Turn Over Tax (TOT), We compile, compute and file in a business' returns.

Under this service, Merl C Solution will Compile a business' Invoices then compute the returns and file in the business returns to Zambia Revenue Authority (ZRA).

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1. Compile The Returns

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2. Compute The Returns Figure

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3. File In The Returns

 

 

 

WHAT IS TURNOVER TAX?

A turnover tax is similar to Value Added Tax (VAT), with the difference that it taxes intermediate and possibly capital goods. It is an indirect tax, typically on an ad-valorem basis, applicable to a production process or stage. For example, when manufacturing activity is completed, a tax may be charged on some companies. Sales tax occurs when merchandise has been sold.