It’s definitely that time of the year again where we get to file our tax returns. Considering that most people prepare their accounts in line with the calendar year (ending December 31st) it is important to take note of this dates as it affects the following returns.
30th JUNE, 2014 IS THE DUE DATE OF FILING THE FOLLOWING TAX RETURNS:
For companies having 31st December, 2013 as Accounting Year End
1) Companies Income Tax (CIT)
2) Capital Gains Tax (CGT)
3) Education Tax (EDT)
4) National Information Technology Development Levy (NITDL) as applicable.
Also note that VAT and WHT become due for remittance on the 21st of every month whilst PAYE must be remitted on the 10th of the month.