Kenyan citizens are required by way of regulation to claim their source of revenue tax returns to the (KRA) by way of 30th of June annually. In line with the Source of revenue Tax Act, section 52B, source of revenue tax will likely be charged for each and every yr of source of revenue …
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An income tax is a tax placed on earnings from several sources, such as a company’s income, dividends, rents income, pensions, and so on. You must pay income tax if your income reaches a certain level. Profits are sometimes not taxed, and you may be eligible for exemptions and reliefs. Income tax is imposed by …
What is meant by employment income? Employment income includes: Wages, salary, leave pay, payment in lieu of leave, overtime pay, fees, commission, gratuity, bonus, allowances entertainment, duty, utility, welfare, housing, medical, or any other allowances. What is employment income tax? Employment income’ means any earnings from an office or employment received in the tax year, including …
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