forms it01 - Tax Administration Jamaica (TAJ)

Jamaica
COST OF SALES/OPERATIONS:
Opening Stock . . . . . . . . . . . . . . . . . . . .
SCHEDULE 1
DETAILS OF TRADING
Total (Add Lines 2 and 3) . . . . . . . . . . . . . . . . 4
Closing Stock . . . . . . . . . . . . . . . . . . . . . 5
Cost of Sales/Operations(Subtract Line 5 from 4 - Transfer to Section B Line 8 of From ITO1) . .
Gross Operating Profit (Subtract Line 6 from 1 - Transfer to Section B Line 9 of Form ITO1) . . .
BUSINESS/ADMINISTRATIVE EXPENSES:
Rent . . . . . . . . . . . . . . . . . . . . . . . . . .
Salaries and Wages . . . . . . . . . . . . . . . . . .
Employer's Statutory NIS, NHT contribution . . . . . .
Motor Vehicle Expenses . . . . . . . . . . . . . . . .
Bank Charges . . . . . . . . . . . . . . . . . . . . .
Interest Paid . . . . . . . . . . . . . . . . . . . . . .
Utilities (Light, Water & Telephone) . . . . . . . . . . .
Legal Fee . . . . . . . . . . . . . . . . . . . . . . .
Accounting Fees . . . . . . . . . . . . . . . . . . . .
Professional Fees . . . . . . . . . . . . . . . . . . .
Trade Licence Fee . . . . . . . . . . . . . . . . . . .
Entertainment . . . . . . . . . . . . . . . . . . . . .
Travelling . . . . . . . . . . . . . . . . . . . . . . .
Staff Welfare . . . . . . . . . . . . . . . . . . . . . .
Transportation . . . . . . . . . . . . . . . . . . . . .
Advertising . . . . . . . . . . . . . . . . . . . . . . .
Commission . . . . . . . . . . . . . . . . . . . . . .
Depreciation . . . . . . . . . . . . . . . . . . . . . .
Bad Debts . . . . . . . . . . . . . . . . . . . . . . .
(List) . . . . . . . . . . . . . . . . .
Total Expenses (Add Lines 8 to 27 inclusive) . . . . . . . . . . . . . . . . . . . . . . .
Net Profit/(Loss) (Subtract Line 28 from Line 7). . . . . . . . . . . . . . . . . . . . . . .
2
3
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
Taxpayer Registration Number
APPENDIX 1
Revised 2008/10 Page 16 Taxpayer Audit & Assessment Department
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6
7
28
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IT01
Year of Assessment
INCOME FROM TRADE , BUSINESS, PROFESSION, VOCATION FROM RECEIPTS LESS THAN
OR EQUAL TO ONE MILLION DOLLARS (