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Companies must submit their self-assessment tax returns within four months of the end of their financial year.
The primary source for all Income Tax Laws and updated forms. expenses must be real
The law originally restructured tax rates into tiers, often capped at 20% for many corporate and individual entities at the time of its inception. expenses must be real
To be deductible, expenses must be real, documented (with some exceptions for customary costs), and essential to the business activity. expenses must be real
The 2005 law established specific rules for how "taxable income" is calculated, moving away from subjective estimates to documented accounting: