Prerequisites to file or declare tax in Ethiopia
Tax payers who registered for tax should declare/file direct and indirect taxes on the due date stated in the respective laws. like they should declare income tax at the end of budget year and indirect taxes per month or three month period of time. Here below we put down the prerequisites to declare taxes in Ethiopia.
Business profit and Rental income tax declaration
- A duly completed Annual Tax Declaration Form;
- Profit and loss statement and financial reports;
- Statement of assets and liabilities;
- Verification of audit report qualification,
- Depreciation calculation and updated accounting documents;
- Withholding Details;
- Withholding Summary
- FM/Summary Report
Value added tax Declaration
- A duly completed monthly tax declaration form;
- Monthly input purchase declaration form,
- monthly input purchase accounting documents;
- Summary report
- Bank certified check (CPO) or cash if less than 1000 Birr;
Declaration of turnover tax
- Tax declaration form duly completed by the tax deadline;
- Tax Period Input Purchase Declaration Form
- Accounting Documents;
- Summary report
Declaration of excise tax
- A duly completed monthly tax declaration form;
- Summary report
Declaration of employment tax, pension contribution and cost sharing tax
- A duly completed monthly tax declaration form;
- Payroll of employees