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Form LC 21REPUBLIC OF NAMIBIA Labor ACT, 2007 (Section 82(7) and section 86(1)) (Regulation 16(1), Regulation 18(1) and Regulation 20(1))REFERRAL OF DISPUTE TO CONCILIATION OR ARBITRATIONInstructions:
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BIT iy refers to Business Income Tax installment year.
Businesses and individuals who earn income from their business activities are required to file BIT iy.
BIT iy can be filled out online through the respective tax authority's website or by submitting a physical form at the tax office.
The purpose of BIT iy is to report and pay tax on business income in installments throughout the year, rather than all at once at the end of the year.
Information such as total business income, deductions, credits, and estimated tax payments must be reported on BIT iy.
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