Second Installment Payments For Corporation Tax and Personal Income Tax are Due

Reminder! Reminder! Reminder!
 

The National Revenue Authority (NRA) hereby reminds its valued taxpayers, consultants and the general public that the second installment payments for Corporation Tax and Personal Income Tax for Companies, Business, Individuals and Partnerships are due on or before the deadline date of 15th June 2016.

Taxpayers and the general public are advised to honour their tax obligations fully as late payment attracts interest and penalty of up to 25%, while failure to comply will result in the closure of businesses, confiscation of goods and assets, public auction of goods and assets, third party recovery, prevention from clearing goods through the ports and litigation/court action among others.

Please see tax schedule below for further details.