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Q_id : 172    none


when calculating tax on gratuity which years tax rate do you use?

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Country Kenya
 
Q_id : 171    Business Tax


A SACCO has the following sources of Income.
1. Interest income from the SACCO's own BOSA operations.
2. Dividend income from an insurance company and a listed Commercial Bank.
How are we supposed to treat the above income when computing Income Tax for the SACCO?

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Country Kenya
 
Q_id : 170    none


Describe tax incentives available for a mining company in

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Country Kenya
 
Q_id : 169    Value Added Tax


if a supplier of a vatable good does not charge me VAT, am i obligated to pay?can i be accused of abbeting tax evasion?

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Country Kenya
 
Q_id : 168    none


what does state country mean in international taxation

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Country Kenya
 
Q_id : 167    Income Tax Bill 2018


Hi,

Is WTAX for non-residents due if a non-resident organization(Europea
n) wants a resident Kenyan company to disburse funds to non-residents(Africa
n)?

Are these payments deemable as income derived or accrued in Kenya?

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Country Kenya
 
Q_id : 166    none


Hi,
Are imported Meters from China Vatable?

Thanks and Regards,
Josephine

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Country Kenya
 
Q_id : 165    Other


What are the contributions of the evolution of taxation in the grand narratives of the Philippines?

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Country
 
Q_id : 164    Tax Offences


If you import a car today in Kenya, you are likely to pay an amount equal to the purchase price or more as taxes to the Kenya Revenue Authority (KRA), thanks to the exorbitant tax regime.

For instance, if the purchase price of a car is Ksh5 million, you will need at least Ksh5 million to clear the vehicle at the port, making it an expensive affair to own a car in the country.

In one instance, the ownerof Ndovu Cement imported a brand new Lamborghini Urus into the country at a cost of Ksh26 million. For clearance and registration in the country, KRA asked for the same amount of money, making it hard for the owner to register the vehicle in the country.

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Country Kenya
 
Q_id : 163    none


Is severance pay taxable in Kenya?

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Country Kenya
 
Q_id : 150    Online Filing


i withheld more tax amount than required from a supplier,how do i make that correction on itax

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Country Kenya
 
Q_id : 149    none


My client wants to import his car to Kenya but it is older than 8 years. What taxes does he needs to pay and is it possible as per the law

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Country Kenya
 
Q_id : 148    Accounting


Are we required to withhold tax on service level agreements?

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Country Kenya
 
Q_id : 147    Value Added Tax


What the VAT treatment of a service physically performed in Kenya but us and consumption is outside Kenya

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Country Kenya
 
Q_id : 146    Tax Administration


How much duty can I expect to pay on importation of a second hand motor vehicle?

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Country Tanzania
 
Q_id : 145    Online Filing

What are the steps for online tax filing in Kenya?


What are the instructions on filling different tax obligations in the itax platform.

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Country Kenya
 
Q_id : 144    none


Who is the commissioner of income tax?

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Country Kenya
 
Q_id : 143    Business Tax

What is considered as Management fees for WHT purposes in Kenya?


Hi,
Are fees charged by an arbitrator in a dispute resolution considered as professional fees for WHT treatment.

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Country Kenya
 
Q_id : 142    Value Added Tax

How do you determine the VAT rate of a product or Service in Kenya?


Hi,
Do we charge VAT on generator sales?

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Country Kenya
 
Q_id : 137    Value Added Tax

Value Added Tax(Amendment)Act 2014


Hi

I understand that the 2013 VAT Act was changed by Kenya's Value-added Tax (VAT)(Amendment) Act 2014 which exempted tour operators from VAT. Is this true?

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Country Kenya
 
Q_id : 102    Value Added Tax

What is the VAT registration threshold in Kenya?


I was asked by a person who is running a small-scale business. The turnover is approximately Kshs. 2 Million a year. This would be so if by any chance he gets a contract with a big firm. Of course getting such contracts for a small business person is a herculean task in Kenya we live today.

Most of the people he works for are medium companies and his services are vatable. This person is not registered for VAT.

He asked me whether it is compulsory for him to register for VAT.

For once, I do not have an answer for this. I don't know whether whatever answer will come from my mouth will either land him in future problems with the taxman as I have seen some do lately.

But if I may ask, what does KRA consider to be the minimum threshold for compulsory VAT Registration.

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Country Kenya
 
Q_id : 101    Customs


I am a registered resident taxpayer. My pin has been deactivated for one of my limited companies.

What does this mean and how can I re-activate it?

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Country KE
 
Q_id : 100    Business Tax


When are tax returns supposed to be file? I see some are filed monthly others quarterly yet others at the end of the year. Kindly help.

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Country KE
 
Q_id : 99    Business Tax

New Regulations on Commercial Rental Income


Afternoon, who has an update on taxation of commercial rental properties and the treatment for residential rental property that have a gross income of over 10m?

Are we required to charge 10% as rental income tax for residential property that have a monthly income of 10m and below. One can also choose to use the old way where it's 30% of income less expenses.

Do we have regulations for commercial rental income and residential rental income that is over 10m that have come to effect?

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Country Kenya
 
Q_id : 98    Accounting

Grant Accounting for CAPEX


Small upcoming utility company prepared her financial statements for fy June 2016. During the said period gvt grant Ksh 5.1m was received. This grant was Meant to construct a building. By the end of this period all amount had been disbursed and spent on the intended project. What should be the treatment in the company books?

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Country Kenya
 
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