Tax Services
Our tax services are built around clarity, compliance, and practical advice. We help businesses and individuals navigate the complexities of tax obligations, ensuring that filings are accurate, deadlines are met, and opportunities for legitimate savings are identified. Beyond compliance, we work closely with clients to provide insights that support better planning, reduce risk, and help make informed financial decisions.
Statutory Tax Filing
Statutory tax filing is a core compliance obligation and an important part of financial discipline. Proper filings ensure that tax positions are accurately reported, deadlines are met, and unnecessary penalties or disputes are avoided.
At MSM Chris & Associates, our statutory tax filing services focus on accuracy, completeness, and compliance with applicable tax laws. We prepare and file tax returns based on a clear understanding of your business activities, financial records, and statutory requirements.
Our work is structured and thorough, but practical. We focus on getting filings right the first time, supported by proper documentation and consistent treatment across reporting periods.
Our Statutory Tax Filing Services Cover
- Preparation and filing of annual corporate income tax returns
- Preparation and submission of individual tax returns, where applicable
- Review of financial information supporting tax filings
- Reconciliation of tax computations to accounting records
- Submission of returns in line with statutory deadlines
Our approach emphasises accuracy, consistency, and compliance, while remaining mindful of the client’s operational realities. We provide clear tax computations and supporting schedules for all filings. Documentation is maintained to support the positions taken, and to facilitate future reviews or queries from tax authorities.
Tax Health Check
A tax health check provides an objective review of an organisation’s tax position and compliance status. It is intended to identify gaps, inconsistencies, or exposures before they develop into disputes, penalties, or unnecessary costs.
At MSM Chris & Associates, our tax health checks are designed to give management a clear understanding of how tax matters are being handled across the business. We review key tax filings, computations, and supporting records to assess compliance with applicable tax laws and reporting requirements.
The process is structured and practical. We focus on areas of higher risk, recurring issues, and transactions that may require closer attention, while remaining mindful of the organisation’s size and complexity.
Our Tax Health Check Covers
- Review of corporate income tax filings and computations
- Assessment of VAT, PAYE, and withholding tax compliance
- Identification of potential tax exposures and compliance gaps
- Review of supporting documentation and record-keeping
- Consistency of tax treatment across reporting periods
The review is conducted independently and based on information provided by management. Findings are discussed openly to ensure clarity and accuracy before reporting. Our tax health check report highlights identified issues, areas of exposure, and practical recommendations. The objective is to support corrective action and strengthen ongoing tax compliance.
Tax Planning
Tax planning is about structuring affairs in a way that is compliant with the law, commercially sound, and appropriate to the circumstances of the business or individual.
At MSM Chris & Associates, our tax planning services focus on helping clients understand their tax position and make informed decisions within the framework of applicable tax legislation. We do not promote artificial arrangements. Our advice is grounded in substance, documentation, and long-term sustainability.
We work closely with clients to assess current structures, planned transactions, and future objectives. This allows us to identify lawful planning opportunities, manage tax exposure, and avoid unintended consequences.
Our Tax Planning Services Cover
- Review of business and ownership structures
- Tax implications of significant transactions or contracts
- Planning around profitability, cash flow, and growth
- Alignment of tax treatment with commercial substance
- Support on specific tax questions as they arise
Tax planning engagements are tailored to the client’s circumstances. We begin by understanding the business model, financial position, and objectives before providing clear, reasoned advice. Recommendations are practical, supported by legislation, and explained in plain language. We place emphasis on compliance, transparency, and professional judgement. The aim is to help clients plan responsibly, reduce uncertainty, and make decisions with confidence.
Transfer Pricing
Transfer pricing requires that transactions between related parties are conducted on arm’s length terms and properly documented in line with applicable tax laws.
At MSM Chris & Associates, we support clients in managing transfer pricing obligations through structured analysis, documentation, and compliance support. Our work is focused on ensuring that related party transactions are appropriately priced, supported by evidence, and capable of withstanding review by tax authorities.
We take time to understand the nature of the group, the functions performed, assets employed, and risks assumed by each party. This forms the basis for determining arm’s length pricing and preparing defensible documentation.
Our Transfer Pricing Services Cover
- Review of related party transactions and existing pricing policies
- Preparation of transfer pricing documentation and local files
- Functional and economic analysis
- Benchmarking studies using appropriate comparables
- Support during tax authority reviews or enquiries
Transfer pricing engagements are carefully scoped and tailored to the client’s structure and transactions. Our approach is methodical and aligned with applicable legislation and international guidelines. Findings and recommendations are discussed with management to ensure clarity and consistency before finalisation.
Raphael Mwangangi, MSc Fin, CPA(k)
Head of Tax, MSM Chris & Associates
Tel: +254 (0) 703 125 358
Email: tax@msmchris.co.ke
