Search Results for: transfer form
New revenue collection system for Nairobi City County operationalized
(Press Release) 19/06/2021
... Inbuilt payment System that enables a customer to make payments on the system through various payment methods – Mobile money, cards, bank transfer. The Nairobi City County Government appointed ...
(Blog) 25/05/2021
... return, one is required to capture the PIN of each partner and indicate the profit sharing ratio. Any profits or losses are then transferred to each partner’s PIN to be used when filing their annual return. ...
East African Revenue Authorities Seek a United Front on Taxing Digital Economy
(News) 06/04/2021
... in form of withholding tax, payable at 1.5% of the gross transaction value at the time of transfer of payment to the service provider, and is offset against corporation tax payable at the end of the financial ...
Returning Resident? This is what you need know…
(Blog) 15/12/2020
... (transfer of ownership) of the previously owned vehicle before changing residence from the former country of residence. Replacement of Left-hand Drive Motor Vehicles Are there any documents required? ...
Tax Incentives in Retirement Benefit Schemes (RBS)
(Blog) 26/10/2020
... is payable when savings in a RBS are transferred between different Retirement Benefit Schemes Withdrawal of funds by members from a registered RBS is subject to tax at pension withholding tax rates. ...
Digital Service Tax an Indicator of Changing Business Processes in Kenya
(Blog) 22/09/2020
... the way businesses operate. In fact, the growth in mobile money transfer services has been exponential. The taxation of the sector is not in harmony with this growth. The new modes of businesses have poised ...
Tax Amendments aimed at cushioning Taxpayers from effects of COVID-19 Pandemic
(Blog) 14/08/2020
... is due at the time of transfer of payment for the service by the service provider. Residents and non-residents with permanent establishments in Kenya are entitled to offset the digital service tax against ...
Taxpayers urged to submit views on the new e-commerce tax
(Press Release) 10/08/2020
... of the gross transaction value and is due at the time of transfer of payment for the goods or service to the provider. While the tax is a final tax for non-resident individuals and corporate bodies, ...
(Public Notices) 31/03/2020
... that most leasehold owners only pay land rent on transfer or charge of their property. In this regard, leasehold owners are notified to pay all land rent arrears including interest accrued as prescribed ...
Payment of Stamp Duty & Capital Gains Tax
(Public Notices) 23/03/2020
... the process and promoting investments. KRA emphasizes that transfer of property still attracts Capital Gains Tax which is payable by the transferor on or before the 20th day of the following month in ...
Migration of Legacy Ledger Balances to iTax
(Public Notices) 14/02/2020
... balances and not an assessment. However, balances transferred after validation will be displayed on the iTax platform for the taxpayer to take the appropriate compliance action. In case you have evidence ...
International Capacity Development Program (ICDP)
(Uncategorised) 12/02/2020
... responsible for their own costs in relation to flights, accommodation, allowances and transfers. We will provide the presenters, venue, and light refreshments on the mission day. Unfortunately, we may ...
KRA set to Engage at the 47th EAC Commissioners General (EARACGs)
(News) 31/01/2020
... markets to establish and apply prices for transfer pricing; KRA is actively participating in preparation of joint curriculum for tax investigators; Media publicity on tax fraud prosecutions has been expanded; ...
KRA reassures taxpayers of smooth transition from turnover to presumptive tax
(Press Release) 27/12/2018
... governments. Payment for presumptive tax shall be made on the iTax platform by generating a payment registration number which is payable through mobile money transfer or at any KRA partner bank. The ...
Harnessing society resources, modern technology key in effective tax administration.
(News) 22/10/2018
... has continued to create opportunities for tax administration in Kenya. Citing mobile money transfer technology, he said that mobile money transfer has created an even bigger opportunity for Kenya. ?This ...
KRA embarks on tax base expansion programmes to raise more revenue
(News) 12/10/2018
... including transfer pricing. Additionally, the CS noted that his ministry in partnership with KRA has enhanced use of technology as a key driver in the improvement of tax administration and collection. ...
(Speeches) 01/10/2018
... Tax Act was informed by the need to simplify and modernize the Act, expand the tax base; enhance equity and progressivity and incorporate the international taxation principles including transfer pricing. ...
Household Goods and Personal Effects
(Learn about Importation) 09/07/2018
... of disposal (Transfer of ownership) of the previous owned LHD vehicle before changing residence from the former country of residence. The current retail selling price (CRSP) of the RHD replacement vehicle ...
(Investing in Kenya) 03/07/2018
... revenues; ? a transfer of technology to Kenya; ? an increase in foreign exchange, either through exports or import substitution; ? utilization of domestic raw materials, supplies and services; ? ...
What is Capital Gains Tax (CGT)?
(File & Pay) 28/06/2018
CGT is tax that is levied on:– Gains which accrued to a company, an individual or partnership on or after 1st January 2015 on transfer of property situated in Kenya, acquired on or before January 2015. ...
