Question: 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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