Search Results for: cgt
Which exemptions have been removed from the Income Tax Act?
(Faq) 25/05/2026
Which exemptions have been removed from the Income Tax Act?
How can I differentiate the Capital Gains Tax Types?
(Faq) 25/05/2026
How can I differentiate the Capital Gains Tax Types?
(Category) 07/06/2018
... to any of the KRA appointed banks to make the payment. 9. Capital Gains Tax (CGT) What is the rate of tax for Capital Gains Tax? 5% of the net gain (Net Gain is Sales Proceeds, less the Acquisition ...
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. ...
KRA files Application to been joined in NCBA Group Tax Exemption Case.
(Press Release) 04/05/2023
... High Court regard exemption granted to NCBA from paying Capital Gains Tax (CGT) amounting to Ksh.1.35Billion. Following the merger of NIC Group PLC and Commercial Bank of Africa, NCBA was granted Capital ...
Changes to Stamp Duty Payment to enhance Ease of Doing Business
(Blog) 26/11/2021
... Duty for every quarter from the date of the Instrument. Capital Gains Tax and Stamp Duty Previously, when dealing with a transaction that would attract Capital Gains Tax (CGT), for example purchasing ...
Understanding Stamp Duty Payment
(Blog) 30/11/2020
... from the date of the Instrument. Previously, when dealing with a transaction that would attract Capital Gains Tax (CGT), for example purchasing a property or transfer of shares, then the payment of ...
Tax Issues to Consider when Investing in Kenya
(Blog) 11/09/2020
... tax on their income at the rate of 25% and 37.5% respectively. Other taxes affecting companies include Withholding tax, Pay As You Earn (PAYE), Value Added Tax (VAT), Capital Gains Tax (CGT), Stamp duty ...
New iTax enhancement boosts July 2019 Capital Gains Tax Revenue Performance
(Press Release) 26/08/2019
The Kenya Revenue Authority (KRA) has enhanced the iTax system to reflect exemptions in transactions that attract Capital Gains Tax (CGT). Capital Gains Tax is a tax chargeable on the transfer of a property ...
(Taxation for Companies & Partnerships) 07/06/2018
... Tax (CGT) This is a tax chargeable on the whole of a gain which accrues to a company or an individual upon transfer of property situated in Kenya, whether or not the property was acquired before 1st ...
(Learn about KRA PIN) 07/06/2018
... of over Kshs. 40,000 payable for any year. This excludes individuals whose tax liability for a particular year is fully covered by PAYE. Capital Gains Tax (CGT) This is Income in respect of which ...
(Public Notices) 05/02/2019
... being encountered when reprinting a payment slip or acknowledgment receipt (for WHT, CGT, WVAT) from back office have been resolved. MRI returns errors - A partial fix has been delivered to deal with ...
iTax Enhancements for December 2018 and January 2019
(Public Notices) 30/01/2019
... slip or acknowledgement receipt (for WHT, CGT, WVAT) from back office have been resolved. MRI returns errors - A partial fix has been delivered to deal with errors in filing MRI returns for certain counties, ...
