Modernising individual’s income tax 15 Nov 2018

Inland Revenue is proposing to get more involved with taxing individuals in the following ways:

  • Helping them to use the most appropriate tax rates and codes
  • Tailored tax codes to improve the way secondary and irregular income is taxed
  • Year-end tax obligations for individuals will be simplified
  • Tax refunds will become automatic
  • The administration of donation tax credits will be improved
  • All your income like interest, dividends and salaries will automatically appear in your tax return.

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