Corporate – Taxes on corporate income

Corporate – Taxes on corporate income Resident companies are taxable in Kenya on income accrued or derived from Kenya. Resident companies with business activities outside Kenya are also taxed on income derived from business activities outside of Kenya. Non-resident companies …

Understanding Kenya’s Value Added Tax (VAT)

Kenya’s Value Added Tax (VAT) is a consumption tax imposed on goods and services consumed in the country. It is a multi-stage tax, meaning that it is charged at each stage of the production and distribution chain. This guide provides an overview of the VAT system in Kenya, including the applicable rates, registration requirements, and compliance obligations. It also outlines the benefits of VAT for businesses and consumers alike.

Tax Audits In Kenya

Introduction Tax audits in Kenya are an important part of the country’s taxation system. They are conducted by the Kenya Revenue Authority (KRA) to ensure that taxpayers are compliant with the tax laws and regulations. Tax audits are conducted to …

Indirect Taxes in Kenya

Introduction Indirect taxes in Kenya are taxes imposed on goods and services, rather than on individuals or corporations. These taxes are collected by the government and are used to fund public services and infrastructure. Indirect taxes in Kenya include Value …

Transfer pricing in Kenya

Transfer pricing in Kenya In this article we will explain how transfer pricing is applicable in Kenya. In accordance with Section 18(3) of the Income Tax Act (CAP 470), Where a non-resident person carries on business with a related resident …

Compliance with Vat regulations 2020

Compliance with VAT regulations 2020 The Value Added Tax (Electronic Tax Invoice) Regulations 2020 were published in by the Cabinet Secretary for National Treasury and Planning through Legal notice 189 dated 10th September 2020. The regulation states that every VAT-registered …

Tax priorities and trends for 2022

Tax Priorities and Trends For 2022 [real3dflipbook id=”1″] Section 39 B of ITA was amended to grant tax rebate to any employer who engages at least ten graduates from Technical and Vocational¬† Education and Training Centers for a period of …