Abacus Wealth Management

Understanding Kenya's Complex Tax System;There's a Book for That

Just what are the reasons why you MUST pay taxes? Why does the Kenya Revenue Authority (KRA) insist on frisking you for taxes?  To understand that and tonnes of other garbage you never quite seemed to understand about taxes, the matter just got simplified. The Institute of Economic Affairs has published a handbook, “A citizen’s Handbook on Taxation in Kenyathat will get you sorted on this subject.

The handbook attempts to break down Kenya’s complex tax system into a user friendly form for consumption by the average person. The book among other issues discusses design of various tax heads, their purposes and differences and also how they are administered.

Tax issues have for a long time been viewed as a complex subject that should be left largely to tax experts. This perception has contributed to the huge information gaps on issues of  tax policy, tax administration and tax performance reaching the public. The new tax handbook, seeks to fill this gap by using a simplified approach to help the us to understand how the various taxes are designed. It will also help us differentiate the different types of taxes,  as you understand how these taxes are administered and the changes that have occurred in  the tax system over the years.

Read this book so that you at least reserve the public a few taxable views here and there whenever tax dialogues and debates come up.

Download the Book Here(PDF). It’s okay, you can thank me later.

Exit mobile version