Traditionally, tax practice involved mainly mechanical computations based on a set of financial statements showing an entity’s past results and state of affairs.

To achieve excellence, you must work to fulfil your own potential. You need to learn to build on your strengths and develop the personal qualities that are keys to performing well.

Justice would not be effectively done to this topic without highlighting the questions that need to be answered by the end of the workshop. These questions are:

A corporate body needs to make profits from which it can contribute to a society in need, and this is where allowable tax deductions come in to assist corporate bodies undertake the difficult task of balancing the bottom line concerns with social responsibility, so that corporate bodies do not need to wait till the end of their financial year to ascertain whether they have made a profit and thus need to contribute towards social responsibility or not.

The need for a discussion on this subject matter has become necessary following the recent influx of countries “knocking” on the doors of the Ministry of Finance to be allowed in to have negotiations leading to agreements for the avoidance of double taxation between their respective nationals and businesses.

Corporate bodies are often times called upon by Government and Non-Government Organizations to come to the aid of both the Government and the citizens of the country in times of disasters and crises.

In very simple terms, I will say an entrepreneur is an individual who accepts financial