A country tax authority levies direct taxes on individuals and companies. They include income tax, property tax, withholding tax, and tax gifts and assets to the government. What is a direct and indirect tax in Kenya? A direct tax is a tax you directly pay to the government (Kenya Revenue Authority). In other words, the …
Vat is a consumer tax that the Kenya Revenue Authority (KRA) charges on the supply of taxable goods. And service made in Kenya and importation of taxable goods or services in Kenya. All traders can voluntarily register VAT if their taxable supplies are below the KES 5 million thresholds. But the government requires a trader …
All You Need to Know About Value Added Tax (VAT) In Kenya Read More »
Tax filing can be tiresome and complicated, especially if you don’t know how tax systems work. So it can be challenging to know what rules to follow and what benefits you’re entitled to. If you’re not careful, a few careless moves could cause you financial worries. Here are tax mistakes to avoid when filing taxes …
Tax Mistakes to Avoid When Filing Your Taxes in Kenya Read More »
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