Submission and Amendment of Income Tax Return - Single Tax Rate - Monetary Principle (Cash-based method)

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Target Group: Taxpayers registered with the General Tax Authority (GTA) with an annual income of less than 1 million Qatari Riyals and have obtained GTA approval to use the cash-based method (Monetary Principle) to calculate taxable income

Income Tax

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Service Execution Time: -

Tax Type: Income Tax

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Service Definition

A taxpayer whose total income does not exceed (1,000,000) one million Qatari Riyals during the previous accounting period is eligible to submit the Income Tax Return using the cash-based accounting method (Monetary Principle), excluding the first year of Tax Return submission.

Service Requirements

The taxpayer's gross income is below 1 million Qatari Riyals
Documents proving the income received.
Documents proving the expenses and charges paid.
Any other supporting documents.

Service Steps

Log in to the Dhareeba Portal using the username and password of the registered taxpayers.

Click the Tax “Return/ Statement” menu.

From the Tax “Return/ Statement” menu, click the " Filling Obligations” panel.

Submission of a Tax Return - Monetary Principle (Cash-based method).

Basic Information.

On the Basic Information page, the taxpayer chooses the "Cash-Based Method" for calculating the tax. The following details will be displayed: The capital data is automatically populated from the system based on the taxpayer's registration information. The Business activity, Tax Rate and Currency - are also retrieved from the system.

Information retrieved from the taxpayer's registration file, such as the establishment's tax system.
Select the "Accrual Basis" tax method from this screen.

Declaration details, including the following sub-items:

Net flows during the year.

The taxpayer furnishes information on the received revenue, accruals, and paid expenses and charges.

Adjustments

Add other items (non-deductible expenses) and discounts (items exempt from deductions).

Exempt revenue.

All exempt revenue details must be entered - for example: Revenues obtained from dividends, handicrafts, agriculture, and other tax-exempt income under Income Tax Law No. 24 of 2018.

Non-deductible paid expenses and charges.

Enter information on non-deductible expenses and charges, including interest, taxes, etc.

Taxable income and tax assessment, including:
Taxable income and tax assessment, including:
Net taxable income
Carryover of losses from previous periods.
Ownership/equity shares and dividends for Qataris and GCC nationals.
Tax Due is calculated at the applicable tax rate as per the regime pertaining to the Taxpayer.
Financial penalties are calculated for late filing if any.
Financial penalties are calculated for late payment if any.
Taxpayer's confirmed refunds and any advance payments made prior to the due date are deducted.
Final Tax Amount = Tax Due - Penalties Adjustment - Liabilities Adjustment - Refunds / Advance Payments.

Additional Information

Enter details about the person who prepared the Financial Statement.
Enter accountant details.
Attach any additional supporting documents, if any.

Summary.

Details of Net Taxable Income are displayed.
Tax Due and Penalties (if any)
Adjustment against Confirmed Credits/Advance Payments
Total Amount Due.

Acknowledgment and Declaration of the validity of the information.

Accept the Terms and Conditions shown on the “Terms and Conditions” screen.
The taxpayer then clicks the "Submit” button.

Acknowledgement Messages

Upon successful completion of tax return submission, the taxpayer will receive an acknowledgment message containing the application reference number. Next, a prompt will display with a "payment" button and a "close" button, allowing the taxpayer to either make a payment or defer it for later.
Upon successful submission of the tax return, the taxpayer will receive a confirmation via email and SMS, along with a downloadable PDF file, which they can access and print from their account on the Dhareeba Portal.
SMS and Email confirming the successful submission of the original Income Tax Return
To access and print the notification, the taxpayer must log in to the Dhareeba Portal and select the "My Notifications" tab.

Amendment of a Tax Return - Monetary Principle (Cash-based method)

The steps for editing a submitted tax return on the Dhareeba Portal are the same as logging in and submitting the Tax Return - Single Tax Rate - Monetary Principle (Cash-based method), with the added step of clicking the "Edit" button.
The tax return details will be displayed.
The taxpayer must navigate to the relevant section(s), make the required changes, enter the updated information, and then click the "Continue" button.
Edit the Exempted Revenue.
Edit the rejected expenses, costs and charges.
The Taxpayer may click the “WHT Adjustment” button if he wants to amend the amounts and adjustments of the Withholding Tax.
Next, the taxpayer may optionally provide additional notes and attach any relevant documents.
If there is a Change in Total Tax on Summary Screen, the Taxpayer will be directed to the "Payment Details" screen, where he can make payment for the revised amount by clicking the "Pay" button.
Acknowledgment and Declaration of the validity of the information.
Notification Receipt.