KRA SIMPLIFIES TAX FILING PROCESS FOR THOSE IN FORMAL EMPLOYMENT The Kenya Revenue Authorithy, KRA, has simplified the tax returns filing process for those in formal employment. The agency has included auto-populated information from employment income in the iTax system.Employees will now be expected to verify correctness of the populated information and also fill in … Read more
In one of the cases, the accused persons, Mohamed Moalin Mohamed, a director of Gaab Transporters Limited as well as Wilson Ogot Owera, David Osore Wesonga and Rolland Anakaya Chiriswa, tax agents to the company, were jointly charged for knowingly making an incorrect statement to the Commissioner for Domestic Taxes in the company’s Value Added Tax (VAT) returns for the months of March, April, May and June 2016 thereby reducing the company VAT liability for the months by Ksh1,593,908.
Employees working in the formal sector are subjected to a monthly Pay As You Earn, PAYE, tax that is deducted from their salaries. The deductions are effected by the employers and sent to the Kenya Revenue Authority, KRA. The amounts of taxes payable depends on the amount of salary earned by the employee. Each employee … Read more
The Teachers Service Commission, TSC, has asked teachers to file their 2018 income tax returns. Via a circular dated 4th February, 2019 the TSC boss, Dr. Nancy Macharia, says the Commission has uploaded the tax deduction forms (P9 forms) onto their website at https://tsc.go.ke/index.php/online-services/online-payslips Dr Nancy says teachers and other TSC staff are expected to … Read more