ESSENTIALS YOU NEED TO KNOW BEFORE TAX DECLARATION DEADLINE IN RWANDA.

ESSENTIALS YOU NEED TO KNOW BEFORE TAX DECLARATION DEADLINE IN RWANDA.

 

According to The New Times Rwanda,  the deadline of tax declaration in Rwanda is 31st March, 2024

Declaration of deductible expenses along with taxable income is a legal obligation which helps to prevent entrepreneurs from overpaying tax. 

However, declaring your expenses is only possible if you have acquired EBM receipts for the expenses you paid for. You are required to obtain your EBM receipts to qualify for a fair tax charge. Additionally, the government of Rwanda has put in place a law against any business that does not declare its expenses. This implies that for every revenue declared, relative expenses should be declared.           

Don't miss the deadline and relative updates. Check out more:

 https://www.newtimes.co.rw/article/15466/news/rwanda/what-you-need-to-know-before-tax-declaration