Thorough Tax Audit & Monitoring
Whether you want a proactive health check before NRS comes calling, need representation during an ongoing audit, or have past errors you want to correct — Joseph Dauda & Co. provides thorough, professional tax audit and monitoring services.
Do not wait for NRS to find your mistakes — find them first.
At Joseph Dauda & Co., we know that tax audits by NRS can be stressful, time-consuming, and expensive — especially if past errors or omissions are uncovered. That is why we offer proactive tax audit and monitoring services. We review your past and current tax positions, identify potential exposure, and help you correct issues before tax authorities come knocking. If you are already under audit, we defend you professionally from start to finish. Our team is licensed by ICAN and CITN, giving you confidence that your tax matters are in expert hands.
What Our Tax Audit & Monitoring Covers
Pre-NRS Audait Health Check
Before NRS announces an audit, we conduct a confidential review of your tax filings, calculations, and supporting documents. We identify errors, omissions, or inconsistencies — and help you correct them voluntarily.
Tax Liability Verification
Are you absolutely sure you have paid the correct amount of CIT, VAT, WHT, and other taxes? We verify your liability against your transactions, receipts, and applicable rates — ensuring no underpayment or overpayment.
Withholding Tax (WHT) Reconciliation
WHT credits are often lost or mismatched. We reconcile WHT deducted from your payments against credits claimed on your filings — and follow up on missing credit notes from customers or vendors.
Post-Audit Compliance Monitoring
After an audit is resolved, we help you implement corrective measures, train your team, and set up monitoring systems to prevent repeat issues in future years.
VAT Monitoring & Review
VAT errors are common — wrong rates, incorrect timing, unclaimed input VAT. We review your VAT processes, remittances, and filings to ensure accuracy and identify refund opportunities.
NRS Audit Representation
If NRS has already notified you of an audit, we take over. We prepare your documentation, respond to queries, negotiate assessments, and represent you in all meetings — so you can focus on running your business.
Common Tax Audit Challenges We Solve
Unprepared for FIRS Audit
Many businesses panic when NRS arrives because records are disorganized or incomplete. We ensure your documents are audit-ready at all times — no last-minute scrambling.
Disagreements with NRS Assessments
NRS sometimes issues assessments that are incorrect or excessive. We review the basis, prepare formal objections, and negotiate fairly on your behalf to achieve a reasonable outcome.
Missing WHT Credit Notes
WHT credits deducted by customers often never reach you or get lost in filing. We track them down, reconcile your schedule, and ensure you claim every credit you are entitled to.
Past Non-Disclosure or Errors
Found mistakes in previous years’ filings? We help you make voluntary disclosures, compute correct liabilities, and regularize your position with NRS under applicable rules — often avoiding maximum penalties.
Staff Not Tax-Compliant
Your finance team may lack up-to-date tax knowledge. We provide hands-on support and training during the audit process — and recommend monitoring systems to keep them on track going forward.
Ready to Work With Us?
Let’s discuss how we can help your business with audit, tax, and advisory solutions.
Make an Enquiry!
Other Services
Statutory Audit
Forensic Audit & Investigations
Receivership & Liquidation
Financial Accounting & Advisory
Tax Audit & Monitoring
Tax Consulting & Advisory
FAQS
Frequently Asked Questions
Tax consulting is proactive planning to minimize future tax liability legally. Tax audit is a review of past filings to verify accuracy and identify exposure — either internally (pre-audit health check) or in response to NRS. We offer both services.
Consider a health check if:
- You have never been audited by NRS
- Your filings were prepared by someone no longer with your company
- You have changed accountants recently
- You are unsure if past returns were correct
- You want peace of mind before an unexpected FIRS visit
We will:
- Request your past tax filings and supporting documents
- Recompute liabilities independently
- Compare your computations with NRS requirements
- Identify discrepancies, errors, or omissions
- Provide a confidential report with recommendations
- Help you correct issues voluntarily
Yes. If NRS has already notified you of an audit, we can take over immediately. We will:
- Review the audit notification and scope
- Prepare and organize all required documents
- Attend all meetings with NRS officers
- Respond to all queries and information requests
- Negotiate assessments and agree on final liabilities
A typical health check takes 1 to 3 weeks, depending on the volume of transactions and how organized your records are. An active NRS audit can take 1 to 6 months depending on complexity, cooperation, and any disputes.