Tax

Baker Tilly tax team provide strategic guidance for individuals and businesses navigating complex tax implications. Our experienced advisors deliver tailored solutions to minimize tax burdens and optimize efficiency.

Services:

1. Tax Opinions: we offer expert insights on Income Tax, Capital Gains Tax, VAT, Withholding Tax, Transfer Pricing, Employment Tax, and regulatory changes to ensure compliance.
2. Tax Planning and Optimization: we can offer customized strategies to reduce tax liabilities and maximize savings.
3. Mergers & Acquisitions and Corporate Restructuring: we offer guidance on tax implications during mergers, acquisitions, and reorganizations.
4. Tax Compliance and Reporting: we offer aassistances in adhering to tax laws and optimizing compliance efforts.

Additional Services

• Review of Legal Documents: we analyses legal documents to ensure compliance and mitigate risks.
• Advance Tax Ruling: we assist in obtaining advance tax rulings for clear guidance on tax obligations.
• Global Mobility: we offer help to manage employee relocations, addressing tax and compliance issues.
• Payroll Policy: we create customized payroll policies to ensure compliance with regulations and streamline processes.

We also offer consultations on transactions from a tax perspective for Zimbabwe, Botswana, Zambia, and Malawi, identifying risks and recommending mitigation strategies.

Baker Tilly offers comprehensive transfer pricing solutions to ensure compliance and optimisation of your tax position:

1. Contemporaneous Documentation - we create master files, local files, and country-by-country reports in accordance with OECD guidelines, supported by economic analyses to confirm the arm's length nature of intercompany transactions.
2. Transfer Policy Documents - we can assist you to prepare policy documents that provide clear guidelines for pricing related party transactions, ensuring thorough implementation for compliance and sustainability.
3. Gap Analysis - we assess your current transfer pricing practices, offering recommendations to enhance compliance and effectiveness.

Additional Services

• We can assist your business to submit a proper Transfer Pricing Returns
• We can assist to apply for Advance Pricing Agreements (APAs)
• We offer Risk Assessment and Dispute Resolution
• We also assist with Mergers and Acquisitions.
• We offer Transfer Pricing Planning services

We also offer consultations on transfer pricing complexities for Zimbabwe, Botswana, Zambia, and Malawi, identifying risks and recommending mitigation strategies.

Baker Tilly tax team provides a range of tax compliance services. With increasing disputes over tax law interpretations, taxpayers need expert support throughout the tax compliance lifecycle.

• Corporate Income Tax Compliance
• Value Added Tax Compliance
• Withholding Tax Compliance
• Payroll Tax Services
• Personal Income Tax Compliance (including international assignments)
• Capital Gains Tax Compliance
• Tax Clearance Services
• Tax Type Registration/Deregistration
• Customs and Excise Duty
• Wealth Tax
• Double Taxation Agreements Interpretation
• Taxation of Expatriates
• Submission of returns
• TaRMS Registration and Compliance
• Voluntary Disclosure
• TaRMS Reconciliation
• Tax Due Diligence
• Tax Computations and Review
• Tax Planning

We also offer tax compliance services for Zimbabwe, Botswana, Zambia, and Malawi, identifying risks and assist you in preparing, managing, and executing tax filings in today’s changing regulatory landscape.

At Baker Tilly, our tax planning service as designed to help individuals and companies strategically manage their tax obligations while maximizing opportunities for savings and compliance. Our team of experts works closely with you to understand your unique business structure and goals.

1. Customized Tax Strategies: - we develop tailored tax strategies that align with your business objectives, ensuring you take advantage of all available tax incentives and deductions.
2. Compliance Assurance: - we stays updated on the latest tax regulations to ensure your business remains compliant, minimizing the risk of penalties and audits.
3. Tax Risk Management: - we identify potential tax risks and recommend proactive measures to mitigate them, protecting your business’s financial health and reputation.
4. Profit Optimization: - we are analysing your financial data; we help you implement tax-efficient practices that enhance profitability and cash flow.

We also offer tax planning services for Zimbabwe, Botswana, Zambia, and Malawi, identifying risks and recommending mitigation strategies.

Baker Tilly experts provide insights on global tax regulations, ensuring compliance while optimizing tax efficiency. We assist with transfer pricing, international tax planning, and managing tax risks associated with global operations, empowering your business to thrive in the international marketplace.

