The Tax Compliance Strategies and Tax Disputes Management for Saccos training provides SACCO leaders and finance professionals with the essential tools and knowledge to navigate the complexities of tax regulations while optimizing their financial strategies. As Sacco’s face unique tax challenges, understanding the tax implications of their operations, investments, and member transactions is crucial for ensuring compliance and financial sustainability.

This training will cover effective tax planning, risk management, tax disputes resolution and strategies for maximizing tax benefits, all while maintaining alignment with regulatory requirements. Participants will gain practical insights into managing taxes efficiently and leveraging financial strategies to drive growth and stability within their Sacco’s.

Some Key areas of focus:

·         Understanding key tax provisions affecting Saccos: a discussion on the corporate income tax considerations including the exemptions provided for certain SACCO incomes, VAT considerations, excise duty considerations and other compliance obligations.

·         Tax Planning and Strategy Development: discussion on the various SACCO business models and income streams and specifically how these can affect the corporation tax treatment.

·         Tax Implications of SACCO Investments: What are the implications of SACCO investments in various asset classes such as real estate and shares in other cooperatives?

·         Tax Reporting and Documentation: Gain insights into proper tax reporting, including the preparation of accurate tax returns, financial statements, and supporting documentation.

·         Handling Audits and Tax Inspections: Gain knowledge on how Sacco’s should prepare for audits and tax inspections, including what to expect during these processes and how to maintain accurate and transparent financial records to pass scrutiny.

·         Effective Governance and Oversight for Tax Management: Focus on best practices for SACCO boards and management teams to ensure proper governance over tax strategy and compliance, including how to monitor tax obligations and foster a culture of compliance within the organization.

Why Attend?

Gain actionable insights from seasoned finance and taxation experts.

Network with like-minded business owners and professionals.

Receive practical tools and templates for effective financial management.