End of 1st quarter 2016/17

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Looking at the tax calendar, we are coming close to the end of the 1st quarter of the financial year 2016/17. As a tax payer you need to know the due dates for filing for both provisional and final income taxes. For small tax payers, remember to pay your 1st provisional installment for the current financial year not later than 30th Sep. For other tax payers, we are in a period of preparing accounts and filing returns for 2015/16 financial up to 31st Dec 2016. Beyond that, expect fines and penalties.

Also remember to file your provisional income tax returns for 2016/17 and pay your taxes due (1st installment) not later than 31st Dec 2016. For PAYE and VAT always pay your file your returns and pay taxes due not later than 15th of the following month. 

Do your part and comply in time to keep at peace with URA/Govt.

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