Withholding & Instalment Taxes, VAT, Standards Levy Mobile Cellular Phone Excise Duty, Sugar Development Levy & Excise Duty

 Due Date: Friday, 18th August 2006.

Kenya Revenue Authority would like to remind all taxpayers (both Companies and Individuals) that the following taxes are due on Friday 18th August 2006;

• Withholding & Instalment Taxes
• VAT
• Standard Levy
• Mobile  Cellular  Phone Excise  Duty
• Sugar Development Levy
• Excise Duty

The details are as follows;

1. Withholding tax deductions made during the month of July 2006.


2. Instalment tax from taxpayers whose accounting periods end on:

a)      30th April                        - 1st Instalment
b)      28th February                - 2nd Instalment
c)      30th November              - 3rd Instalment
d)      31st August                    - 4th Instalment

3. VAT, (Monthly returns (VAT 3)) Standards Levy and Sugar Development Levy returns for the month of July, 2006.


4. Excise Duty for the month of July, 2006.

Payments in respect of the following tax types may be made to the following appointed banks:

                  
The receiving banks will forward the duly stamped original (upper portion) and duplicates of the forms to the Domestic Taxes Department.

In view of an increase in diversion and fraudulent encashment of cheques, KRA advises taxpayers remitting Kshs. 100,000 or more to use Electronic Funds Transfer (EFT) facility to transfer funds through their banks to the Central Bank of Kenya account numbers mentioned above.

Kenya Revenue Authority will not accept responsibility for any cheques lost and will demand immediate replacement of any lost cheques.

You are kindly reminded to remit your taxes and submit your returns as required. Failure to comply with the above requirements will attract penalties and interest.

Commissioner of Domestic Taxes