Running a business

[kiplet]

I'm just curious on what information business owners need to disclose on tax returns in TRNC. ?
Any fines for not doing so ?

[Cally]

Being a retired book keeper, I would of thought what ever information is asked for on the form, how can you be fined for nondisclosure if not asked for. However I realise TRNC being TRNC logic may not be applied.

[gates]

every month the accountant then what the government assess you have ernt if you dont pay on the end of each month you accumulate 10% on the total
then his bill is 300tl a month
when you earn nothing you still pay still wont to start a business
I have never got back my initial investment
Dont think i ever will
If you leave this country with more than you came in with it will be a first
But who wants to be back there especially now Tony Blair has started putting his or in another disaster looms

[kiplet]

Have I got this right.
You do not have to complete a form of a break down of income/ expenditure..

You just complete a form declaring income ?
Is that correct ?

[gates]

no they tell you how much you have ernt
the first week i started they said i am earning a 1k a week thats how it works

[kiplet]

Ah... ok thanks

[snd1966]

no, they tell you how much you have earnt
the first week i started they said i am earning a 1k a week thats how it works

you forgot to add the more staff you employ the bigger the money you are earning and how much they cost you a month especially if you are not busy and have no work. This does not seem to be understood here.


I can fully understand why businesses fail here