Taxation

Business Tax

The risk of not paying tax is high. However the risk of not dealing with tax issues accurately can let you suffer a great loss and it can lead to business failure. This happens where your taxes are not properly accounted in your records in line with accounting standards and tax laws. We compute, process, remit and file tax returns. This is done in a professional manner.

We offer the following tax services in addition to the payroll tax (Pay As You Earn):

  • Withholding Taxes (WHT)
  • Customs Duty
  • Value Added Tax (VAT)
  • Turnover Tax
  • Income Tax

Any business registered by Malawi Revenue Authority is mandated to submit returns and accounts. We prepare accounts for taxation purposes in line with Generally Accepted Accounting Principles (GAAP). We also offer FREE advise on how the records of your business can be kept to ensure availability for future tax purposes

The benefits of outsourcing the services to us are:

  • attainment of clean record which gives confidence to customers to do business with you tax records

Payroll tax

Millennium Tax and Accounting services prepares and remits payroll tax for your business. Engaging Millennium Tax and Accounting services  to provide payroll tax will assure you that it will be done accurately at a low cost. The services include:

  1. Preparation/computation
  2. Remmitance
  3. Filing
  4. Payroll tax review

The benefits of outsourcing payroll services to us are:

  1. Avoid penalties since we compute and remit tax timely
  2. Enhanced payroll tax records

Tax Registration

Millennium Tax and Accounting services understands that one of the major moves towards the success of any business is to get known by authorities. This gives confidence and your business operates without fear and the customers trust your business as being legal. 

We register your company at absolutely ZERO COST. If your business is also not registered by the registrar we facilitate the process so as we get your business at an expandable stage. We value business growth and we make it clear that a business operating without complying with rules and regulations has a risk of failing tremendously at any stage.

Contact us now and enjoy our free service.