Tax Planning

 

As per the income tax laws, the return must be filed every year by an individual or business that earns any income during a financial year. Tax Planning  The income could be in the form of a salary, business profits, income from house property or earned through dividends, capital gains, interests or other sources. An individual tax return is an official form that a person or a married couple submits to a federal, state, or local taxing agency to report all taxable income received during a specific period, usually the previous year. This record is used to assess the amount of tax that is due or was overpaid for that period.  Our broad spectrum of professional services include providing incorporation, creation, registration, share registration, administration, property management, legal representative, custodian, trustee, administration, management and accounting, registered office, directors and secretaries and all other manner of business advisory services to Labuan entities. Anyone living, working or receiving income from Guernsey is required to complete a tax return each year unless you have been advised, in writing, by the Revenue Service that you no longer need to complete one.