by HowardLake Tax Gift Q1: Explain the sources of public revenue? Ans: SOURCES OF PUBLIC REVENUE: *INTRODUCTION: ~ Public finance is the study of the financial operations of the state and is concerned with the income and expenditure of public authorities and the adjustment of one with the other. ~ Public finance includes public revenue, public expenditure and public debt. ~ Public revenue is the income of the Government raised from all sources …
Filed under Tax Gift by on Mar 29th, 2011. Comment. 
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Filed under Tax Refund Return by on Mar 6th, 2011. Comment.
…f the Notification No. 17/2009- ST and thus the refund is not sustainable. Johnny’s View: In this respect it is submitted by us that the Paragraph (i) of the said notification is reproduced below- (i) where – (A) the total amount of refund sought under a claim is upto 0.25% of the total declared free on board value of export; (B) the exporter is registered with Export Promotion Council sponsored by the Ministry of Commerce or the Ministr…
Filed under My Refund by on Mar 9th, 2011. Comment.
…r code is proper. Before establishing the different codes, there are two terms to distinguish and to help realize what they imply to your tax code Individual Allowance is the sum of taxable income that you can acquire tax totally free in the current tax 12 months. An additional is ‘PAYE’, this means spend as you make, and is the level of earning at which tax becomes payable. The structure of a tax code A tax code is typically prod…
Filed under Tax Codes by on Feb 23rd, 2011. Comment.
…sor to having all applications and documents done, software programmed, and the business ready to operate. A NZOFC will need a minimum of one director and one shareholder. It will need to supply one annual audited report of operations and will need to have a local registered office and agent in New Zealand. Yearly fees will run around ,000 and profits are taxed at a New Zealand corporate rate of 33%. There is an “Approved Issuer Levy̶…
Filed under New Zealand Taxes by on Mar 30th, 2011. Comment.