19Aug 2023 by .NEXT ASSISTANT

THIRD QPD FOR YEAR 2023

Accounting, General, Taxation
The third quarter's provisional income tax (QPD) for the year is due for payment on or before 25 September 2023. This payment, payable in the currency of trade, is calculated at the rate of 30% of the estimated annual income tax on income from trade and investments. It is important to note that taxpayers can choose to calculate the taxable…
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23Mar 2023 by Richard Dimingo

FIRST QPD FOR YEAR 2023

General
The first quarter's provisional income tax (QPD) for the year is due for payment on or before 25 March 2023. This instalment (payable in the currency of trade) is calculated at ten percent of the projected annual income tax on income from trade and investments. While taxpayers can calculate the taxable income for each quarter and annualise the calculated income…
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23Jun 2022 by Richard Dimingo

SECOND QPD FOR 2022

General
The second instalment of provisional income tax (QPD) for the year is due on Saturday 25 June 2022. This instalment (payable in the currency of trade) is calculated at twenty five percent of the projected annual income tax on profit from trade and investments. Projected annual taxable income must be based on year to date profit rather than results for…
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25Dec 2021 by Richard Dimingo

HAPPY HOLIDAYS

Accounting, General, Taxation
On behalf of all of us at Next Investments, we wish you a happy, safe and restful holiday season. We look forward to seeing you in 2022. In retrospect, it has been a tough year for all of us due to the adverse impact of the pandemic which has been heart-rending and devastating to personal lives and business. While the…
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