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TAX OBLIGATIONS AND DEADLINES IN KENYA

TAX HEAD TAX PAYMENT DEADLINES 1 Corporation Tax – Installment Taxes 1st Installment By 20th of 4th month in the current year 2nd Installment By

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KRA TO ACCESS TAXPAYERS BANK ACCOUNT IN KENYA

KRA TO ACCESS AND MONITOR TAXPAYERS BANK ACCOUNTS IN KENYA For Tax purposes KRA now is able to monitor tax payers bank accounts. In a

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TAX AMNESTY IN KENYA ON FOREIGN EARNED INCOME

TAX AMNESTY IN KENYA ON FOREIGN EARNED INCOME UPDATES Tax amnesty is the opportunity given to taxpayers to write off an existing tax liability (including

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TAX AUDIT TRIGGERS | KRA PROMPTS IN KENYA

TAX AUDIT TRIGGERS| TAX PROMPTS IN KENYA A tax audit is examination, investigation, looking over or evaluating of books and records of accounts for taxation

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TAXATION OF MONTHLY RESIDENTIAL RENTAL INCOME (MRI) IN KENYA

TAXATION OF MONTHLY RESIDENTIAL RENTAL INCOME (MRI) IN KENYA The Finance Act 2015 introduced a new Section 6A in the Income Tax Act Cap 470

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EMPLOYEE VS CONSULTANTS CONTRACTS IN KENYA

EMPLOYEE VS CONSULTANTS CONTRACTS IN KENYA An employee is an individual who was hired by an employer to do a specific job. The employee is

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TAX OBLIGATION AND DEADLINES IN KENYA

Tax obligation is an amount of tax one is required to pay at a particular period . In Kenya different tax obligations have different deadlines.

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8% VAT ON KENYAN PETROLEUM PRODUCTS |NEW FINANCE ACT 2018 IN KENYA

THE FINANCE ACT 2018 IN KENYA The Finance bill 2018 was passed by the National Assembly on the 30th August 2018, and was presented to

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New Reduced Tax 2018 – GGC

New Reduced PAYE Tax Bands for Year 2018! Pursuant to the 2017/18 National Treasury budget and the new Finance Act 2017, the new PAYE tax