A submission of the total income earned in the prior tax year is to be filed with the appropriate tax authority on or before January 31st of the current year.

Procedure:

• • Send a reminder letter to the client requesting for the company’s monthly payroll stating:
  • Full name of employee
  • Employees’ Payer Identity
  • Total emoluments for each employee
  • Relief granted
  • Tax paid by each employee
  • PAYE remittance receipts for January to December of that year
  • List of exited staff as at December 31 of that prior year

 

An excel schedule showing the actual total income earned by the staff, as well as all deductions made is presented in the approved format. The format is presented below:

 

A schedule of all the PAYE remittance made is prepared on the same excel workbook but on a different sheet. The prescribed format is shown below:

 

 

A salary projection of the staff for the coming tax year is also declared, in the same format as the prior year income was presented.

The declarations made are submitted to the appropriate tax station on or before the 31st of January.