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Allowable deductions

These are the amounts deducted from an employee’s emoluments in order to arrive at the amount which will be s…

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MCKe Team

Sept. 14, 2025
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Demand Deposits

Demand deposits refer to funds held in a bank account from which money can be withdrawn by the account holder…

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MCKe Team

July 3, 2025
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Zero rated supplies

Zero-rated supplies refer to goods or services that are taxed at a rate of 0%, meaning Value Added Tax (VAT) …

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MCKe Team

Sept. 15, 2025
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Financial discipline

Financial discipline is the consistent practice of managing your money wisely—spending within your means, sav…

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MCKe Team

Aug. 3, 2025
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Debt recovery

Debt recovery is the process of pursuing payments of debts owed by individuals or businesses that have failed…

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MCKe Team

Aug. 3, 2025
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Debt cancellation agreement

A contract in which a lender agrees to cancel a portion or all of a borrower’s debt under specific conditions.

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MCKe Team

Aug. 8, 2025