Employee'S Declaration Of Emoluments, Deductions And Tax Credits - Government Of The Republic Of Trinidad And Tobago Board Of Inland Revenue Page 3

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NOTES FOR YOUR GUIDANCE
1. In order to avoid excessive deductions from your emoluments, this Declaration which is for tax deduction purposes only
must be completed and lodged with your employer on commencement of employment or where there is a change in
deductions or tax credits.
2. The Declaration should be completed and forwarded for approval to the Inland Revenue Division, Corner Queen and
Edward Streets, Port-of-Spain; South Regional Office, Cipero Street, San Fernando or to the Tobago Regional Office, Co-
op Building, Sangsters Hill Road, Scarborough, Tobago in the following circumstances:
(a)
if you are in receipt of emolument income (salary, wages, pensions, bonus, commission, etc.) from two or more
sources at the same time, for example, a pensioner who is also receiving income from employment. You should
obtain from your employers, evidence of emoluments which should be attached to the Declaration Form; and / or
(b)
if you are claiming deductions in respect of Alimony/Maintenance, premiums for Approved Deferred Annuity
plans, tertiary education expenses or Venture Capital Tax Credit.
A “Certificate of Approval for PAYE Tax Deductions” will be issued to Employers indicating the Allowance,
Deductions and Credits Approved for the year of income.
The TD1.A will continue to be issued where employees have two or more sources of emolument income.
3. Tertiary Education Expenses – Attach a detailed statement of expenses incurred together with a letter of acceptance from
the institution and evidence of remittance of funds (receipts, bankdrafts or encashed cheques).
4. Contributions and Premiums –
(a)
You may claim Contributions to Government Widows’ and Orphans’ Pension Fund, approved Provident and
Superannuation Funds, approved Funds or scheme, approved Pension Fund Plan and premiums paid under an
approved Deferred Annuity plan including deduction in respect of Approved Tax Incentives savings plan
operated by Financial Institutions.
(a)
You are allowed 70 per cent of your National Insurance contributions as a deduction but if you contribute to the
Widows’ and Orphans’ Fund you will be allowed 100 per cent of your contribution to Widows’ and Orphans’
Fund attributed to National Insurance and 70 per cent of any excess.
(c) Provide Policy Status Certification and Evidence of approval and Premiums paid in the previous year.
5. Alimony/Maintenance – Please submit a copy of the Registered Deed/Court Order.
6. Venture Capital Tax Credit – Please submit the original and copy of Tax Credit Certificate.

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