Tax Trivia

#1. Mr Taxpayer files his tax return of Sh. 100,000 on 5th July 2020, five days after the due date. His tax penalty shall be

#2. A trader not registered for VAT charges tax on supply of goods. The trader shall ? Refer to Sec 42(2&3) VAT act 2013

#3. What is the maximum period allowed to for a taxpayer to recover losses against profits made in subsequent years?

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