Filing of Tax Returns
Tax returns filing is a very important aspect of tax compliance. A Taxpayer has four (4) main obligations with regard to tax returns;
- to ensure that an appropriate return is duly and correctly filled,
- to ensure that the appropriate requisite documents are attached,
- to ensure that the return is duly signed and or certified, and
- to ensure that the return and accompanying documents are filed on time.
Key Tax Return Forms and Filing Dates & Rates
|
Tax Return |
Due Date for Return & Applicable Rates |
Penalty |
|
PAYE |
15th of the next month following payment of salary. Rates 20% & 30% & personal tax credit. |
22% pa |
|
FBT |
For Q1 14 July, for Q2 14 October, for Q3 14 January & for Q4 14 April. The FBT rate is 40%. |
22% pa |
|
Withholding |
15th of the next month following withholding of tax. See table 2 for applicable rates. |
22% pa |
|
VAT |
20th of the next month following making of taxable supplies and inputs. Standard rate 15%. |
22% pa |
|
Company tax (CIT) |
The return is due on 30th June. The standard rate is 25%. |
22% pa |
|
Individual income tax (IIT) |
The return is due on 30th June. Rates 20% & 30% & personal tax credit. |
22% pa |
|
Tobacco & Alcoholic Products Levy |
20th of the next month following sales of tobacco and alcohol. Tobacco 15% and Alcohol 7.5% |
22% pa |
|
Plastic Levy |
20th of the next month following sales of plastic shopping bags. Levy rate 0.90 c per plastic bag |
22% pa |
Please find Guides on the attachments below.
| Attachment | Size |
|---|---|
| Income Tax Return for Trusts and Estates .pdf (634.28 KB) | 634.28 KB |
| Income Tax Return for Trusts and Estates 2021_1.pdf (766.71 KB) | 766.71 KB |
| Individual Income Tax Return .pdf (721.29 KB) | 721.29 KB |
| Individual Income Tax Return 2021.docx__0.pdf (714.49 KB) | 714.49 KB |
| Instructions for Income Tax Return for Trusts and Estates.pdf (468.61 KB) | 468.61 KB |
| Instructions for Individual Income Tax Return .pdf (464.83 KB) | 464.83 KB |
| Instructions for Partnership Return of Income .pdf (379.41 KB) | 379.41 KB |
| Partenership Return of Income.pdf (434.54 KB) | 434.54 KB |
| Partnership Return of Income 2021.docx__0.pdf (576.53 KB) | 576.53 KB |
| Resident Individual Income Tax Return for Employment Pension Income .pdf (401.83 KB) | 401.83 KB |
| Resident Individual Income Tax Return for Employment Pension Income 2021.docx__0.pdf (553.18 KB) | 553.18 KB |
| Guide on e-Taxation Filing (E-Filing).pdf (1.05 MB) | 1.05 MB |
| Guide on e-Payments.pdf (1011.25 KB) | 1011.25 KB |