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Our Services
Accountancy And Tax
Sometimes the annual accounts and tax can be regarded as looking back over old ground rather than going forward. We like to take a more positive stance, in the belief that sound financial accounts must be the foundation for evaluating past performance and projecting future performance.
The needs of each client will differ. Whatever the requirements we have found that experience in a wide range of different trades combined with a time investment in understanding your business and a team of well trained staff enables us to minimize the number of queries we have to raise with you and make the process painless and positive as well as enabling us to do our job efficiently – something on which we pride ourselves.
The needs of each client will differ. Whatever the requirements we have found that experience in a wide range of different trades combined with a time investment in understanding your business and a team of well trained staff enables us to minimize the number of queries we have to raise with you and make the process painless and positive as well as enabling us to do our job efficiently – something on which we pride ourselves.
Taxation and Tax Planning
Taxation services are split into two distinct areas: compliance services that is to say making sure that all necessary returns are made and that the correct tax liabilities are paid at the correct time and tax planning. It’s not how much you earn that matters ………… it’s how much you keep! Our philosophy on tax is straightforward. We want to see our clients paying as little as possible, with a minimum amount of aggravation and paper work from the Mauritius Revenue Authority.
We can help you with the Preparation of annual tax returns, both for companies and individuals, providing PAYE and VAT Services. Since every business and every individual is different, with a different background, different goals, different circumstances, so our advice has to be different in each case. We can help you with tax saving opportunities in relation to the need to incorporate a company, maximising relief on business overheads and expenses, investment decisions and tax implications and etc. Tax planning best results from a regular dialogue between accountant and client – it’s a two way process of communication.
We can help you with the Preparation of annual tax returns, both for companies and individuals, providing PAYE and VAT Services. Since every business and every individual is different, with a different background, different goals, different circumstances, so our advice has to be different in each case. We can help you with tax saving opportunities in relation to the need to incorporate a company, maximising relief on business overheads and expenses, investment decisions and tax implications and etc. Tax planning best results from a regular dialogue between accountant and client – it’s a two way process of communication.
Payroll Administration and Management
Administering payroll is becoming increasingly burdensome for many businesses, taking more and more time and resources away from core business functions. At Poonyth & Co., our dedicated staffs will help you devise a system to meet your obligation, both legal and social as an employer in a completely confidential and cost-effective manner.
Our services include:
- Processing of salaries, including allowances, benefits and overtime.
- Providing customized payslips
- Statutory filing and payment of PAYE and CSG/NSF/PRGF
- Ensuring compliance with remuneration orders
- Preparation of statutory yearly Returns and preparation of Statement of Emoluments
- Handling MRA, CSG and related queries
- Assisting in PAYE audit
Specialist Advisory Services
In order to provide comprehensive and complete solutions, Poonyth & Co. has established close working relationships with Me. Neerunjun Seenuth in Port Louis. Me. Seenuth, Barrister-at-Law, who started his career as a Graduate Superintendent of Customs took an early retirement to start his own Legal Practice and specializes in Customs, Excise, VAT and Revenue Law. In the Public Service, Me. Seenuth has successively served as Commissioner for Sales Tax, Commissioner for VAT and Commissioner for Fiscal Investigations. He has also helped in the setting up of the Mauritius Revenue Authority. We also have good business relationship with reliable Attorney at-law Chambers and reliable Legal Chambers.
Business Consultancy and other services
- Improve profitability to increase the wealth of clients. Our record speaks for itself.
- Preparation of projections and comprehensive business plans for bankers and lenders in the format which they require and understand.
- Buying or selling a business for a win- win situation.
- Corporate Secretary, Company Formation and Provision for Registered Office.
- Management of Tax affairs for prior years.