Filing taxes can be cumbersome, especially if you don’t have in-depth knowledge of how tax systems work. Further, attempting to handle tax regulations without the help of a tax specialist can be risky because it can expose you to KRA collection actions. In addition, poor tax planning, such as late tax filing or failure to …
Capital Gain Tax (CGT) is a tax levied on gains from the transfer of real estate or properties in Kenya, whether or not it was acquired before January 2015. The tax rate is 5% of the profit and is paid by the seller or seller of the property. It is a final tax and will …
1. The taxpayer shall apply to the Commissioner for re-activation of value-added tax obligation through their respective Tax Service Office, clearly stating the reasons for re-activation of their VAT obligation, which may include that the taxpayer: – a) Is requires a VAT obligation in order to conduct business and compete in the market; b) Would …
GUIDELINES FOR RE-ACTIVATION OF DEREGISTERED/CANCELLED VALUE ADDED TAX OBLIGATION Read More »
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