Active Taxpayer List (ATL)

Active Taxpayer benefits

Being on the ATL gives you certain benefits:

• Lower rates of tax deduction at source by banks on both profits and cash withdrawals
• Reduction on withholding tax (tax already deducted from your income and gains) when registering and transferring motor vehicles
• Lower rate of tax on buying and selling of property
• Lower withholding tax rate on capital gains on sale of securities
• Charges for tax on dividend will be lower
• Lower rate of withholding tax on prize bond winnings
• Allows you to claim back overpaid tax that has been withheld