In the course of filing tax returns, taxpayers find themselves in situations where they are not able to abide by the strict tax procedures and timelines both for monthly and annual tax returns. When this happens taxpayers end up getting penalized either for filing taxes late (Late filing) or for not filing at all (Nonfiling). …
What is the processing of tax waiver applications? Read More »
The Finance Act 2020 presented the Voluntary Tax Disclosure programme (VTDP) this is aimed to present a possibility to taxpayers who’ve undisclosed tax liabilities in order that they are able to expose the similar to the Kenya Revenue Authority without dealing with any felony penalties or prosecution. This progrmme will probably be open for …
The Voluntary Tax Disclosure Programme (VTDP) Efficient 1st January 2021 Read More »
The Source of revenue Tax (Virtual Carrier Tax) Rules, 2020 have been gazetted in November 2020 and shall come under pressure on 2nd January 2021. Virtual Services and products Virtual services and products for which virtual provider tax shall observe come with— Downloadable virtual content material together with downloadable cellular programs, e-books, and flicks; Over-the-top …
The Source of revenue Tax (Virtual Carrier Tax) Rules, 2020 Read More »
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