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Day: February 11, 2021

TAXATION REVISION (QUESTIONS AND ANSWERS)

QUESTION ONE Comment on any information not used above.             (2 marks)    Company dividend payment – withholding tax is final tax. Medical cover – not taxable because it is not discriminatory School fees – not taxable on Prof. Omar. Read More …

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TAXATION REVISION KIT (QUESTIONS AND ANSWERS)

What are the economic consequences of increasing the Value Added Tax rate to raise additional revenue for the Government? (5 marks) Country already in critical external destination situation numerous conditions given loss of national pride External borrowing   Many of Read More …

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