Tax Risk Management

A business’s effectiveness can be measured by its Inland Revenue management and good governance on their part. This means that an explicit tax risk management policy is a good thing for enterprises. Tax risk management is a crucial subject for any organization which is why it must be an imperative part of the company’s overall risk management policy.

How we can help

By setting up a strategy that takes the relevant factors into account and managing processes optimally using our technical expertise, we help the client deal with their IR risk reviews and disputes efficiently.

At BHW, we assist clients with:

  • periodic review of tax practices and processes

  • documenting tax policies

  • ensure your tax obligations are managed effectively

  • tax training for those performing tax functions

  • tax manuals for carrying out key tax functions

  • ensuring return prep subject to appropriate controls and reviews

Assessment of Risk areas
We offer clients with suitable opportunities to opt for improved tax systems. This means identifying the key risks involved and helping with countermeasures and remediation.

Inland Revenue Audits
We take care of our client’s time-consuming management of Inland Revenue audit and reviews by helping them manage it.

Proactive management
We assist businesses with cash flows and reduce disclosure with money, penalties, and interest by efficiently utilising tax intermediaries for financing tax obligations.