How we can help
- Confirm the legal person and Tax Period before estimating liability.
- Reconcile accounting profit to taxable income instead of applying a flat percentage to sales.
- Consider reliefs and related-party dealings before approving the return.
A clear route from accounts to the tax return
Corporate Tax work starts with the legal person, the financial year and the applicable tax regime. Taxable income is established from accounting profit or loss with the adjustments required by law; applying a percentage to revenue is not a reliable computation.
Saif Chartered Accountants can help assess registration, prepare tax reconciliations and returns, review available elections and reliefs, and document the filing position. Free-zone status, related-party transactions and group structures need specific attention.
What the engagement can cover
Review of registration details and tax periods; mapping of income and expenses; identification of non-deductible items; relief and exemption assessments; related-party and connected-person schedules; and return working papers.
The team can also help coordinate the accounting close, information requests and internal approvals. Management should understand the material judgements and approve the completed return before submission.
Records to prepare
Share incorporation and ownership documents, the trial balance and financial statements, general ledger, asset register, financing agreements, related-party balances and contracts, prior tax filings and any FTA correspondence.
Agree the deliverables, exclusions, filing responsibilities and deadlines in the engagement. Keep the signed-off computation, schedules and evidence together for future queries.
YOUR NEXT STEPS
A practical way forward
- 01
Step 1
Confirm the regime, registration status and information needed.
- 02
Step 2
Prepare the tax reconciliation and supporting schedules.
- 03
Step 3
Resolve review points, obtain approval and complete the agreed filing.
CLEAR ANSWERS
Frequently asked questions
What should I prepare for an initial consultation?
Your entity documents, trial balance, financial year dates and details of significant or related-party transactions.
Does appointing a consultant transfer my filing responsibility?
Agree who prepares, reviews and submits the return. The business should retain the approved computation and evidence.
VERIFY THE DETAIL
Official sources & further reading
Source checks support this general guide. Your treatment depends on the facts, tax period and applicable legislation.
