by Great Paraxy | Dec 13, 2024 | Bookkeeping, Regulations
Pensions and Other Benefits Scheme (POBS). The Pensions and Other Benefits Scheme offers Short Term and Long -Term Benefits. Currently payment of Short-Term Benefits is decentralized to the six Regional Offices, whereas payment of Long-Term benefits (pensions) is...
by Great Paraxy | Dec 13, 2024 | Bookkeeping, Regulations
What is the Accident Prevention and Workers Compensation Scheme? The Accident Prevention and Workers’ Compensation Scheme (APWCS), formerly referred to as Workers’ Compensation Insurance Fund (WCIF) is a Social Security Scheme, whose main objective is to prevent...
by Great Paraxy | Dec 11, 2024 | Tax
Major Tax Proposals in 2025 Finance Bill. On Thursday 28th November, 2024 the Minister of Finance, Economic Development and Investment Promotion presented the 2025 budget statement in the National Assembly. The budget has a number of new tax proposals. Most will...
by Great Paraxy | Nov 19, 2024 | Tax
Examining the Major changes brought by Finance Act No 2 of 2024. Not much was changed from the Finance Bill, H.B. 8, 2024, except fees on some presumptive taxes. It seams the house head the please of thousand informal traders who were not happy with the fees which...
by Great Paraxy | Oct 30, 2024 | Bookkeeping
What is the Pensions and Other Benefits Scheme? The Pension and Other Benefits Scheme (POBS), formerly referred to as National Pension Scheme (NPS), is a social security scheme whose main objective is to provide cash benefits to insured persons during periods of...
