BUSINESS INCOME TAX

BUSINESS INCOME TAX

The income tax account on profits, expenses and deductions is claimed against your income. During the year, the income tax should be paid on the net profit for the year. To know your net profit, the business expenses are deducted from the income of the year .

A unified tool called activity tool helps to get corporate tax issues sorted quickly and simply shows income tax returns business, wages and income must be provided income tax return them, most companies bear the expense of income and most of the income is deducted to income Taxable income is payable on this amount.

You can not apply for expenses paid for business income as permitted business expenses , If you want to start a business, you will need the student to consume as a deduction in the income tax .