VI-M canvasses MSMES growth, provides seamless business solutions

The Chief Executive Officer, VI-M Professional Solutions, Vivian Chigozie-Nmonwu, has stressed the importance of MSME growth in the country even as she disclosed that the organization is providing solutions that would assist business owners in the area of tax, accounting, HR and legal affairs.

In an exclusive interview with The Guardian in Lagos, she  noted that MSMEs contribute immensely to the nations GDP adding that ‘our suite of MSME Business Solutions are all geared towards using the most effective technology to make substantial impact in the society, empower MSMES and professionals by solving their major business processes and career challenges.

According to her, ‘the Tax Law Book (TLB) App is a compendium of all the most important Nigerian tax laws. It was designed to demystify the Nigerian tax laws, make them readily accessible and dissipate the associated ignorance of its provisions, thus empowering all tax payers to adequately take control of their tax affairs. There are no multiple payments required after an initial install. The purchase cost of N2, 000 covers full and lifetime use, including updates to the app as often as there are changes in the tax laws.

Specifically, she noted that ‘Vi-M Tax Assist is an online self help, self tax computation and self assessment software for MSMEs. It teaches and calculates Value Added Tax, Withholding Tax and Pay- As- You- Earn (PAYE) Pensions/ Payroll and it is absolutely free of charge. Tax Assist caters for those with little or no tax/information technology knowledge. It is very easy to understand and navigate.

Concerning Vi-M TAS Cover for SMEs, she said the Tax and Accounting Service (TAS) cover provides cover for every subscribing on all its monthly/annual tax and accounting requirements. We have partnered with Sage on their Sage One simple self- help online accounting software. Our professional accountants articulate and provide all the tax and accountant needs of all subscribing businesses at very discounted fees, which is payable monthly in installments and save their owners the high cost of hiring good in-house accountants, and most times supporting external consultants.

In addition, she added that ‘Vi-M Talent Assist is designed to assist talents and employers achieve their career and workforce recruitment and management goals. Conclusively, she noted that the solution would also help users find good jobs, get trained by skilled professionals, meet and read the stories of selected motivational personalities.