VATupdate

Taxpayers encouraged to take advantage of Tax Amnesty

The Government has approved a one year amnesty for taxpayers who have existing liabilities. The Amnesty programme commenced on May 1, 2022, and will end on April 30, 2023. Taxpayers with outstanding liabilities for the tax period 2000 to 2020 will get a 100 percent waiver on penalties and interest on all tax types except PAYE, Withholding tax (including contract tax) and VAT.

Source: writesups24.com

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