EL NEIHOM OFFICE
TAX ADVISOR
CPA
SINCE 1989

Tips to keep you in good standing with Tax Authorities:

1. Submit your annual tax declaration on legal time

2. If tax exceeds twenty dinars it shall be collected in four installments and such installments shall be due in the tenth of March, June, September and December and shall be paid on the nearest of the said terms following the date it falls due.

3. Pay your estimated quarterly tax in time to avoid any fine for delaying.

4. Failing the payment of one installment in time, the remaining installments shall fall due.

5. The tax payer shall have the right to object to such assessment before the primary committee, within 30 days from the date he has been notified

6. The Tax department and the taxpayer shall have the right to appeal against the primary committee’s decision to the appeal to the appeal committee within 15 days from them being notified of the said decision.

7. No objection or appeal submitted by taxpayers subject to the tax on companies shall be accepted unless supported by books and accounts they are required by the law

8. Keep detailed records and save your receipts.

9. When a year is closed with loss, the loss will be deducted from the profit of the following year up to the fifth year .

10. Get help from Professional Tax Planner/Advisor to be sure your finance being handled correctly by hiring a firm such as ELNEIHOM OFFICE ,you can be sure your returns will be current with law and regulations