Applicable Capital Deduction Rates on Written Down Values/Residues of Capital Expenditure

Kenya Revenue Authority (KRA) informs the public that following the repeal of the old Second Schedule of the Income Tax Act (ITA), Cap 470 and introduction of a new Second Schedule through the Tax Laws (Amendment) Act, 2020, the rate of Capital Deductions on written down values/residues for companies whose accounting period ends after 31st March 2020 shall be based on the current rates of Capital Deductions as provided under the new Second Schedule of the ITA.

For other general inquiries and support please call our Contact Centre on Tel: (0) 20 4 999 999, 0711 099 999 or Email: callcentre@kra.go.ke

Commissioner for Domestic Taxes

 


PUBLIC NOTICES 05/10/2021


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Applicable Capital Deduction Rates on Written Down Values/Residues of Capital Expenditure