Become Active Filer and Come To (FBRACTIVE TAXPAYER LIST. ATL)
The Active Taxpayer List (ATL) is a central record of online Income Tax Return filers for the previous Tax Year. 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 About ATL: A person’s name will be part of the current ATL, if the Tax Return filed pertains to the Tax year of the relevant ATL. For example, to be part of the ATL published on 1st March 2021, a person must have filed a Tax return for the Tax year 2020. Similarly, to be a part of the ATL published on 1st March 2022, a per...