As a newly appointed Tax Manager of ABC audit firm, advise a client, Mr. Baraza on the following issues: i) He has submitted a self-assessment return...

As a newly appointed Tax Manager of ABC audit firm, advise a client, Mr. Baraza on the following issues:
i) He has submitted a self-assessment return and wishes to know three possible responses he could receive from the commissioner.
ii) Three different types of income on which turnover tax is not applicable

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i) The possible responses from the commissioner
- Amended self-assessment
- Additional assessment
- Sampled for in depth examination

ii) Three types of on which turnover tax is not applicable
- Income exempt from tax
- Where business income does not exceed sh.500,000
- Income of limited companies
- Rental income.
- Professional or management fee or training fees.

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Wilfykil answered the question on February 15, 2019 at 07:15

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