Being an employer brings responsibilities. In the Employment taxation in-house training session participants will be updated with recent employment tax developments as well as looking at recent tax issues which arises during a tax audit.
IRB has now focus on employers/employee’s failure to comply with tax rules and regulations and tax audits are on the rise. With the current stringent tax laws and tax audit carried out by the Inland Revenue Board (“IRB”), employers have to keep abreast of changes to tax laws and regulations in order to discharge its obligations. Non-compliance will lead to substantial penalties and heavy compounds being imposed by the IRB.