02-17-2005, 11:55 PM
Hi.
Since I am a Sales Tax Practitioner, so let me tell you that any software by govt is bound to fail because it does not offer any tool for tax planning, moreover it is very regid in calculations. That is where practitioners come in.
As regards rates I suggest keep this a variable because thay change rapidly. Few of the rates are as following
Unregistered nil
Registered 15% with value addition
Value Addition
Commercial Importers 10%
Retailers 16%
Retailers (tyres, electronics etctera) 3-4%
I know my posting will add to your confusion, but you have to have a accounatnt or a practitioner on your pannel for user end design/knowledge.
Thanks
Aamer Sikandar
ACCA, ACMA
Aamer Sikandar
Since I am a Sales Tax Practitioner, so let me tell you that any software by govt is bound to fail because it does not offer any tool for tax planning, moreover it is very regid in calculations. That is where practitioners come in.
As regards rates I suggest keep this a variable because thay change rapidly. Few of the rates are as following
Unregistered nil
Registered 15% with value addition
Value Addition
Commercial Importers 10%
Retailers 16%
Retailers (tyres, electronics etctera) 3-4%
I know my posting will add to your confusion, but you have to have a accounatnt or a practitioner on your pannel for user end design/knowledge.
Thanks
Aamer Sikandar
ACCA, ACMA
Aamer Sikandar
