Only 18.47 pct of 2011 tax returns show net tax liability

After the latest batch of 574,455 notifications was sent to tax payers on Monday, the number of tax returns in 2011 showing a net liability for more taxes is only 18.47 pct of the total.
Of the 2,221,078 tax notifications mailed to tax-payers so far, 39.74 percent inform them of a tax refund, 41.95 percent show a zero debt and only 18.47 percent asked them to pay additional taxes.

The number of those eligible for a refund is significantly increased relative to previous years, chiefly as a result of a measure that uses sales receipts for goods and services to build up one's tax allowance.

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