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Showing 1-4 of 4 results
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Land and building tax bill requires greater clarity
Business, Lawalliance Limited Company, Published on 20/10/2015
» Life is getting interesting for taxpayers, with not only an inheritance tax and a new gift tax regime on the way but also a new property tax. The finance minister recently said the land and building tax bill would go before the cabinet very soon and take effect within the next two years. It could be more bad news for some residential property owners.
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VAT complications for transport services
Business, Lawalliance Limited Company, Published on 08/09/2015
» Because transport forms a part of many business activities, much confusion can arise when calculating tax for a transaction that includes transport along with the sale of goods or provision of services.
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Property Tax: more questions than answers under proposed law changes
Business, Lawalliance Limited Company, Published on 26/08/2014
» One major reform the National Council for Peace and Order (NCPO) is keen on carrying out involves the house and land tax regime. By taxing holdings of real property, the government can raise more revenue while reducing the gap between rich and poor. In short, the rich, who have more property, will have to pay more taxes. In addition, reforms could reduce the financial burden on local administrative bodies.
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Business motives versus Tax motives
Business, Lawalliance Limited Company, Published on 08/05/2012
» Death and taxes are unavoidable facts of life. With the deadline for corporate income tax returns and the statutory limitation period for tax assessments looming, pending tax issues must be settled now, or else you can expect a tax dispute.
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