The Betts Firm’s Message on Taxpayers Obligations for Income Tax Returns

Описание: Taxpayers have four (4) tax obligations – Registration, Filing, Payment and Accurate Reporting. Submitting an IT return impacts all these obligations.

Registration - Section 3 (4) of ITA 2000 requires income taxpayers to register with NRA. Registration is done through NRA’s ITAS portal.

Filing - Section 97 of ITA 2000 requires income taxpayers to file an Income Tax Return with NRA. Filing is done through NRA’s ITAS portal.

Payment - Section 106 of ITA 2000 states that income tax that is due and payable is a debt owed to Sierra Leone and is payable to the NRA.

Accurate Reporting - Section 133 of ITA 2000 requires income taxpayers to keep accounts and records for the accurate determination of the tax payable by the taxpayer.

Therefore, taxpayers should adhere to these legal requirements for Income Tax Return submission.

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