While statutory declarations are similar to affidavits, the difference between both of them is that statutory declarations are not sworn that is, made under oath. You may be asked to fill a statutory declaration form in different jurisdictions. It is primarily used to satisfy legal requirements or regulations when there is no other available evidence. Deductions: Reasoning or deductions decline in tax debt.Ī statutory declaration is a formal statement that affirms something to be true in the presence of an authorized witness.Tax Credits: This is where you list any tax incentives and benefits.Income: This is where you list all your sources of revenue including salaries, wages, dividends, and interests.A tax declaration form is made up of 3 major parts which are income, deductions, and tax credits. When filing your tax declaration form, you will need to provide your tax file number which makes it easy for the authorities to reconcile your tax records. Employers require their employees to fill a tax declaration so that they can deduct tax at source on the estimated income of the employee every month. Typically, you should file a tax declaration form on an annual basis although this may differ from state to state based on the prevailing tax laws. It is a formal statement of one’s income within a specific time, which enables the tax authorities in your state or country to accurately determine how much you have to pay as tax. Tax DeclarationĪ tax declaration form is used to declare the tax status of an individual. In other cases, the self-declaration can be a separate form that refers to the main document where information is listed. Self-declarations are commonly listed as part of other types of declaration forms, and in this case, you’d find the self-declaration at the top or bottom of the page. In some way, you can think of a self-declaration form as a 2-factor verification that double-checks the information already provided by an individual. Unlike an affidavit, you can fill a self-declaration form without any witnesses and the form does not have to be notarized. In other words, it is a legal document that confirms that all the information a person provided is authentic and accurate. Types of Declaration Forms Self Declaration FormĪ self-declaration form is a formal statement made by an individual that asserts the authenticity of the information provided by the said individual. Completing a declaration form accurately helps you to avoid any complications that can result from a lack of information or misinformation. In a declaration form, the person filling the form is expected to provide truthful and accurate information as is required.įor example, people aspiring for political offices can be required, by law, to fill an income declaration form or a tax declaration form, as a test of accountability. What is a Declaration Form?Ī declaration form is a document that outlines all the information that is relevant and obtainable in a particular situation. Declaration forms are legally-binding documents, which is you should be fully aware of what is required before filling one. For example, travelers may be required to fill a declaration form before they can enter a country. There are different types of declaration forms specific to numerous contexts.

Hence, a declaration form is one that allows an individual, business, or any other corporate entity to make a formal statement about a particular thing. The act of declaration means to provide a statement of fact or to make a formal announcement.

Self declaration form