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This list is not exhaustive but it’s pretty comprehensive. Feel free to let me know what may have been left out. Accountant’s and Bookkeeper’s fees. Advertising, publicity, brochures, photographs, business cards and flyers. Agents commission. Bad debts (included in turnover). Bank charges. Books not retained for more than two years. Bulbs, fuses, locks, keys, plugs, … Continue reading
Clients who normally submit paper returns may be penalised if they miss the October deadline even if they make on online return before 31 January. Late payment penalties equal to 5% of the unpaid tax after 30 days, six months and then twelve months. Interest is also due on all tax paid late. This was … Continue reading
Phoenix Debola 