More tax relief for e-filing
Jo-Maré Duddy - The ministry of finance will write off 95% of the interest balance and reverse all penalties for taxpayers who settle their outstanding capital amount within three months from 1 February 2021.
The ministry will also write off 75% of the interest balance and reverse all penalties for taxpayers who settle their capital amount with a period of 12 months from 1 February, it said in a statement today.
To qualify for the relief, taxpayers must first register as electronic filers on the portal of the Integrated Tax Administration System (ITAS). Then they must file all outstanding tax returns electronically on all active accounts.
The ministry will also write off 75% of the interest balance and reverse all penalties for taxpayers who settle their capital amount with a period of 12 months from 1 February, it said in a statement today.
To qualify for the relief, taxpayers must first register as electronic filers on the portal of the Integrated Tax Administration System (ITAS). Then they must file all outstanding tax returns electronically on all active accounts.
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