Home' Trinidad and Tobago Guardian : September 27th 2015 Contents A56
Sunday Guardian www.guardian.co.tt September 27, 2015
34D QUARTERLY TAX INSTALMENT DUE
You are reminded that Quarterly Tax
Instalments are due and payable on or
September 30th December 31st
of each year.
NOTE: Calculation of your Income/
Corporation Tax Quarterly Instalments for
the current year of income is based on an
estimated chargeable income, which is the
chargeable income of the previous year of
income, multiplied by the rate of tax for the
NOTE: Calculation of your Business Levy
and Green Fund Levy Quarterly Instalments
is based on the actual gross sales/receipt
for the respective quarter. The rates are
0.2% and 0.1% (of gross sales/receipts)
NOTE: Payments not made by 30th
September 2015 will accrue interest at
the rate of 20% per annum from the due
dates to the date of payment.
TAXPAYER RELATIONS SECTION
"Changing the way we interact with You"
Ministry of Finance
INLAND REVENUE DIVISION
CALCULATION OF QUARTERLY INSTALMENT
This is a guide to calculating your quarterly
instalments for 2015.
2014 -- Chargeable Profit = $1,000,000
Estimated Tax for 2015 = 2014 Chargeable Profit x
25% (2015 tax rate)
= $1,000,000 x 25%
2015 -- Estimated Quarterly Tax Payment
250,000 = 62,500
Estimated payment due per quarter = $62,500
NOTE: Where your 2015 Estimated
Chargeable Profit is likely to exceed 2014
Chargeable Profit you are advised to increase
your quarterly payments to accommodate the
increased profit and avoid interest on short
NB: Any short payment or non-payment
of quarterly instalment is also subject to
interest at the rate of 20% per annum from
the date the payment was due to the date of
payment or April 30, 2015 whichever is earlier.
BARCELONA, Spain---Lionel Messi tore a ligament
in his left knee near the start of Barcelona s costly
2-1 win over Las Palmas yesterday that provi-
sionally lifted the defending champions to the
top of the Spanish league.
The club s all-time leading scorer asked to be
substituted in the eighth minute after he had
tried to return to the match following a collision
with a Las Palmas defender.
Medical tests at a local hospital found that he
had torn a ligament, and the club said Messi will
be sidelined for seven to eight weeks.
"This is a test and an extra motivation for this
team," Barcelona coach Luis Enrique said. "We
have to accept the challenge and improve our
performances because we are capable of it."
Luis Suarez responded immediately to his
coach s call by scoring twice to help the hosts
bounce back from their stinging 4-1 loss at Celta
Vigo on Wednesday.
The Uruguay striker headed in Barcelona s first
in the 25th minute before he fired in a second
goal in the 54th.
Barcelona s Neymar missed a penalty in the
66th, and Las Palmas forward Jonathan Viera
scored in the 88th.
The blow to Barcelona was softened a bit when
Real Madrid surrendered the league lead to its
fierce rivals---now trailing Barcelona by one point---
after it failed to get a ball past Malaga goalkeeper
Carlos Kameni in a 0-0 draw despite playing
with an extra man for the final 13 minutes.
Celta can move back ahead of Barcelona with
a win at Eibar later, while Atletico Madrid visits
Villarreal, and bottom-placed Sevilla hosts Rayo
The Camp Nou crowd of almost 75,000 went
from sharing a collective sigh to an eerie silence
when Messi s early scoring chance ended with
him writhing on pitch.
Messi used an expert touch to control a long
ball and streak down the right side of the area,
where Diego Bigas collided with the star forward,
sending Messi to the turf.
Play was stopped for team doctors to check on
Messi. He then went back to test his leg, but
eventually asked to be replaced by Munir El Had-
"The worst news is the injury to our best man,"
said Barcelona s Sergio Busquets. "He asked to
be changed because something was wrong, he
doesn t like not to play. I hope we gets better
Suarez erased some of the jitters among
Barcelona s faithful when he jumped above two
defenders to head in Sergi Roberto s crisp cross
from the right corner.
Las Palmas mustered a pair of counterattacks
before halftime, but Suarez got what proved to
be the winner when he converted a pass from El
Haddadi that Busquets cleverly let run past.
Suarez set up Neymar to get another goal when
Las Palmas defender Antolin Alcaraz handled his
lofted ball in the area, only for the Brazil striker
to fire his spot kick over the bar.
Viera added drama to stoppage time when he
scored after Javier Mascherano lost the ball and
allowed the visitors to pull one back.
In the capital, Kameni made a series of impres-
sive saves, but none was better than the one hand
he managed to get in the patch of Cristiano Ronal-
do s blistering shot in the 48th.
Madrid counterpart Keylor Navas was forced
into action seconds later when he repelled Mala-
ga s most dangerous effort through Juan Carlos
Perez s free kick.
Francisco "Isco" Alarcon was inches away from
Madrid s winner when he volleyed a rebound of
another Kameni stop through the keeper s arms,
Messi injured in Barcelona's
win, Madrid draws in Spain
only for Weligton to clear the ball from the goal-
line in the 76th.
Malaga s Nordin Amrabat earned a direct red
card a minute later when he elbowed Marcelo in
Ronaldo was left shaking his head in disbelief
when he headed the ball over the bar from inside
the six-yard box in injury time. He followed that
by kicking the post after another miss before the
PAIN: FC Barcelona's Lionel Messi lies on the pitch injured
during a Spanish La Liga soccer match against Las Palmas at
the Camp Nou stadium in Barcelona, Spain, yesterday. AP PHOTO
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