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Lozino Payroll and Tax Services

Payroll processing is time consuming both in terms of the actual processing time and in keeping up with government regulations. Outsourcing your payroll and payroll tax administration to Lozino Contracting allows you to handle your payroll obligations in an effective manner while allowing you to focus your time and energy where it should be, on managing your business.
The tasks that our clients can generally be expected are as follows:

  • Preparing and printing of employee pay checks on time for payday
  • Direct deposit of pay into employee bank accounts
  • Appropriate calculation and withholding of federal and state taxes
  • Calculation of employee pension and remitting to PFAs
  • Calculation of financial taxes to be paid by employer
  • Filing of quarterly and annual finance reports
  • Depositing of withheld amounts with tax authorities
  • Printing and filing of year-end employee tax documents

1. Payroll / Personal income tax reporting: A monthly payroll report for all of your employees
2. VAT reporting and filing: VAT report on all sales and business transactions, due by the 15th of each month for the preceding month.
3. Withholding tax reporting and filing: A monthly report and remittance covering a Withholding tax collected through a deduction made on a payment when the payment is made. The payer will report and remit the Withholding Tax to the Revenue Department on a monthly basis.
4. Monthly pension payments: A mandatory report and remittance, for each of your employees.


Find out what we can do for you.  Contact us on 08092469606, info@lozinocontracting.com.ng