Search Results for: advance tax
(News) 13/12/2020
... were members of the Global Forum. Now, Africa is well represented with 32 African countries serving as members of the Global Forum. All these advances contribute to the establishment of a culture of ...
Digital Service Tax an Indicator of Changing Business Processes in Kenya
(Blog) 22/09/2020
... of transfer of the payment for the service to the service provider. For residents and companies with a Permanent Establishment (PE) in Kenya, the DST will be an advance tax to be offset against the income ...
Taxpayers urged to submit views on the new e-commerce tax
(Press Release) 10/08/2020
... it is an advance tax for the residents who will offset the tax against the corporation tax that is due for the year of income. DST is collected and remitted by agents appointed by the Commissioner of ...
Mainstreaming of Tax Education in the Curriculum
(Blog) 16/03/2020
... Additionally, there are plans to introduce advanced courses on taxation at the senior secondary and tertiary levels. The tax system is the main driver of economic growth for any nation. Without adequate ...
Taxation Made Simpler - Turnover Tax and Presumptive Tax
(Public Notices) 07/02/2020
... is an advance tax payable by small businesses whose gross sales does not exceed or is not expected to exceed Kshs. 5 million per year. It is paid by a person when acquiring or renewing a business permit ...
(What is Income Tax?) 11/02/2019
... (PAYE) Withholding Tax Installment Tax Advance Tax Turnover Tax Capital Gains Tax Individual Income Tax Individual Income Tax is charged for each year of income on all the income ...
Harnessing society resources, modern technology key in effective tax administration.
(News) 22/10/2018
... work better in this country, especially for the small scale enterprises,? Mr Njiraini said. As technological advancement continues to proliferate in the country, the CG indicated that this proliferation ...
(File & Pay) 28/06/2018
Installment tax is estimated income tax paid to KRA periodically, in anticipation of the tax payable for a year of income. Installment tax is a form of advance tax administered under the Income Tax Act ...
(Taxation for Companies & Partnerships) 07/06/2018
... Advance Tax This is a tax paid in advance before a public service vehicle or a commercial vehicle goes for the annual inspection. e. Installment Tax Installment tax is paid by persons who have ...
(Learn about KRA PIN) 07/06/2018
... may or may not be a final tax. Advance Tax Tax paid in advance before a public service vehicle or commercial vehicle is licensed at the rates applicable. Turnover Tax Applicable to businesses ...
KRA and KEPSA Forge Stronger Collaboration to Drive Voluntary Compliance
(News) 12/06/2025
... organizations emphasized the need to formalize joint technical working groups to address sector-specific tax challenges, develop taxpayer education programs for SMEs, and advance the mutual goal of simplifying ...
(Press Release) 06/06/2025
... from 25% in 2019 to 35% in 2025. The excise duty rate for some units has also risen to 35%, compared to a maximum of 30% in 2019. Furthermore, many new and more advanced vehicle models have entered the ...
Supervisor – Statistics, Analysis & Reporting
(careers) 27/05/2025
... must have: A Bachelor of Science degree in the field of Mathematics, Statistics, Economics and Economics & Training in Computer Packages, Advanced Excel and Domestic Taxes and/or Customs Administration ...
Supervisor – Research & Surveys
(careers) 27/05/2025
... that supports business departments in fulfilling their Execute surveys, including designing data collection tools and managing fieldwork. Conduct advanced data analysis to support business decision-making. ...
Supervisor – Business Artificial Intelligence (BAI)
(careers) 27/05/2025
... and deployment of Artificial Intelligence (AI), drive business intelligence solutions to enhance tax compliance, fraud detection, and revenue forecasting through advanced data analytics and machine learning ...
Supervisor – Revenue Assurance & Fraud Analytics One
(careers) 27/05/2025
... policies, regulatory frameworks, and risk management strategies. Conduct advanced data analysis to detect fraud patterns and revenue leakages. Utilize artificial Intelligence (AI), machine learning, ...
KRA Commences Organizational Reforms to Enhance Efficiency and Personalized Customer Centric Service
(Press Release) 21/02/2025
... optimize internal resources and leverage advanced analytics and automation for effective delivery of KRA’s mandate. This transformation underscores our commitment to facilitate tax compliance through efficient ...
(Public Notices) 04/11/2024
... Income Tax (Pay As You Earn) Rules, 2024 Draft Income Tax (Advance Tax) Rules, 2024 Draft Income Tax (Withholding Tax) Rules, 2024 Draft Income Tax (Guidelines on Allowability of Bad Debts Guidelines), ...
How to Access the Migrated Data and Adjusting the Migrated Balances
(Migrated Legacy System Balances) 23/10/2024
... Legacy and payment on iTax, and vice versa for Instalments, Balance of Tax, WHT, and Advance Tax. Wrong accounting period. Objection decisions implemented wrongly. Uncaptured Legacy System withholding ...
KRA Records 11.1% Growth in Revenue Collection
(Press Release) 08/07/2024
Revenue mobilization for the financial year 2023/2024 grew by a notable 11.1% up from 6.4 % in the previous financial year, after KRA collected Kshs. 2.407 Trillion compared to Kshs. 2.166 Trillion in ...