How to Handle a KRA Tax Audit in Kenya
The Kenya Revenue Authority (KRA) uses the self-assessment tax system, where taxpayers are allowed to calculate their taxes and file returns accordingly. The tax authority trusts individuals and businesses to declare their revenue and “give to Caesar what belongs to Caesar.” This is a huge responsibility placed on the taxpayer. It also tests their integrity […]
Sample of a Memorandum of Appeal in a Tax Case
Sample of a Memorandum of Appeal in a Tax Case Looking for an MOA sample for a tax case? Here’s a brief sample: ——————————————————————————————————————— REPUBLIC OF KENYA THE TAX APPEALS TRIBUNAL AT NAIROBI APPEAL NO………OF 20…. SKYFONT ENTERPRISES LIMITED APPELLANT Versus COMMISSIONER OF REVENUE, KRA RESPONDENT MEMORANDUM OF APPEAL The Appellant, Skyfont Enterprises, is aggrieved […]
How To Write a Memorandum of Appeal in a Tax Case
Legal processes follow specific guidelines and rules that must be followed. Failure to follow these requirements can have your tax case dismissed, which will not be in your favor. These guidelines include mandatory documents required to appeal, whether to the High Court, Court of Appeal, or the Tax Appeals Tribunal (TAT). One such document is […]
Manual KRA Waiver Application
KRA also accepts a manual waiver application. This method is suitable for tax penalties and interests that preceded the iTax service portal and cases that require hands-on handling by a KRA Tax Consultants. For instance, if the penalties resulted from a filing error on your part or a system glitch on KRA’s side, a manual […]
KRA Waiver Application Letter Sample
A KRA waiver letter is everything because it tells the commissioner whether you deserve a waiver or not. It can make all the difference and determine if you’ll get an approval or an approval. In this KRA waiver letter sample, we show you how to write a good waiver application letter for a better chance […]
How to Handle a KRA Tax Assessment
Kenya Revenue Authority (KRA) relies on taxpayers’ self-assessment to declare and pay taxes. KRA’s trust in the taxpayers sustains this system. If the KRA has reasons to believe you are being untruthful, they can demand a tax assessment. This assessment usually comes alongside a demand for unpaid taxes. Receiving a tax assessment demand from KRA […]
Step-by-Step Guide to Filing PAYE Returns in Kenya
Step-by-Step Guide to Filing PAYE Returns in Kenya PAYE is one of the most significant taxes in Kenya and a substantial contributor to our GDP. Every employer is required to deduct these taxes from their employees’ wages, remit them to the KRA, and file a return. Failure to do so or late filing attracts penalties […]
How to Get a KRA Tax Waiver or Penalty Relief
What happens when you make an error that could lead to tax penalties when filing your KRA returns? Or a system bug created a glitch in the KRA system, giving you wrong tax obligations or penalties. Other times, you may have accumulated penalties and interests unknowingly, and you’d like to be forgiven so that you […]
Mistakes Businesses Make During VAT Filing
VAT tax is one of the most important business taxes in Kenya. It contributes heavily to the Kenyan economy, and various kinds of enterprises are expected to remit their VAT every month. Although it’s one of the simplest income taxes, many businesses make avoidable mistakes that lead to overpayment, underpayment, penalties, and interest. The mistakes […]
How to File Nil Returns on iTax
Did you know that every KRA PIN holder is legally required to file a tax return even without an income? Yes, KRA expects you to file a Nil return at the end of each tax period, even with no transactions to show. It doesn’t matter whether you are a student, unemployed, closed your business, or […]
