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- To deduct allowable input tax
- To get a refund where input tax exceeds output tax.
- To get relief for stock in trade as at the time of registration.
- To object disputed assessment.
- To request for reconsideration of on assessment.
- To deter payments of tax due, to a date not later than 20th day of the month succeeding that in which tax is charged.
- To get refund of bad debts.
- To have free access to the commissioner or any other authorised officer.
- To expect that information obtained in the cause of duty by the VAT officers shall be treated in confidence.
- To be given assistance in understanding legal obligations.
- To be treated fairly and with minimum interference.
- To appeal to the tribunal.
Wilfykil answered the question on February 15, 2019 at 05:58
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The revenue authority of your country has recently launched an online based integrated tax management system whose aim is to make it more convenient for firms and individuals to pay tax.
In light of this statement:
(i) Briefly explain how an online based integrated tax management system works.
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Date posted: February 15, 2019. Answers (1)
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Date posted: February 14, 2019. Answers (1)
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Date posted: February 14, 2019. Answers (1)
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The company paid Sh. 124 million to the government to acquire the rights over the minerals and shs.180 million for purchase of land.
The following assets were constructed or purchased during the year 2009:
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2. Senior manager's house was constructed on the site at a cost of Sh.6 million.
3. The director's house was acquired at a nearby trading centre at a cost of Sh.9 million.
4. Specialised processing machineries for mining were acquired at a cost of Sh.860 million.
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7. A saloon car for the general manager was purchased at a cost of Sh.3 million.
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Date posted: February 14, 2019. Answers (1)
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c) The tax- payable, if any, for the year ended 31 December 2012.
Date posted: February 14, 2019. Answers (1)
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Jawabu Ltd. commenced its operations on 1 January 2011 after obtaining a licence to manufacture leather bags for export.
The following information relates to the company's operations for the financial years ended 31 December 2011 and 2012:
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Date posted: February 14, 2019. Answers (1)