S.L. 123.2 Art. 14Annualreturntobe submitted by payers.

(1) Not later than the 30th day of January of each year, every payer shall furnish the Commissioner with the following documents -

(a) a separate return for each payee on the form supplied or approved by the Commissioner providing the following details in respect of each payee to whom he has paid emoluments at one or more times during the year ending on the preceding 31st day of December:

(i) the full name and address;

(ii) the gross emoluments paid during that year;

(iii) the tax, if any, deducted during that year; and

(iv) any other details or information which the Commissioner may consider necessary; and

(b) a statement on the form supplied or approved by the Commissioner which shall include the following:

(i) a list showing the names and addresses of all payees in respect of whom a return was submitted under paragraph (a), the total gross emoluments paid during that year, and the total tax deducted therefrom; and

(ii) a reconciliation of the sum of the total tax deducted from each payee listed in the statement at sub-paragraph (i) with the sum of the monthly remittances made by the payer for the said year.

(2) The documents required under sub-rule (1)(a) and (b) shall be furnished in addition to any other return required under rule 12(1)(a).

(3) The Commissioner may at any time require further returns or statements in relation to any specific period or periods.

(4) The Commissioner may exempt any person or class of persons from complying with any of the provisions of this rule. Any exemption may, at any time, be revoked by the Commissioner.