Income tax was first introduced in Kenya by the British in 1921. However other forms of colonial taxes such as Graduated Personal Tax, Land Tax and Hut or Poll Tax have since either become obsolete and inapplicable or have new names as we know them today.
This piece is in response to William Mbala, one of our readers who requested to know more about payment of City/Municipal council land rates in the perspective Freehold land. Property in Kenya can be acquired on freehold or leasehold basis. A freehold title will give the…
The moment you get your KRA Personal Identification Number (PIN), the taxman firmly has you. Everyone thinks a Personal Identification Number (PIN) is the taxpayers’ identification for Income Tax purposes. But if you thought your PIN has no other business apart from just being a PIN, you have another thing coming...
There's been much talk about the remuneration of MPs and numbers have been flying left right and centre. So let's make this clear once and for all. Just how much money does your MP take home every month?
Our taxman, KRA, says that Safaricom Limited has emerged the top taxpayer in the country for the financial year 2011/2012. The top ten taxpayers according to KRA goes as as it is in the order below:- Safaricom Limited East African Breweries…
The Kenya Revenue Authority (KRA) wants award-winning athletes to submit taxes at a top rate of 30%. According to John Njiraini, KRA’s commissioner-general, this new development is part of the renewed focus on rich Kenyans to help raise the revenue needed to finance rising government obligations. “It is part…
Soon, you will be able to pay for renewal of your driving licenses using mobile money platforms. The Kenya Revenue Authority (KRA) is currently working on the platform that will pave way for the implementation of the service that will aim to boost convenience while reducing…
The Kenya Revenue Authority (KRA) will be holding the 9th annual taxpayers week that is slotted to kick off today Monday 15th to Friday 19th October 2012. During this event, a series of activities will run, including tax clinics, seminars, corporate social responsibility and talk shows countrywide.
Double taxation is a taxation principle referring to income taxes that are paid twice on the same source of earned income. It occurs when the same transaction or income source is subject to two or more taxing authorities. Double taxation agreements on the other hand refer to agreements between…