Turn monthly Business Tax calculations into a repeatable workflow.
Revenue categories and rates get rebuilt by hand every month in most businesses. Reefway helps configure the rates and mappings once. After that, your monthly work is to monitor exceptions, review the report, and maintain only what changes.
The numbers live where your accounting lives.
Business Tax runs inside Reefway Accounting, on the same operational data as your sales. Watch one monthly period move from the period list to its rate-based calculation, TD4 summary, and posted accrual.
Revenue is grouped by the rate you configured.
The calculation shows the gross revenue and resulting liability for each mapped category, with totals that remain visible for review.
- Trade, rental, services, and commission revenue shown separately
- Configured rates shown beside each category
- Gross revenue and liability totaled in BZD
The filing summary follows the calculation.
The TD4 view carries the same categories, revenue, rates, and tax liability into one reviewable summary with the filing due date.
The liability reaches the ledger without rekeying.
A posted accrual links back to the originating Business Tax run and balances the expense and payable entries automatically.
Business Tax questions
Which rates does it support?
The rates applicable to your revenue categories are configured and validated during implementation against current schedules.
Does it file for me?
No - it prepares the calculation, the accounting entries, and a TD4 summary for your review and filing.
What if revenue is misclassified?
Exception review is part of the monthly workflow, and every mapping change is logged.
Does it work with my existing accounting?
It runs inside Reefway Accounting; migration from your current system is part of implementation.
Make month-end a routine, not a project.
Talk to a specialist about your revenue categories and see the workflow on sample data.