The iTax filing system is designed to accept the various type of KRA returns such as Income tax related to the resident individual, corporates, partnership and indirect tax such as VAT and Excise. Based on your tax obligation, you need to choose the right type of iTax returns and file.
To know more on different types of KRA tax returns which you can file from the iTax online portal, please contact us.
Value Added Tax is charged on the supply of taxable goods or services made or provided in Kenya and on the importation of taxable goods or services into Kenya. The VAT rate is currently 16%.
If you are registered for VAT you will be required to account for VAT charged on your taxable supplies through online monthly returns and pay any VAT due.
Operating a business comes with filing monthly PAYE returns for your staff. It’s in the‘things they don’t tell you about starting a business’ manual . It’s already tasking to run day–to–day operations without having to file timely PAYE returns. Enjoy a much simpler way, where all you need to do is look out for the the email confirmation of the return filed and a slip for you to settle the tax at your convenience.
We offer a clean, easy to understand web portal manned by our PAYE professionals who are on call to iron out any issue, and yes, we can assist you with NSSF and NHIF too!
An individual income tax return is a declaration of income earned by an individual within a particular year.
Every individual with a KRA PIN is required to file this return.
You can file your Individual Income Tax Returns for a particular year of income, anytime between 1st January to 30th June of the following year.
Submission of income tax returns is an online process done via iTax.
If you have no income to declare, you are required to file a NIL return.
Auditing is simply the examination of the financial records to determine their accuracy and in relation to the application of the accounting policies and standards. It is important for any business organization to achieve its business objectives, attain reliable financial reporting on the operations, prevent fraud and misappropriation of assets and reduce the cost of capital as much as possible.
NHIF covers includes hospital bed charges, nursing care, diagnostic, laboratory or other medically necessary facilities and services, physician’s, surgeons, anesthetists’, or physiotherapist’s fees, operating theatre charges, specialist consultations or visits and all drugs, dressings or medications.
The National Social Security Fund, NSSF, is a friendly service organization which exists for the public good. It offers social protection to all Kenyan workers. NSSF provides social security protection to workers in the formal and informal sectors. It registers members, receive their contributions, manage funds of the scheme, process and ultimately pay out benefits to eligible members or dependents.
This is a Pension Scheme to which every Kenyan with an income shall contribute a percentage of his/her gross earnings so as to be guaranteed basic compensation in case of permanent disability, basic assistance to needy defendants in case of death and a monthly life pension upon retirement.