Tax health check is a methodological approach that we adopt in reviewing financial transactions with an objective of advising on the nature and extent of the exposure of organizations as regards to tax liabilities.
In the review, we are able to observe areas that organizations can confront in a bid to minimize on these tax liabilities. At the end of the review, we are able to help organizations come up with a formidable tax plan that minimizes on tax risks and maximizes on tax opportunities and help reframe tax objectives and goals.
Here are the key areas of focus in undertaking this assignment.
i. Areas of tax risks
ii. Areas of tax opportunities yet to be utilized
iii. Measures available to the company for tax planning purposes