Have you recently made changes to your business operations or have considered doing so? If your business is registered to charge Value Added Tax (VAT), then this discussion applies to you. The following information focuses on the guidelines as it…
Are you the recipient of a housing allowance from your Employer to cover your rent, boarding or lodging expenses? Then this week’s #TaxationSimplified is for you! Is Income Tax charged on the housing allowances issued by my Employer? Section 5…
First of all, an allowance is a fixed amount of money or a benefit –in-kind, given to an employee periodically, in addition to salary, for the purpose of meeting some specific requirements connected with the service rendered by the employee…
This week’s #TaxationSimplified provides guidance on the steps for Individuals registering for a Taxpayer Identification Number. WHAT IS A TAXPAYER IDENTIFICATION NUMBER (TIN)? The Taxpayer Identification Number (TIN), is a unique computer generated number allocated to each taxpayer, whether an…
