I have received the PT1 claim form to pay provisional tax for December, but profits are very low this year. Can we object to the amount claim?

Question ID : 24
Created on 2006-09-27 at 10:15 AM
Author : Christian Vella [christian@mgimalta.com]

Online URL : http://www.mgimalta.com/phpkb/question.php?ID=24

No, an objection is not valid against a PT claim form, but the Commissioner of Inland Revenue allows you to reduce such claim through a prescribed form, called the Provisional Tax Reduction form. This has to be submitted before the prescribed payment date. The claimed tax can be reduced up to zero.

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