News & Insights

News and Insights

SUBMISSION OF EMPLOYMENT RETURNS FOR THE YEAR ENDED 31ST DECEMBER 2021

The National Employment Authority (NEA) has issued a notice that requires employers to keep a register in which the employer shall enter the full name,

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THE VAT, ELECTRONIC TAX INVOICE REGULATIONS, 2020 Q&A

The VAT (Electronic Tax Invoice) Regulations, 2020 The KRA has given firms until August 2022 to install new electronic tax registers connected to its systems

News and Insights

NHIF BIOMETRIC REGISTRATION AND ELECTRONIC CLAIMS MANAGEMENT FOR UHC

NHIF BIOMETRIC REGISTRATION AND ELECTRONIC CLAIMS MANAGEMENT FOR UHC The National Hospital Insurance Fund (NHIF) is introducing the use of fingerprints to identify its 8.9

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Deregistration/Cancellation of Tax Obligations

Deregistration/Cancellation of Tax Obligations Kenya Revenue Authority (KRA) through the notice published in their website notified the public that taxpayers who are registered under a

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Overview of Minimum Tax

What is Minimum Tax Minimum Tax is a base income tax payable of all persons regardless of whether or not they are making a profit.

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Digital Service Tax

DIGITAL SERVICE TAX (DST) 1. What is Digital Service Tax (DST)? Digital Service Tax (DST) is payable on income derived or accrued in Kenya from

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Turnover Tax

1. OLD TURNOVER TAX The turnover tax was introduced in Kenya in 2007 (w.e.f. 1st January 2008) to enhance revenue collection, improve tax administration and

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IMPLEMENTATION OF THE UNIFIED PAYROLL RETURN (PAYE/INDUSTRIAL TRAINING LEVY)

THE UNIFIED PAYROLL RETURN (PAYE/INDUSTRIAL TRAINING LEVY) The Kenya Revenue Authority (KRA) and the National Industrial Training Authority(NITA) would wish to inform the public that

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VOLUNTARY DISCLOSURE PROGRAMME TO HELP TAXMAN LOOP MORE TAXPAYERS (VDP)

VOLUNTARY DISCLOSURE PROGRAMME The Tax Procedures Act, 2015 has introduced a Voluntary Disclosure Programme (VDP), where a taxpayer discloses tax liability that was previously undisclosed

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INTRODUCTION OF DIGITAL SERVICE TAX (DST) @ 1.5%

Digital Service tax On 30th June 2020, President Uhuru Kenyatta approved the Finance Act, 2020. The Act introduced a Digital Service Tax at a rate

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A SIGH OF RELIEF FOR LANDLORDS AS THE RENTAL INCOME TAX THRESHOLD INCREASES TO 15M P.A

INCREASE IN MONTHLY RESIDENTIAL RENTAL INCOME TAX (MRI) THRESHOLD The Finance Act 2015 introduced a new Section 6A in the Income Tax Act Cap 470

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Introduction of Minimum Tax

Minimum Tax Introduction The recently enacted Finance Act, 2020 introduced the Minimum Tax which is a base income tax payable by all persons regardless of

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The New Amendment to the Value Added Tax Act (VAT), 2013

THE NEW AMENDMENT TO THE VAT ACT, 2013 THAT TIGHTENED THE NOOSE ON THE VAT INPUT CLAIMS IN KENYA On 30th June 2020, President Uhuru

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New Regulations for Turnover Tax (TOT)

New Regulations for Turnover Tax (TOT) President Uhuru Kenyatta assented the Tax (Amendment) Bill, 2020 bill into law with a view of cushioning Kenyans against

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Taxation of Emoluments/Pensions

Taxation of Emoluments/Pensions KRA is pleased to inform employers, employees and the general public that following the presidential directive, amendments have been introduced to the