Church, Money and Tax (10 Steps to Improve Tax Compliance)

Description

The Church is expected to comply with tax laws in country like other organisations. Hence, the Church is registered for taxation like any other taxable person. This e-book examines the money received by the Church for its core business inform of tithes, offerings, donations, etc. The e-book also examines money received by the Church from non-core business inform of business income, rental income, investment income, etc. Also, the e-book examines taxation of money paid out by the Church for its core business inform of tithes, offerings, and donations. Payments for non-core Church activities such as salaries, procurement of goods and services are also examined. Further, the e-book lists ten steps that the Church can take to improve tax compliance. This e-book aims to assist the Church improve tax compliance, avoiding extra tax payments (fines, penalties, and interest) and creating wealth.