Tax Advisory Services

Allsave Services Tax Advisory Unit relies upon the experience and expertise of its professionals to provide a technological solution tailored-made to the needs of each client. In a legal environment where tax legislation is constantly changing, our Experts support the client’s business to be Tax complaint.

Corporate Income Tax

Tax adherence is a key element of corporate business strategy to achieve full tax compliance and reduce risks and its burden.

Our consultants provide client-specific tax services, such as:

  • Corporate tax compliance
  • Effective and tax-efficient strategies for optimal tax management
  • Tax Diagnostic Review of tax audits
  • Support and guidance during tax audits
  • Effective and tax-efficient planning for investments.
  • Evaluation of effective tax rate to reduce corporate tax burden. 
  • Advice on implementing of government tax regulations
  • Real-time online solution to parliamentary approval of new tax policies.

Indirect Taxes

Indirect taxes (sales taxes, customs duties, VAT, Levies  etc.) are constantly changing because of government fiscal policy and AU resolutions.

Managing indirect taxes becomes more complicated as their relative effect is not easily discernible, though it directly influences a company’s liquidity.

Allsave Services Tax Advisory provides guidance and tools for their proper management, including:

  • Identifying potential risks and opportunities through TAX diagnostic reviews
  • Information on relevant legislation as well as on developments in AU strategy
  • Assistance in strategic planning with respect to indirect taxes so as to manage their burden on the company’s profit and cash flows.
  • Support during tax audits or other tax proceedings.
  • Advising on strategy and planning aiming to reduce the risks and costs from indirect taxes non-compliance.
  • Advising on internal procedures and indirect tax-related risk management
  • Assistance during discussions with the tax authorities and preparation of individual enquiries as per the  GRA standards.

Tax Compliance

Constant changes in tax legislation and regulations make well-informed tax compliance extremely difficult.

We provide effective structuring and the best solutions regarding your tax compliance obligations, with a wide spectrum of services including but not limited to the following:

  • Regular audits and management reviews
  • Tax coordination of overseas activities
  •  Corporate income tax compliance
  • Indirect tax compliance
  • Tax consulting and support
  • Continuous improvement of procedures, leveraging our continued investment in technology and data collection and processing
  • Support during the client’s year-end tax audit and tax disputes with the tax authorities
  • Instant access to current and reliable tax information.
  • Review client Trial balance on case by case basis to reduce tax impact.

International Tax compliance

The reduction of the global tax rate applicable to businesses operating at an international scale is crucial to their success. Companies should approach their tax planning using criteria that go beyond the domestic tax laws of individual countries.

From establishing subsidiaries and branches to structuring for the repatriation of profits, our tax experts will help you optimize an impending tax charge and keep you informed on tax developments that affect your business.

Our services for international tax structuring include:

  • Effective and tax-efficient strategies for domestic and international investments.
  • Updates concerning international tax developments  which may impact client tax policies.
  •  initiative which may impact your business
  • Tax structuring for domestic and international transactions
  • Management of tax claims and liabilities
  • Advice on tax matters such as tax harmonization across AU ie AFCFTA , ETLS, Transfer pricing (i.e. TP) etc.

Transfer Pricing Documentation

In today’s global economic environment, which is in constant flux, companies especially multinationals trade with affiliated companies on a daily basis.

Transfer pricing, i.e. the setting of prices at Armed Length basis between legal entities within the same organization, has become a global issue. Relevant legislation is becoming more detailed and demanding, and there is ever greater need for a reliable documentation in order to mitigate the risk of penalties and interests imposed by the regulatory authorities.

Our Unit, which comprises tax consultants with many years of experience and a constant flow of information on transfer pricing, provides, inter alia:

  • Transfer pricing planning and compliance advice
  • Advice and support in the preparation of transfer pricing documentation in accordance with Ghana or foreign legislation
  • Support in transfer pricing audits
  • Benchmarking reports
  • Annual Returns of Transfer pricing with tax authorities.

Mergers and Acquisitions

In recent years, mergers and acquisitions have become the most common methods of company growth. A company may merge with a rival, a customer or a supplier, or with a differently oriented company in order to diversify its services and products; or it may proceed to a friendly or hostile takeover.

Our professionals provide, inter alia:

  • Tax evaluation and consulting on how to manage tax risks associated with acquisitions and mergers
  • Advice on the proper structuring of transactions in order to improve net cash flows
  • Due diligence -A tax assessment of the company before the acquisition or sale.
  •  Effective tax structuring of transactions
  • Support for improved tax solutions after the agreement.