GTA: Simplified tax return eases filing procedures

The General Tax Authority (GTA) affirmed the need for home-based projects and small and medium-sized companies owned by Qatari citizens and GCC citizens residing in Qatar to file a simplified "tax return" themselves through Dhareeba e-portal.In an exclusive statement to Qatar News Agency, head of GTA's Taxpayer Support Department Nasser Radi said that General Tax Authority has announced earlier the beginning of the implementation of "simplified tax return form", which must be filed by companies and permanent establishments that were exempted from tax, owned by Qatari citizens and those from GCC residing in Qatar, and whose capital is less than QR1mn, and its annual revenues are less than QR5mn, adding that it is mandatory for all companies.He pointed out that this procedure aims to ease the procedures for filing tax returns and enhance the principle of tax compliance by this category of taxpayers, through which the taxpayer can submit his simplified tax return himself, attaching some supporting documents such as lease contract, bank statement and expense bills, knowing that all companies are required to submit simplified tax return is not subject to income tax, adding that all the companies submitting "simplified tax return" are not subject to income tax.He noted that the authority has launched the Dhareeba portal since July 2020, offering taxpayers an easier and faster way of completing their tax transactions, pointing out that on this basis, the tax return must be submitted electronically through the portal website www.dhareeba.gov.qaRegarding the dates for filing tax returns, he said that in accordance with the provisions of Article 29 of the Executive Regulations of the Income Tax Law promulgated by Law No 24 of 2018, the tax return must be filed within four months from the end of the taxable year, and therefore, for the tax year extending from 1/1/2021 to 31/12/2021, the deadlines for submitting income tax return are from 01/01/2022 to 30/4/2022.Regarding the reason for submitting tax returns by companies that are 100% Qatari owned and those owned by GCC citizens though they are exempt from income tax, Nasser Radi said that in implementation of the provisions of Article 11 of Law No 24 of 2018 issuing the Income Tax Law, the taxpayer, even if he is a beneficiary of a tax exemption, shall submit a tax return to the Authority on the form prepared for this purpose.He stressed that this procedure comes within the framework of the State of Qatartarget="_blank"'>