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it is complete information for question 8 Heavy ltd not question Capital allowances: General Pool (Main Pool) - WDA 18% Annual Investment Allowances (AIA)(per annum)
it is complete information for question 8 Heavy ltd not question
Capital allowances:
| General Pool (Main Pool) - WDA | 18% |
| Annual Investment Allowances (AIA)(per annum) | 1,000,000 |
| CORPORATION TAX for FA 2019 | 19% |
| VALUE ADDED TAX | ||
| Standard rate |
| 20% |
| Registration limit |
| 85,000 |
| Deregistration limit |
| 83,000 |
| INHERITANCE TAX: Tax rates | ||
| Residence Nil Rate Band (RNRB) for 2019/20 |
| 150,000 |
| Nil rate band for 2019/20 |
| 325,000 |
| IHT for Lifetime gift after death |
| 40% |
| - Death Estate rate |
| 40% |
| Tax on income as per Omani Tax Law | 15% |
| Withholding tax | 10% |
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