Tax & Technical Advisory
Help with tax, NFRS or a complex financial matter
“We need help with tax, NFRS or a complex financial matter.”What owners tell us
The situation
Signs you are facing this
- An unusual transaction and no clear accounting treatment
- A tax notice or assessment you do not understand
- Uncertainty about VAT or TDS on a new contract
- Moving from NAS to NFRS, or first-time NFRS adoption
The situation
Help with tax, NFRS or a complex financial matter
Driver 1
Rules change every budget
Finance Acts revise rates and thresholds each year.
Driver 2
Standards are detailed
NFRS treatment of leases, revenue and financial instruments needs judgement.
Driver 3
Cost of getting it wrong
Interest, penalties and restated accounts.
- 1
Diagnose
Get the facts
Contracts, figures and correspondence reviewed.
- 2
Design
Analyse
The law, standard and IRD practice applied to your case.
- 3
Embed
Written position
A clear recommendation you can act on and file.
- Technical position paper
- Supporting calculations and evidence file
- Filing or disclosure recommendation
- Risk and next-step summary
Common questions
Do I need to apply NFRS?
It depends on the type and size of the entity. Our guide on NFRS applicability explains who must comply.
Where can I check current tax rates?
Our Nepal Tax FAQ is updated for FY 2083/84 and covers income tax, TDS, VAT, capital gains and penalties.
Related situations
- “Money moves between the family and the company and nobody can say what it means.”Family and company money, kept apart
- “We are thinking of selling, merging or bringing in a partner.”Selling, merging or bringing in a partner
- “Head office wants numbers on its timetable and in its format.”Reporting to a foreign parent or investor