A fast-growing Small and Medium Enterprise (SME) in the retail sector approached BGNL facing challenges with tax compliance, payroll management, and accurate financial reporting. The company had expanded rapidly, but limited internal expertise in finance left them struggling with compliance deadlines and inefficient financial processes.
The Challenge
Frequent penalties from late or inaccurate tax filings.
Disorganized payroll systems causing errors in staff compensation.
Lack of clear financial reports for decision-making and investor confidence.
Limited understanding of changing regulatory requirements.
BGNL’s Approach
Our team conducted a thorough Tax Health Check to review the company’s past filings and compliance gaps. We then:
Designed a custom tax compliance calendar to ensure timely submissions.
Implemented a payroll system with automated statutory remittances (PAYE, NHIF, NSSF, Housing Levy).
Established bookkeeping and accounting processes with monthly reconciliations.
Provided corporate regulations guidance to align with governance best practices.
Offered ongoing advisory support to train the client’s management team on compliance and reporting.
Results Achieved
100% Tax Compliance: No penalties or missed deadlines.
40% Time Savings: Automated payroll and filing reduced administrative workload.
Improved Financial Clarity: Monthly management reports enabled better planning and budgeting.
Enhanced Trust: Stakeholders and investors gained renewed confidence in the company’s governance.
Client Testimonial
Partnering with BGNL transformed our operations. We now have peace of mind knowing our tax, payroll, and reporting are handled by true professionals. They’ve given us the confidence to focus on growth.
-Director, Carrums Solutions Limited
