Perhaps the most important tax credit is for all the income tax that you have paid during the year right off your pay check. The total amount of these credits is subtracted from your total tax payable. If the result is negative, then you have a refund. If the result is positive, then you have a balance owing. Individuals must declare their revenue each year by filing an income tax return on or before April 30 for the previous calendar year.
Companies have to file their return within six months of the end of their fiscal year.
Taxpayers may appeal their assessment within 90 days. World Wide Legal Information Association. If and when you face a specific legal situation, you should conduct independent inquiries with legal professionals to determine what your legal rights may be.