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Thursday, December 9, 2010

Fwd: How to Maximize After Tax Income (Newsletter CK1 - 09th Dec)



---------- Forwarded message ----------
From: Catch Knowledge - Sri lanka <catch@srilankamails.com>
Date: Thu, Dec 9, 2010 at 1:17 PM
Subject: How to Maximize After Tax Income (Newsletter CK1 - 09th Dec)
To: palashbiswaskl@gmail.com


One Day Workshop on How to Maximize After Tax Income... CLICK to view On-Line
Hi, This is a Catch Mails certified mail box friendly e-Newsletter sent to <palashbiswaskl@gmail.com>
Employers Free Signups

Background
One Day Workshop
On
How to Maximize after tax income
Line
Tax
Date
: 17th December 2010 from 8.50 AM to 4.30 PM
Medium
: In English with necessary bilingual inputs
Investment
: Rs. 3000 + NBT + VAT per person
Venue
: Chamber Academy Colombo, No 53
    Vauxhall Lane, Colombo 2.
Fees include workshop documentations, stationery, refreshment breaks & lunch
Or please contact
Shyamali or Chathurika on Tel: 011 2304253/ 2304254
Fax: 011 2304255,
Email: shyamali@fccisl.lk / chathurika@fccisl.lk
The Schedule
08:30 - 08:50 AM Registration
08:50 - 09:00 AM Opening and Welcome
09:00 - 09:50 AM Morning Session with Tea break - Part 1
Economic Impact of Budget proposals 2011 on Sri Lankan Business Community by Mr.Kulathunge Perera Head - Research and Policy Advocacy, FCCISL (Former Sri Lanka Permanent Representative to the World Trade Organization)
09:50 - 10:05 AM Tea Break
10:05 - 01:05 PM Morning Session - Part 2
How tax liability is computed and reported
How Inland Revenue looks at Tax Returns and supporting documents Inland Revenue tax administration - Investigation, Assessment, Settlement and Appeals General introduction to taxation Types of taxes Income Tax, VAT, Turnover Tax, ESC, NBT Who are liable to these different taxes?
Tax base
Workshop by - Mr. A A Dayaratne - Deputy Commissioner
Ms. K G C Priyadarshani - Deputy Commissioner of  Department of Inland Revenue.
01:05 - 01:45 PM Lunch
01:45 - 03:45 PM Afternoon Session with Tea break - Part 1
Accounting and taxation How to maximize after tax income
Tax as a business expense Tax compliance (Tax filing and payment) Workshop and discussion by Mr. R A Jayaweera
P E Mathew & Company - Chartered Accountants
03:45 - 04:00 PM Tea Break
04:00 - 04:30 PM Afternoon Session - Part 2
Q & A session and Networking
FCCISL
Chamber Academy Colombo
Federation of Chambers of Commerce and Industry of Sri Lanka
53, Vauxhall lane, Colombo o2
 
 

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Subject : How to Maximize After Tax Income
Description : Maximizing your after-tax income requires a little early planning and effort on your part, but the time you spend chipping away at your income taxes may be your most profitable investment for the year 2011.
Contact : Shyamali or Chathurika on Tel: 011 2304253/4
Fax: 011 2304255
Email: shyamali@fccisl.lk / chathurika@fccisl.lk
 


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Bottom Line
An income tax is a tax levied on the income of individuals or businesses (corporations or other legal entities). Various income tax systems exist, with varying degrees of tax incidence. Income taxation can be progressive, proportional, or regressive. When the tax is levied on the income of companies, it is often called a corporate tax, corporate income tax, or profit tax. Individual income taxes often tax the total income of the individual (with some deductions permitted), while corporate income taxes often tax net income (the difference between gross receipts, expenses, and additional write-offs). Various systems define income differently, and often allow notional reductions of income (such as a reduction based on number of children supported).
 


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Palash Biswas
Pl Read:
http://nandigramunited-banga.blogspot.com/

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