Annual report & statement of accounts
TABLE VIII CERTIFICATES OF COMPLIANCE ISSUED
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- TABLE IX REFUNDS PAID BY TAX TYPE ($) V ALUE -A
| TABLE VIII CERTIFICATES OF COMPLIANCE ISSUED TYPE OF CERTIFICATE TOTAL Variance % 2014 2013 Land 4,459 4,797 -7 Motor Vehicle 6,057 6,396 -5 Tender 2,416 2,404 0.5 Total 12,932 13,597 -5 Other activities completed by staff of the Taxpayer Services Section included the issue of five hundred and fifty-eight (558) letters to taxpayers for exemption of Withholding Tax one thousand, one hundred and nine (1,109) letters for Work Permit and the processing of one thousand, three hundred and eighty (1,380) estates of deceased persons. In addition, the issue of two thousand, six hundred and fifty-eight (2,658) Liability Statements, one hundred and sixty-three (163) Tax Practice Certificates and one hundred and four (104) Certificates of Assessment were also completed. ANNUAL REPORT & STATEMENT OF ACCOUNTS 26 R EFUND OF TAXES I NTERNAL R EVENUE During the year 2014, a total of seven hundred and seventeen million, four hundred and seventy-nine thousand, nine hundred and twenty-nine dollars ($717, 479,929.00) was refunded to several categories of taxpayers as shown in Table IX below. As at December 31, 2014 the estimate of unpaid refunds was one million, one hundred and forty-nine thousand dollars ($1,149,000.00). TABLE IX REFUNDS PAID BY TAX TYPE ($) V ALUE -A DDED T AX Requests for refunds can arise in two main categories namely refund of input tax claimed under Section 35 of the VAT Act 2005 and refunds for special cases (Diplomats/Diplomatic missions/non-resident individuals etc, claimed under Section 37 of the Act. During the year under review, staff received a total of one thousand, five hundred and seventy-one (1,571) claims for refund of taxes amounting to B. One thousand, five hundred and twenty-nine (1,529) claims were processed comprising one thousand, two hundred and ninety-three (1,293) claims under Section 35 and two hundred and thirty- six (236) claimed Download 2.59 Mb. Share with your friends:
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