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Filing of Tax Returns

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Tax & Compliance

Accurate, timely preparation and filing of all corporate and individual tax returns to ensure compliance, optimize deductions, and secure your Tax Clearance Certificates.

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Overview

Proactive Tax Compliance to Protect Your Business and Fuel Growth

Corporate tax compliance in Nigeria is a complex and heavily monitored regulatory environment. With the implementation of the Federal Inland Revenue Service (FIRS) digital platform, TaxPro-Max, and the strict auditing schedules of both state and federal authorities, errors in tax computations or delayed submissions lead to immediate assessments, severe interest charges, and penalties.

Managing monthly and annual filings—such as Companies Income Tax (CIT), Value Added Tax (VAT), Pay-As-You-Earn (PAYE), and Withholding Tax (WHT)—requires technical expertise and constant monitoring of ever-evolving tax laws. Correctly reconciling tax returns with your audited financial statements is essential; discrepancies serve as immediate triggers for audits or retrospective investigations.

Phillip Eze Osuji & Co. takes the burden of tax administration off your shoulders. We manage the entire preparation, reconciliation, and filing process on your behalf. Our tax consultants ensure your returns are optimized using all lawful capital allowances, tax reliefs, and incentives, allowing your organization to remain fully compliant while avoiding unnecessary tax leakages.

TaxPro-Max Experts Full optimization and management of FIRS digital tax filing accounts
Multi-Tax Coverage CIT, VAT, WHT, PAYE, tertiary education tax, and state levies
Penalty Prevention Proactive deadline tracking and rigorous data reviews to eliminate late fees
TCC Management Ensuring swift processing and delivery of annual Tax Clearance Certificates

Our Scope

Tax Filing Solutions We Deliver

We handle the calculations, documentation, and filing portals for all major state and federal tax heads.

Companies Income Tax (CIT)

Computation and filing of annual CIT returns, including capital allowances, loss reliefs, and minimum tax calculations, in compliance with FIRS regulations.

Value Added Tax (VAT)

Monthly reconciliation of input and output VAT, preparation of returns, and timely filing via TaxPro-Max to avoid penalties and interest charges.

PAYE & Employee Taxes

Monthly computation of employee PAYE, statutory deductions (NHF, Pension), annual employer returns, and liaison with LIRS and other state agencies.

Withholding Tax (WHT)

Management of withholding tax deduction schedules, filing of WHT returns, and tracking of tax credit notes to offset annual corporate liabilities.

Tertiary Education & Levies

Accurate computation and filing of Tertiary Education Tax, Police Trust Fund levies, and other federal and state regulatory development assessments.

Tax Clearance Certificates

Management of documentation, reconciliations, and direct follow-ups with tax officers to process and secure your corporate Tax Clearance Certificate (TCC).

Compliance Cycle

How We Manage Your Tax Filings

  1. 01

    Tax Calendar Setup

    We map out your business structure and operations to construct a customized annual compliance calendar, detailing all state and federal filing deadlines.

  2. 02

    Data Gathering & Reconciliation

    We collect payroll schedules, transaction records, and financial statements, reconciling accounting registers with statutory taxable bases.

  3. 03

    Liability Optimization

    Our consultants compute your tax liabilities, optimizing claims for capital allowances, loss carryforwards, and applicable statutory reliefs.

  4. 04

    Management Review & Sign-Off

    We present draft tax computations, returns, and portal schedules to your management team for formal approval before submission.

  5. 05

    Portal Upload & Filing

    We file returns directly through FIRS TaxPro-Max and state revenue portals, generating tax assessments and payment reference numbers.

  6. 06

    Payment Verification & TCC Processing

    We verify the payments against the tax portals, close ledger issues, and coordinate with the tax offices to secure your annual Tax Clearance Certificate.

Quality Verification

What We Verify in Every Return

Capital Allowance Claims
Input-Output VAT Matching
Payroll PAYE Reconciliations
WHT Credit Note Allocations
Tertiary Education Tax Rates
TaxPro-Max Ledger Balances
Minimum Tax Exemption Rules
Transfer Pricing Disclosures
Timing of Payments & Filings
Loss Carryforward Balances
Non-Deductible Expense Reviews
State & Federal Assessment Matches

Why Choose Us

A Proactive, Compliant Approach to Corporate Tax Management

Corporate tax administration in Nigeria is a high-risk operational area. A single computation error or a filing delay can freeze tax portal accounts and result in heavy penalty levies. We combine a deep understanding of corporate finance with practical tax compliance experience to protect your business.

Our firm is licensed by the Institute of Chartered Accountants of Nigeria (ICAN) and the Chartered Institute of Taxation of Nigeria (CITN). Our partners oversee all client tax portfolios, ensuring that your corporate tax strategies are legally compliant, completely reconciled, and optimized to reduce liabilities.

  • Authorized tax practitioners registered with CITN and ICAN
  • Deep expertise in FIRS TaxPro-Max platform management
  • Combined expertise in federal and all 36 state tax filings
  • Proven track record in securing corporate Tax Clearance Certificates
  • Proactive compliance tracking that prevents late filing penalties
  • Partner-led reviews ensuring all eligible tax incentives are claimed

Get In Touch

Ready to simplify your tax compliance?

Contact us today to discuss your tax preparation and filing requirements. Our experienced tax partners will respond within one business day to organize a compliance plan for your business.

Request a Tax Consultation