ACCOUNTING SERVICES:
*Book-keeping and compilation of financial Statements*Design and implementation of accounting information Systems
*Preparation of Accounting Manuals
*Cost and Management Accounting Services
TAX ADVISORY SERVICES:
At HIA Business and Management Consultants, our professionals are extensively trained in taxation matters and we strive to develop a clear understanding of your financial goals.We look at areas of exposure to unexpected tax liabilities, and how current and proposed laws impact your tax planning. Our tax services are diverse because we proactively hunt for the suitable strategies to serve you best let alone our Wide Knowledge of Ugandan and international Tax Laws, one of our Directors having worked at the Tax body for over seven years.
From practice, we realize that Tax planning is an indispensable element of the tax preparation process. By making tax planning part of your overall business strategy, you can use our experience and access to the most current new developments in the tax laws to minimize both your current and future tax liabilities.
Our substantial experience in tax groundwork enables us to accurately and efficiently prepare returns for various types of entities including individuals, corporations, partnerships, trusts, estates, and non-profit organizations. Important to note is that our managing director is among the listed URA domestic tax agents for the financial year 2020/2021. Below are some of the taxation services we Offer;
*International and regional tax planning
*Vat and local excise duty modelling
*Income tax modelling
*Tax health checks
*Customs taxes management planning
*Tax returns preparation and filing for all tax types
*Transfer pricing
*Tax opinions
*Preparation of requests for rulings, petitions for reinvestigation
*Requests for tax refunds or tax certificates
*Income tax exemption Processing
*Compromise settlements or abatement of tax liability among others.
BUSINESS ADVISORY SERVICES:
The Business Advisory Services include the following- Audit and Compliance
HIA Business and Management Consultants provides assurance services to clients in a number of industries using the most advanced auditing and accounting tools available, including risk-assessment evaluations, auditing software and integration with tax return software. We maintain high standards of professional practice, including a strong system of quality control that emphasizes independence and objectivity and includes many control features that exceed our profession’s requirements.
- Benefits Plan Services
We view our role in the financial reporting process as an opportunity to provide constructive solutions for maximizing your company’s profitability and efficiency. There are many reasons employers institute employee benefit plans, but the most fundamental is to address the needs of their most valuable asset – their employees.
Whether the plan is a profit-sharing plan, or a defined benefit retirement or health and welfare plan, HIA business and Management consultants Uganda ltd possesses the experience and technical knowledge to provide assurance services for a variety of Employee Benefit Plans. This concentration and depth of experience gives our employee benefit plan audit team a broad understanding of the industry and the issues affecting your plan.
- Bookkeeping and Payroll Services HIA Business and management consultants’ Bookkeeping and Payroll team provides specially tailored services that meet the needs of your business and saves you time. We provide proficient, organized and professional services that allow you to regain treasured time to focus on daily business operations and growth. Not only do we offer up-to-date software but you will have access to trained professional book keepers that you can trust. Our approach helps you save money by only paying for the exact volume of bookkeeping you need, without incurring additional overhead costs. Your performance is our top priority so we will shape our work around your needs so that you receive exceptional services from us at HIA Company.
- Business Valuation
Business Valuation is not an exact discipline. It is based on judgment, experience and relevant information. You need professionals who are well qualified, with significant experience in evaluating all types of organizations. HIA Business and Management Consultants can provide you with the information you require. We pledge to appraise closely-held businesses in a wide variety of industries.
- Estate Planning
Effective Estate Planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. We can guide you through the complex process of getting your financial affairs in order.
This evaluation would involve reviewing current wills and trusts to determine whether or not they provide a realistic approach for utilization of the estate tax exemption. In addition we will make recommendations that utilize the most current techniques available to reduce any net estate tax that might be due.
- Fraud Detection and Deterrence
Occupational fraud and employee theft have become all too common in today’s business environment. Almost every organization, regardless of size, is exposed to some degree of fraud risk. Internal controls and employee knowledge and understanding of those controls are an organization’s best line of defense against occupational fraud and employee theft.
At HIA Business and Management Consultants, we provide a wide variety of services related to the detection and deterrence of fraud. Our team has the expertise necessary to assist your organization in the design and implementation of internal controls that will help protect your organization against attacks from within.
- Financial Advisory services
We can also help you put in place documents that reduce potential probate expense as well as assist the Executor in preparation of estate tax returns or estate income tax returns. Our judgement is that no other professional knows your personal financial situation better than your accounting and tax cosultant, thereby he or she should be helpful in the development of your plan.
HIA Financial Advisors provides investment management and planning services. Investing your money to achieve maximum returns and long-term security requires a well-defined investment strategy. We customize each recommendation and suggest specific investments using sound principles including Diversification, Tax Efficiency and Total Portfolio Coordination.
HIA Business and Management Consultants offers a fee-based service that delivers a more client centered approach. Our independence and objectivity allow us to have the freedom to seek a myriad of resources and services that are far different from the typical retail broker. We tie your investment management strategies together with your tax management goals to maximize your overall return. Our further Broad categorization of our advisory services include;
• Financial management services
• Business analysis
• Strategic planning and development using balanced scorecard
• HR management consulting
• Organizational development and behavior consulting
• Change management consulting
• Business Valuations
• Process modelling and management
• Risk management consulting
