Magnus Chigozie Nmonwu provides strategic client relationship support for the firm. His years of experience include, extensive consulting for multinational and national companies in the areas of personal income tax planning and compliance, pay-as-you-earn regulations, planning and administration of pension and provident funds, payroll software deployment, monthly payroll management, consulting and outsourcing services, international executive / expatriate tax services, arrival and departure tax briefing, provision of compliance services on employer and employee statutory filings; and immigration advisory / consulting services.
He has been responsible for payroll management services and deployment of payroll software and can determine the implications of various tax treatments of pay items to employees, employers and the tax authorities. He is well experienced in processing of monthly payrolls, providing support with payment of salaries and other statutory deductions, irrespective of where the employer is located. He is able to provide assistance with registration for PAYE, Employee Compensation Act, Industrial Training Fund and other employee related registrations in Nigeria.
Magnus has been involved in international executive tax services and global mobility for several blue chip organizations. This include the provision of arrival and departure tax counselling sessions, shadow payroll, Hypo Tax, expatriate mobility and in-country settlement, provision of home country consultancy services/support, PAYE tax calculations, employer and employee annual statutory filings, determination of taxability of expatriate employees, registration for PAYE tax purposes, attending to routine tax queries / tax audits and resolving post audit related issues and obtaining tax clearance/tax assessments letters.
He has been involved in the resolution of a number of State tax audits in Nigeria and has been able to develop lasting working relationships with key officers of the various state tax offices in Nigeria.
His experience also covers Immigration Advisory & Compliance services. Chigozie has the much needed expertize in processing, obtaining and interpreting all types of entry permits: STR, TWP, MRV, SRV, Business Visas and CERPAC.
In conclusion, he has been involved in immigration advisory and compliance services and has a vast knowledge of all personal income tax and payroll outsourcing related matters.
Given his dynamic nature and flexibility of roles, he is also currently the Regional Director, West Africa, for SAGE Software Nigeria Limited where he is involved in providing HR, Accounting, Payroll and Enterprise software solutions to both small, medium and large businesses.