January 15

  • Deadline for submitting Mortgage Interest Statements and Revelant Documents for PAYE Adjustments for the following year.

January 31

  • Due date for payment of Store Parlour License
  • Due date for payment of Professional License
  • Due date for submission of Form T.D.5 (Employers Annual Return of Remuneration paid and PAYE deducted)
  • Deadline for the submission of Form I.T.24 (Return of payments made other than wages/salaries)

March 31

  • Deadline for filing Income Tax Return (applicable to all Employees, Self-employed persons and Companies with Fiscal Periods January to December)
  • Deadline for payment of the balances of taxes due for the previous year
  • 1st Installment (pre-payment) of Income Tax due - 25% of tax payable for the previous year or an estimate of the tax payable for the current year

June 30

  • 2nd Installment (pre-payment) of Income Tax due that is 35% of tax payable for the previous year or an estimate of the tax payable for the current year

September 30

  • 3rd Installment (pre-payment) of Income Tax due that is 40% of tax payable for the previous year or an estimate of the tax payable for the current year

December 31

Please Note: Self-employed persons, Employees with Business Income and Companies with Fiscal Periods, January to December are required by Law to make prepayments of taxes by the dates stipulated.

Employers and Business Persons please note:

  • PAYE deducted in any month is due and payable by the 15th day following the month during which it was deducted. Value Added Tax collected in any month is due and payable by the 20th day of the month following which it was collected
  • Failure to remit the amount(s) due by the prescribed date(s) will result in Penalty and Interest being charged in accordance with the provisions of the relevant Acts