SESSION 10 - Presumptive Tax Explained

About the Session

This session covers the following aspects of presumptive Tax;

1. Who is a small Taxpayer?

2. Categories and examples of small taxpayers

3. Change from presumptive tax regime

4. Tax credits and offsets for small taxpayers

5. Treatment of expenses and losses under presumptive

6. Rates of Tax

7. Return Submission Procedure

8. Fines and Penalties under presumptive tax

9. Client Business Details and Records

10. Tax Planning for small taxpayers