ECONOMY

Submission of online tax declarations begins

The electronic system for the submission of annual income tax declarations was to open on Friday for the submission of income tax declarations.

The Finance Ministry has completed technical changes to the Taxis Net system to allow for some changes to the details that need to be submitted this year.

Taxpayers, for instance, will have to include any interest earned on savings in their returns this year.

There were reports of some technical problems with the online Taxis Net system on Friday but sources indicated that it should be fully operational by the afternoon.