Personal Income tax can be divided into two distinct categories:
A) People who are solely within the PAYE system
B) People who fall within one of the categories below and are required to file an annual tax return.
The range of people now required to submit an Annual Income Tax Return includes
1) Self Employed Sole Traders
2) Proprietory Directors
3) Members of a Partnership
4) Paye employees with Non Paye Income
All such taxpayers are required to file an Income Tax Return (Form 11 or Form 12), on an annual basis. Failure to file this Return on time can incur significant penalties, up to and including prosecution in the District Court.