operations, and tax-related concerns. Identifying the client’s objectives, such as tax reduction, compliance, or financial planning.
Tax Position Analysis
Analyzing financial statements, tax returns, and other relevant documents. Pinpointing potential tax issues, risks, and opportunities for savings.
Strategic Tax Planning
Developing long-term tax strategies aligned with the client’s financial goals.Advising on the most tax-efficient structures for businesses and investments.
Tax Incentives and Reliefs
Identifying available tax incentives, exemptions, and reliefs.Advising on how to effectively utilize these incentives to minimize tax liabilities.
Tax Compliance
Ensuring compliance with all filing requirements for income tax, VAT, stamp duty, and other applicable taxes. Tracking and managing tax filing deadlines to avoid penalties.
Documentation and Record-Keeping
Maintaining accurate records of financial transactions and tax-related documents. Preparing for potential tax audits and ensuring all documentation is in order.
Property Transactions
Advising on capital gains tax implications for property sales. Providing guidance on stamp duty obligations for property purchases and transfers.
Rental Income
Advising on the tax treatment of rental income and allowable deductions. Ensuring compliance with income reporting and tax payment requirements for rental properties.
Corporate Tax
Developing strategies to optimize corporate tax liabilities.Ensuring compliance with corporate tax laws and regulations.
Indirect Taxes
Advising on VAT and GST compliance, including registration, filing, and payment.Providing guidance on customs duties and excise taxes for imported goods.
Tax Disputes
Developing strategies to resolve tax disputes with tax authorities. Representing clients in negotiations and appeals with tax authorities.
Audit Support
Representing clients during tax audits and ensuring a fair process. Advising on post-audit actions, including payment of assessed taxes or filing appeals.
Why you Choose Kadira Estate Managment Agency
- Tax Efficiency: Optimizes tax liabilities and enhances financial efficiency.
- Compliance: Ensures compliance with local and international tax regulations, reducing the risk of penalties.
- Informed Decisions: Provides clients with informed advice to make strategic financial decisions.
- Risk Mitigation: Identifies and mitigates potential tax risks and issues.
- Peace of Mind: Offers clients peace of mind knowing their tax matters are handled by experts.