The Government of Kenya has mandated that any person above the age of 18 years should acquire an Identity Card that will enable him/her to apply for the very important KRA pin. Even College and University students are required to apply for the KRA iTax Pin in order to be advanced theHELB...
Please check out KRA’s requirements on different kinds of taxes as outlined on their website What is the Penalty for Not Filing KRA Returns in Kenya? Individuals, businesses, firms or companies are subject to penalties and interest for not filing, or late filing of their annual or monthly...
An Air Waybill (or “Waybill”) is a document issued by a carrier and attached to a shipment. It includes important details like the sender’s and recipient’s name and address, a description of the goods, and who is liable to pay the duties and taxes. Think of it as your shipment’...
With a value-added tax, each of these links in the chain pays a portion of the tax owed. And by the time it gets to the consumer, they pay the combined total of all the taxes paid along the way. Who has to pay the VAT?
In November, the KRA revealed a trend in which companies are trimming average monthly pay for employees, while others are increasingly tapping tax refunds to offset payroll taxes. As a result, the KRA has recorded a shortfall in PAYE taxes from the private sector in recent months, ...
their method or payment of taxes is by their physical appearance in the Kenyan Revenue Authority (KRA) to fill up the forms; this method, however, is cumbersome because there is always a large number of people that popped out to do the same exercise which by the end of the day, not al...
Kenya Revenue Authority (KRA) has moved to court to freeze money in three bank accounts belonging to several Chinese companies.
There’s no obligation to become a citizen, but if it’s something you want to explore, start planning now. You’ll need to meet requirements such as filing and paying your taxes, avoiding criminal convictions, and learning about U.S. history and society. See our detailed guide to ...
Taxes Extra office space and workplaces Hardware and software Developers’ tools Social benefits and everything else you pay for your regular employees Depending on where your office is located, these costs can differ greatly. It’s not possible to even state general numbers. Sometimes an in-hous...
Read:KRA given Sh1.2bn to hire spies in hunt for tax cheats Ordinary revenue accounted for 71.9 percent of Kenya’s budget in 2011/12, with the 28.1 percent shortfall being financed through debt, appropriation in aid (A-I-A) and grants but this has been shifting, with taxes funding ju...