What is Capital Gains Tax (CGT)? The Capital Gains Tax (CGT) is a tax imposed on the “gain” or profit realized when a person or entity disposes of certain...
Inland Revenue Department (IRD) collects Income Tax under the Inland Revenue Act, No. 24 of 2017 (as amended) — levying tax on “gains and profits” of every person (individuals,...
✅ Lower VAT / SSCL-Registration Threshold The annual turnover threshold for mandatory registration under Inland Revenue Department (for VAT and Social Security Contribution Levy — SSCL) will be reduced...