1. Transfer Pricing Compliance: we ensure that your business adherence to regulations while optimizing intercompany pricing strategies.
2. Tax Treaty Analysis: - We can help identify jurisdictions to establish investment and tax planning strategies regarding international withholding taxes.
3. Risk Assessment: we can assist you in Identifying and mitigating potential tax risks in foreign jurisdictions.

With our International Tax services, we help you make informed decisions that support your global growth strategy.

At Baker Tilly, we offer tax dispute resolution services and facilitate effective communication and negotiation between taxpayers and revenue authorities.

1. Advisory Services: we provide expert advice on interpretation and application of legislation .
2. Negotiation Support: our team assists in negotiating with tax authorities to reach favourable settlements, aiming to minimize liabilities and waiver of penalties.
3. Representation: we represent clients in formal proceedings, including hearings and appeals to the revenue authorities, ensuring your interests are effectively communicated.

We ensure accurate information submission and effective classification for tax purposes, liaising with authorities to facilitate a smooth audit process without causing anxiety for your business.

Baker Tilly offers comprehensive tax training to empower individuals and businesses with essential tax knowledge. Our expert-led sessions and interactive workshops cover tax planning, compliance, and strategy, combining theory with practical application.

Upcoming Seminars:

• 2025 Tax Updates Seminar Date: 22 January 2025 Location: Rainbow Hotel, Harare Stay informed on legislative changes and emerging trends.
• Payroll Tax Indaba Date: 19 March 2025 Location: Cresta Sango, Harare Explore payroll taxation regulations and compliance strategies.
• Income Tax & Transfer Pricing Date: 16 April 2025 Location: Rainbow Hotel, Harare Master regulations and reporting frameworks for compliance.
• 1st Annual Tax and Business Winter School Date: 4–5 June 2025 Location: Manor Resort Learn advanced tax strategies in a collaborative environment.
• 2nd Annual Tax Summer School Date: 15–18 October 2025 Location: Troutbeck Resort Dive into advanced tax concepts and planning techniques.
• VAT and Withholding Taxes Date: 20 November 2025 Location: Rainbow Hotel, Harare Understand compliance and optimization strategies for VAT and withholding taxes.

Additional Services:

• Client-Specific Training: Tailored programs addressing unique tax challenges and enhancing compliance.
• Executive Briefing: Customized sessions for decision-makers focusing on strategic tax planning and risk assessment.
• Tax Webinars: Virtual sessions offering updates on tax laws and compliance strategies.

At Baker Tilly, we can review a taxpayer's tax and accounting records to determine compliance with applicable tax laws. This review often includes quantifying tax exposures and providing recommendations for enhancing compliance.

1. Tax Returns Review: we thoroughly examine the accuracy and completeness of your filed tax returns, identifying any errors or omissions that could lead to penalties.
2. Compliance Check: our team reviews your adherence to tax laws and regulations, ensuring all payments are made timely and accurately.
3. Risk Assessment: we identify potential areas of risk, including underpayment or overpayment of taxes, and evaluate your exposure to penalties.
4. Tax Planning Recommendations: we provide tailored recommendations to enhance your tax compliance and reduce risks, such as improving record-keeping, adjusting filing procedures, or seeking professional advice.
5. Ongoing Assistance: we offer continuous support to help you maintain compliance, including reminders for deadlines, and strategic tax planning guidance.

We can help companies identify potential taxation issues, explore resolutions and increase corporate value by effectively dealing with uncertainty in business management and limiting tax liability risks.

At Baker Tilly, we offer comprehensive tax advisory services tailored for Private Voluntary Organisations.

Tax Exemptions: we offer guidance on how to secure tax exemptions for PVOs engaged in charitable activities, including corporate income tax, and Value Added Tax exemptions.

Our tax professionals can help you understand the specific tax regulations governing PVOs and ensuring compliance and maximizing their impact to the society

Baker Tilly's Tax Manuals and Standard Operating Procedures (SOPs) provide essential guidance for compliance and efficiency in taxation. Crafted by our experts, these documents ensure clarity and adherence to tax regulations.

Services:

1. Tailored Documentation: we offer ccustomized Tax Policy and Procedure Manuals to meet your organization's specific needs.
2. Regulatory Compliance: we offer a ccomprehensives guideline to ensure adherence to tax laws and regulations.
3. Risk Mitigation: we can assist your business to be pproactive, identifyy and management of potential tax risks.
4. Training and Implementation Support: we help with the integration and utilization of resources

We can assist you to create a Tax Manual and Standard Operating Procedure (SOP) on taxation. In general, Tax Manual and SOP are prepared especially for company’s ‘good corporate governance’ in tax aspect.