The deadline for the submission of BPT return for 2016 has been extended

The deadline for submission of BPT Return for 2016, as required under the Business Profit Tax Act, has been extended to 16 July 2017.

This extension is given as the deadline for the submission of BPT Return for the year 2016 coincides with the holidays for Eid Al-Fitr, and so as toorder to facilitate ease in preparation of tax returns and financial statements of taxpayers.  Moreover the deadline for the submission of company annual financial statements, directors report and auditors reports, which are required by The Companies Act, has also been extended to 16 July 2017.

Moreover, the deadline for the first interim payment for 2017 is 31 July 2017.

However, the deadline for the submission of GST Returns for May 2017 is 2 July 2017.

13 Jun 17