Filing your Annual Taxable Return (ATR) requires careful calculation of your business’s taxable income and deductible expenses. It’s also important to ensure that your Audited Financial Statement aligns with the provisions of the Income Tax Act 1967 when preparing your ATR.
Understanding what income is taxable, what expenses can be deducted from your taxable income, and how capital and balancing allowances and charges from IRM work can greatly benefit your business planning and operations.
Tax knowledge is a valuable asset and crucial for career, business, and organizational success. It is a “NEED TO KNOW” subject matter.
At the end of this program, participants should be able to: