- The Minister proposed mandatory electronic filing through the Inland Revenue Division’s GENTAX system for all taxpayers.
- Tax returns would be filed electronically instead of manually.
- The measure is expected to affect many non-resident individuals and companies that currently use the non-logged-in filing method for Income Tax, Corporation Tax, VAT, and PAYE returns.
- No implementation date was announced.
- Clear registration requirements will be needed to avoid compliance delays and barriers.
Source: ey.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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