ICAN Taxation 2024
Past Questions

Which of the following contributions is NOT deductible in arriving at chargeable income under PITA?

Balancing charge arises where:

Tertiary education tax is charged on:

Input VAT that may be claimed against output VAT is that incurred on:

Withholding tax on construction contracts (other than survey, design and deliveries) is deducted at:

A notice of objection to an assessment must be filed within:

Minimum tax payable by an individual under PITA is:

Which of the following is an allowable deduction in computing adjusted profit?

Capital allowances are granted only where the asset is:

Where an asset is used partly for business and partly for private purposes, capital allowances are:

Roll-over relief on the replacement of business assets has the effect of:

An instrument that is not duly stamped:

Which of the following best describes acceptable tax planning?

(a) Explain the meaning of "taxable person" and state four obligations of a taxable person under the Value Added Tax Act. (8 marks) (b) State the penalties for the following VAT offences: (i) failure …