28/09/2024
*Tax Management Challenges of SMEs*
From practical experience, growing companies esp. SMEs find it difficult to manage tax challenges when the state tax authorities come for spot checks or tax audit. They pay heavily in penalty and interest after such visits because they lack good records and management. Below are areas tax officers hold them liable for infractions:
a.PAYE
b. WHT
c. Capital Gains Tax
d. Dev. levy
e. Premises levy
We have designed strategies that the SMEs can adopt to reduce burden of additional tax liabilities. If you need help just click on this link:
Jno Professional Services
Business Account
28/09/2024
PAYROLL & PAY SLIPS FOR SMEs
Companies are required to register with the State Internal Revenue Service to remit PAYE and pay other levies. Many SMEs lack basic skills to prepare professional payroll and pay slips for staff salaries. This impairs their ability to comply with tax law requirements on salaries. In many cases, the company pays staff without deducting tax, talk less remittance. During tax audit these companies are charged interest and penalty for the PAYE they failed to pay to government at time of paying salaries. Thus a company ends up paying heavily including for ex-staff.
With aid of technology we can help you run payroll and pay slips while you face your business and save cost. IF YOU ARE INTERESTED CLICK THIS LINK: https://wa.link/h21v5x
28/09/2024
CHALLENGES OF GROWING BUSINESSES - INVENTORY
One of the many challenges faced by growing companies mostly in class of SMEs is how to track and manage inventories (stock of goods). Some of the problems are:
a. Inability to establish accurate quantity of goods in store;
b. Errors in valuation
c. Problem of obsolete and bad inventory items
d. Loss of funds through pilferage and stealing
e. Challenge of bookkeeping and regulatory compliance
Most times business owners engage staff who do not even know what to do or ill-equipped.
CLICK THIS LINK TO GET HELP. https://wa.link/7um1nn
24/12/2023
WELCOME TO JNO Professional Services
YOUR FINANCIAL PARTNER
We are excited to welcome you to the official page of JNO Professional Services (JNOPS). Your trusted financial ally, where value-added services count.
At JNOPS, we specialize in providing top-notch accounting, taxation, and financial advisory services. Our dedicated team of professionals is committed to helping individuals and businesses navigate complex technical issues.
*Our Services*
Tax Planning and Compliance: Expert guidance to optimize your tax strategy.
Accounting and Bookkeeping: Precise, timely, and reliable financial record-keeping. Let us handle your accounting and bookkeeping functions under an outsourcing contract.
Financial Advisory: Tailored advice to secure your financial future.
Audit/Assurance: Strategies to improve your processes and reduce the risk of losses due to weak internal controls.
Why Choose JNOPS?
Personalized service, commitment to clients, proactive approach, and cost-effectiveness.
Let's Connect:
We're here as service providers and partners in your financial success. Feel free to ask questions, share your concerns, or explore how we can assist you. Your financial goals are our priority!
Contact Us:
Website: www.jnoprofessionalservices.com. [email protected]
0704 916 9552