Encouraging Tax Compliance Among SMEs Supported by Agincourt Resources

Feb 19, 2024

Agincourt Resources is actively supporting micro, small, and medium enterprises (MSMEs) in the Batangtoru and Muara Batangtoru districts to ensure they fulfill their tax obligations. On Monday, February 19, 2024, at the Berkah Doorsmear meeting room in Sumuran Village, Agincourt Resources organized a Socialization and Technical Assistance Program to guide supported MSMEs in filing their Annual Tax Returns (SPT), in collaboration with the Padangsidimpuan Pratama Tax Office. 

Read Also: Agincourt Resources Received Taxpayer Award 2023

Senior Supervisor of Small Medium Enterprises (SME) at Agincourt Resources, Meriah Tinambunan, reported that 37 individual MSMEs, beneficiaries of the company’s support, participated in the event. Beyond simply facilitating tax reporting, this initiative aims to bolster understanding and awareness among MSMEs regarding tax compliance. According to Law No. 7 of 2021 on the Harmonization of Tax Regulations (HPP), individual taxpayers who own MSMEs with annual gross revenue of up to Rp500 million are exempt from paying a 0.5% final income tax. Nevertheless, they are still obligated to file their annual tax returns. 

READ MORE

Related Posts