Tax & Regulatory

Managing tax and statutory compliance is no longer optional. Regulators have invested in automation and capability, while international trade, new laws, frequent amendments and enhanced disclosures have redefined the scope of tax functions.

Companies are therefore seeking innovative, cost‑effective, consistent and sustainable ways to meet obligations. SKM’s tax compliance team brings vast experience to help you manage and meet requirements efficiently.

Our services include

• Tax compliance and related tax planning
• Tax provision preparation
• Statutory accounting, bookkeeping and payroll compliance
• Compliance process setup and improvement

SKM provides expert advisory tailored to your unique needs. Whether you are an individual, SME or large corporation, we help you navigate complex regulations, optimize strategy and minimize liabilities with comprehensive planning and compliance support.

The scope depends on each specific query or request, ensuring advice is focused, relevant and value‑adding.

Our tax health check provides a comprehensive review of your position—identifying risks, optimization opportunities and compliance issues. We deliver peace of mind and an action plan.

• Tax Compliance Review: Assess prior filings for accuracy and compliance.
• Risk Assessment: Identify potential red flags that could trigger audits or penalties.
• Optimization Opportunities: Improve strategies to enhance your tax position.
• Future Tax Planning: Practical recommendations for forward planning.
• Tailored Recommendations: Personalized, actionable steps.

Globalization and BEPS have increased disclosure and documentation requirements. Multinationals must maintain contemporaneous policies, master/local files and CbC reporting, updating policies when operating models change or at least every three years.

We help you develop defensible policies, document outcomes, implement processes, deposit with KRA and respond to queries.

Indirect taxes are involving and can create large liabilities when poorly managed. Effective planning and timely advice improve cash flow and working capital and avoid penalties and interest.

Our experienced team supports planning, management and effortless compliance across VAT, excise and customs.

Indirect taxes (VAT, excise and customs duty) are the most involving and as such complying with these obligations can be quite mind boggling and if not well handled can easily result to huge tax liabilities.

While planning and seeking timely advice can increase compliance, poor planning and failure to seek proper advice can result into huge tax liabilities.

If well managed, effective indirect tax management can improve cash flow and working capital besides avoiding any penalties and interest arising from noncompliance.

Our tax team is up to date and has vast experience that cuts across all industries in indirect tax matters and has assisted many clients plan, manage and meet their indirect tax obligations quite effortlessly.

Budgets are expanding and authorities are under pressure to collect, increasing audits and assessments. We assist with KRA audits, responses, objections, TAT documents and representation—working toward prompt resolution.

The budgets for most countries across the globe have been bulging at an increasing rate. As such, more than ever before revenue authorities especially for those countries that rely on taxes quite significantly to finance their budget are under immense pressure to collect more revenue. In a bid to collect more revenue and meet their targets, revenue authorities have increased taxpayer audit reviews and issuance of additional assessments to taxpayers whom they feel have underpaid taxes.

Our Tax Dispute Resolution teams assist clients manage KRA audits, prepare appropriate responses to the KRA queries, prepare objections against assessments, prepare Tax Appeals Tribunal documents, represent clients at the Tax Appeals Tribunal and spearhead a prompt resolution of the tax dispute.

Every shilling saved counts. Tax planning ensures you pay the correct tax—reducing risk, improving cash flow and working capital.

Key questions:

• Are you paying more tax than you ought to?
• Is your organisation operating in a tax‑optimal manner?
• What is your effective tax rate?

We integrate tax planning into business operations to deliver savings and better outcomes.

Expansion via new entities, acquisitions, mergers or buy‑ins can introduce hidden liabilities. Our financial, tax and legal due diligence follows a robust risk‑based methodology to flag exposures for both buy‑ and sell‑side.

We also support post‑deal accounting, reporting, tax and legal settling‑in.

Beyond tax legislation, our proactive legal team can assist with:

• Advice on legal form, incorporation, registration, reorganisation and winding‑up
• Secretarial services
• Regulatory compliance reviews
• Contract review and advice

Tax and regulatory topics evolve quickly. We offer refresh training to keep finance and tax staff up to date.

• Tailored to your needs
• Flexible delivery (time and place)
• Contextualized to local and international changes
• Reference materials provided
• Certificates of Participation
• Accredited with DIT—eligible participants may seek reimbursements