The Ministry of Finance (MoF) said it has developed an online tax calculator to help individual taxpayers calculate the tax on the income they generate from their participation in partnerships or professions that are subject to income tax.
The MoF said that the application, which is on its website, aims to facilitate tax payment and collection.
The taxable income could be based on deemed profits, lump-sum profits, or real profits.
Taxpayers currently fill paperwork, said Aud...
Article details
The MoF said that the application, which is on its website, aims to facilitate tax payment and collection.
The taxable income could be based on deemed profits, lump-sum profits, or real profits.
Taxpayers currently fill paperwork, said Aud...
Article details
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