What is Tax Compliance?

Tax Compliance refers to the willingness to adhere to tax laws and regulations by accurately reporting income, expenses, and other tax-related information to the government.It involves; 

• Timely filing tax returns, 

• Paying dues, and 

• Keeping records to ensure legal and financial obligations are met.

For businesses, maintaining tax compliance is critical to avoid penalties, audits, or legal issues. It ensures smooth operations, enhances credibility, and supports financial planning. Tax compliance can be complex, especially for companies operating in multiple jurisdictions, requiring expert knowledge or specialized software solutions.