SPECIAL SERVICES FOR ATTORNEYS
Legal Professionals submit a professional Chartered Accountant's Report to the General Legal Council each year
Attorneys-At-Law and Legal Firms have special accounting and tax requirements:
- GLC Reporting
- Vendors Statements
- Purchasers Statements
- GCT computation & filing
- Income Tax computation & filing
- Statutory complinace and obtaining TCC
- Income verification
- Financial Statements
- Cash flow projections
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GCT
Monthly GCT computations and filings must be done accurately and on-time to prevent over-payments and costly penalty charges
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Statutory Payments
Monthly Statutory payments of Form S01 must be submitted by the 14th each month
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General Legal Council
Annual Accountant's Report to the General Legal Council must be submitted before the deadline