Types of eTIMS Solutions

TAX Types of eTIMS Solutions As your tax consultants, we can guide you through web-based, USSD, downloadable software, and system integration solutions, ensuring you find the perfect fit for managing your transactions, whether they’re minimal or extensive. eTIMS Lite (Web)

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THE SOCIAL HEALTH INSURANCE ACT 2023

THE SOCIAL HEALTH INSURANCE ACT, 2023 Introduction THE SOCIAL HEALTH INSURANCE ACT of 2023 (SHIA) is AN ACT of Parliament that was signed into law by the President on 19th October 2023. This will establish the framework for the management

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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

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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.

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How to file your individual tax returns in Kenya

The Ultimate Guide to Successfully Filing Your Individual Tax Returns in Kenya: A Step-by-Step Journey Are you feeling overwhelmed by the process of filing your individual tax returns in Kenya? Don’t worry, we’ve got you covered! In this comprehensive guide,

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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

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Indirect Taxes in Kenya

Types of indirect taxes in Kenya 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

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NSSF NEW RATES 2023

NSSF NEW RATES 2023 Following the Court of Appeal’s decision of February 3, 2023 upholding the National Social Security Fund (NSSF) Act No. 45 of 2013, the NSSF, in a press release dated February 9, 2023, issued a notice to

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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

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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

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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

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The Tax Laws (Amendment) (No. 2) Act, 2020

INTRODUCTION During the September 2020 COVID-19 conference, the President engaged the National Treasury to review the tax cushions put in place in April of 2020 to protect Kenyans and the economy against the adverse effects of COVID-19. On 4th December

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