Tax & Compliance

Are taxes holding your business back, or helping it move forward?

Most businesses only think about tax when something is overdue. We build the calendar upfront, file everything on time, and deal with the IRD directly, so tax becomes a managed cost, not a recurring crisis.

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Tax and compliance
NHK Associates Delivers

On-time, accurate tax submissions

On-time, accurate tax submissions that keep your business compliant and penalty-free.

Multi-state compliance handled

Multi-state compliance requirements handled smoothly as your business grows.

Audit & notice support

Expert audit and notice support from a team that knows your books inside and out.

Proactive tax planning

Tax-saving opportunities identified through proactive planning and optimisation.

What we cover

Tax services for every obligation

Corporate Tax

Income tax returns, advance tax schedules and tax computations for companies, filed on time and reconciled to your accounts.

Income Tax Filing

Personal and partnership income tax returns prepared and submitted, with supporting schedules and tax payment planning.

Capital Gains Tax

Calculation and reporting of gains on disposal of assets, with advice on timing and structuring to manage the liability.

VAT

VAT registration, periodic return preparation, reconciliation and submission, including voluntary registration where it is advantageous.

APIT

Advance Personal Income Tax schedules for employees and service providers, with monthly calculations and remittances to the IRD.

TIN Registration

Taxpayer Identification Number registration for individuals and entities, handled end-to-end with the Inland Revenue Department.

SSCL

Social Security Contribution Levy registration, quarterly return preparation and submission for applicable businesses.

Not sure which of these applies to you? Describe your situation and we'll tell you exactly what is required.

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Tax season doesn't have to be stressful.

When the calendar is built and every deadline is tracked, tax becomes routine. Let us set that up for your business.

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Questions

Tax questions answered

Anything not covered here, ask us directly and we will answer it the same day.

Do I need to register for VAT?+

Registration is mandatory once your taxable turnover exceeds the prescribed threshold in a 12-month period. Voluntary registration is also available and is often advantageous for businesses that deal primarily with other VAT-registered entities. We assess your position and advise on timing.

What is APIT and does it apply to my business?+

Advance Personal Income Tax (APIT) applies to any business that makes payments to employees or to individuals for services. The payer is responsible for deducting and remitting the tax monthly. If you have payroll or service providers, APIT almost certainly applies.

What is SSCL and how is it calculated?+

The Social Security Contribution Levy applies to businesses with quarterly turnover above the prescribed threshold. It is calculated on gross turnover at the applicable rate and must be filed quarterly. We handle registration and returns for all applicable clients.

What happens if we have missed tax filings?+

Penalties accumulate but the situation is always recoverable. We assess what is outstanding, prepare the overdue returns, and where possible correspond with the IRD to minimise penalties. Starting the conversation now is always better than waiting.

Contact

Talk to our team

Tell us what you need help with and we'll get back to you within one business day.

Office

Highlevel Plaza, Delkanda
No. 82, First Floor
Nugegoda 10250