Due Dates

PAYE: 9TH EVERY MONTH | NHIF: 9TH EVERY MONTH | NSSF: 15TH EVERY MONTH | VAT: 20TH EVERY MONTH | INDIVIDUAL ANNUAL INCOME TAX RETURNS: 30TH JUNE EVERY YEAR | CORPORATE ANNUAL RETURNS: END OF SIXTH MONTH AFTER END OF FINANCIAL YEAR | HOUSING LEVY: 9TH EVERY MONTH

VAT

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Business Expenses: Keeping Track as a Sole Proprietor

Business Expenses: Keeping Track as a Sole Proprietor As an entrepreneur, you do a lot of activities daily; hence, your days are stressful. However, tracking your business spending helps in some ways. This would possibly show you wherever you are wasting cash and where you’ll be getting a lot of bang for your buck. Eliminating …

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Compliance with the VAT regulations 2020

Compliance with the VAT regulation 2020 -The Cabinet Secretary for National Treasury and designing through Legal notice 189 dated tenth September 2020 revealed the VAT Tax (Electronic Tax Invoice) Regulations, 2020 .L.N.-189—VAT-ELECTRONIC-TAX-INVOICE-REGULATIONS-2020.pdf) herein stated as “regulations”. These rules provided for the following: Adoption and usage of electronic tax invoicing or receipting systems by corporations as provided …

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All You Need to Know About Value Added Tax (VAT) In Kenya

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 …

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