Taxation for Casual Employees

CPA John what's your take on casual who work daily and are paid 700sh a day.At the end of the month they will have earned about 17000.When should you charge tax and yet you don't know whether they will be present the next day? Who is a casual?

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Taxation of contract jobs

Urgent. If casual employees wages reach the PAYE bracket do you deduct PAYE.I guess yes.Kingly comment.

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Withholding Tax on Commission to Marketers

Is commission payable to marketers in a sacco taxable and at what rate?

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Application of Capital Allowances

Hi CPAs when preparing the PPE theoretical, ehe, in class we were given the rates but in practice do we apply Capital Allowances rates provide by KRA?

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Taxation of Education Institutions

Hi CPA John kindly advice how are education institutes taxed and at what rate I only know about the PAYE. Its a private school an academy.

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Commission on Sale of Land

Should we withhold any tax on commision paid to a broker for the sale of land?This applies for a company dealing with sale of land

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VAT Registration complications

What would you advise for a company that was not charging VAT but registered for VAT before this law was passed?

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Taxation for Tour operators

The Finance Act 2016 has included the service of tour operators as exempt for VAT.

Does this mean that there is no VAT chargeable on all the package vacations and commission earned by the companies as well?

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Taxation of Non Resident

Hi CPAs someone please remind me how to tax a foreigner who has a work permit and has a company which is incorporated in Kenya. What rates apply to his employment income if he works for his company.

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Taxation of Software

Are softwares subject to VAT and with holding tax? I will aprreciate the various taxes around a software business. Thank you in advance

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VAT Rate on Building Materials

Hi guys, is sand & ballast Vatable

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Refund of VAT

Dear CPAs,

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Strategy on Estimated Assessments

Dispute Resolution -Morning Team: (a) What options does a tax payer have once he/she has received an estimated assessment like the chinese arrested last week? (b) What would you advice them to do. (c) Finally which law allows KRA to arrest a person? Marks 25.

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Low Interest Loans to Employees

CPA's help me understand who is suppose to pay for fringe benefit tax in a case where employees are given loans below market rate by organization, is the employees or employer?

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Rental Income from Mortgage Property

Hi. If someone has bought a house on mortgage and monthly payment to the bank is 70,000 she has a tenant, gets house rent for 45,000 only. She then is forced to top up the 25,000 to meet the bank target. This is already a loss on her part coz she's still paying to own it fully. Should she pay KRA for not filling the returns for the house......it's s weird state let me know.. from Emma

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Armotisation of Intangible Assets

someone please remind me,after adding amortisation to get the taxable profits what percentage is allowable for intangiable assets?

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Lease Accounting for Plant & Equipment

If a person buy locally heavy equipment for construction and then lease it what are the tax he has to pay if he is a foreigner. He has a work permit now and have registered a company

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Accounting for Rental Property

Hi CPAs, advise me whether we should treat land and building for rental income purposes owned by a company as per IAS 16 (property plants and equipment )or IAS 40 Investment property.

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VAT on Imports

Team..can one claim cutoms VAT the same month you paid?

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Income & Expenditure Account for Non Profit Entities

For NGO statement of cash flow, which word can you use in place of 'surplus (deficit) ?

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Processing an Invoice with Withholding VAT

Hallo. Urgent help. I'm processing a payment for training. The invoice has VAT. I'm a withholding VAT agent. Should I do the professional withholding tax at 5% too?

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Tax Treatment of Staff Meals

Again if employer provide meals to one section in an organization how will that be as far as tax is concerned? This is an NGO.

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Tax Treatment of Medical Benefits

Hi CPAs, if an employer pays partly medical expenses of its employee, will that be taxable in an NGO?

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Effects of Dual Registration for NGO

Help me dear CPAs,where an organization registration was in 1993 was under societies act and later in 1994 it was registred under NGO act thus it has been filling similar data in both regulators ( 2 returns) but also using certificate for socities act for getting work permit for its employee's who most them who works as missionaries,could their be any issues in future from any regulator?

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Customs Duty Exemptions to a Person with Disability

A person with disability who own a sole proprietor business.is he exempted from Customs?

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