IRD normally issue tax return to all unincorporated
business include sole proprietorship and partnership.
Sole proprietorship - Only
individual tax return will be issued. Tax payer has to fill in the
profits tax column in tax return with major financial information,
together with profit and loss account, balance sheet and profits
tax computations.
Partnership - Company tax return
will be issued. Same as sole proprietorship, company has to filed
tax return with profit and loss account, balance sheet and profits
tax computations.
Tax payer may do the accounts and tax filing themselves.
Nevertheless, a layman without taxation knowledge may be filing
a false return, which can lead to extra tax payable. Some tax payer
even breaches tax rules due to omissions of some tax items. Our
professional knowledge and experience in tax field can assist you
doing it in an efficient way.
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