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No tax due, still need a tax return?

Posted 24 June 2015 under Tax Q&A
Eugene says:
11 June 2015 at 10:07

Do you need to submit your tax return if the tax you paid is exactly the correct amount? Meaning, no additional tax need to be paid to Inland Revenue.

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TaxTim TaxTim says:
11 June 2015 at 10:37

Yes, most definitely, you still have to submit the tax return each year, as Inland Revenue will not know that you have no other additional income to declare or expenses to claim. Remember to also have a copy of your return stamped and keep that as your proof the return was submitted.


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