Government through the National Treasury is looking forward to bring back the hefty excise duty on betting, a step that will push the gamblers and betting companies against the wall.The excise duty is set at the rate of 20% of the money in every bet.This move will see the punters and gambling companies contribute billions of money to the government through the Kenya Revenue Authority yearly.
Vehicle number plate registration is the defining character of a car usually registered by the name of the car owner, engine size, chassis number, color and brand of the car.This plays an important role in identification of the owner incase of damage or lose.Kenyans prefer latest number plates for fashion, owning latest modern cars and also to be at high class in life.Vehicle registration number in Kenya is done by the National Transport and safety Authority which provide registered numbers for vehicle imported from other countries such as Japan, Singapore,United States among others.
After the notification gave by Kenya Revenue Authority today, the vast majority have now racing to digital to document returns.In any case, did you realize you can simply fill your bill gets back from the solace of your home?Today I will share a basic technique you can simply use to rapidly fill your bill returns.
Photo: Kenya Revenue authority offices Kenya Revenue authority has continued to pass strict measures to ensure that Kenyans faithfully file tax returns.In an message sent to Kenyans yesterday, KRA stated that those people who will not file returns risk being deregistered from the company.KRA would like to crack whip on Kenyans who have been evading paying of taxes in every financial year.
As the saying goes, give to Caesar what belongs to him and God what belongs to God, every Kenyan or non-Kenyan living in Kenya is expected to give to the government what belongs to it.This is done through paying taxes cutting across from the following sources of income; Business Income from any trade or profession, Income from employment or services rendered, Rent Income, Pensions Income, Investment Income - dividends and interest among others, and Capital Gains.
Kenya Revenue Authority (KRA) has listed more than 60,000 personal identifications numbers (PINs) that are to be deregistered after owners failed to file their tax returns.The authority has given a 30-day ultimatum to all persons eligible to remit Value Added Taxes as well as income taxes after which they begin the process of deregistering the PIN holders and erasing their data from the national servers.
The Kenya Revenue Authority has notified the public of their intention to Deregister and cancel exactly 62727 pins.Out of the total, 7107 belongs to individuals while the rest belongs to different registered self help groups, schools, non profit making organizations and companies.According to the kra website, the only pins which are going to be Deregistered and Canceled are those pins which are very dormant and do not remit nor file the value added tax (VAT) or declare their income at the end of year.
On Monday May 3, Kenya Revenue authority issued a 30 day notice for citizens to remit their taxes.KRA warned of conducting mass deregistration of Personal Identification Numbers for Kenyans who will fail to hit the dealine.This will bar them from conducting any business in the country.
In every developed country, tax has always been the backbone of development.It's through this income that the government is always able to bring in more cash to finance projects and government expenses.This is something that is supposed to be paid by anyone immediately you register and obtain a Kenya Revenue Authority Personal Identification Number.
After the notice issued by Kenya Revenue Authority today, most people have now rushing to cyber to file returns.But did you know you can just fill your bill returns from the comfort of your home?Today I will share a simple procedure you can just use to quickly fill your bill returns.
The Kenya Revenue Authority on their website gave a notice to citizens in the intended deregistration and Cancelation of kra pins which have not been filing returns over the past years.Each and every person is supposed to file annual returns whether employed or not employed.For the unemployed individuals, are supposed to file a nil return from 1st January to 30th June every year.
The Kenya Revenue Authority is an agent of the government of Kenya which helps the state in collecting taxes.The Kenya Revenue Authority commissioner recently addressed their intention to Deregister and cancel all the dormant pins which do not file their VAT and income returns.Value added tax returns are supposed to be filed at the end of each month by those individuals and companies who business failure to which the penalty for late filing is always Ksh 10000.
The Kenya Revenue Authority has lost a court battle for a share of 4.4 billion insurance compensation money paid to Westgate Mall by Kenindia Assurance as compensation following 2013's terrorist attack in the shopping mall.The Kenya Revenue Authority submitted to the high court through commisioner of domestic tax demanding overturn of the Tax Appeal Tribunal decision that barred that tax man from demanding a total 380M tax from Westgate Shopping mall owners, Sony holdings limited.
You Are On Your Own: KRA Releases The Latest Statement That Should Be Taken Serious By All Taxpayers
All Kenyans with Kenya Revenue Authority (KRA) personal identification number (PIN) is supposed to fill tax return online.KRA pin has become compulsory to all citizens who want to open a bank account as well as those who want government services that involve money transactions.
Kenya Revenue Authority had previously announced very tough measures against those Kenyans who will not have filled their returns at the end of May.However, in a statement released today, they have made changes to the previous notice.The second notice which was released today in the morning shared a list of names of the people that KRA wanted to deregister their pins after the deadline for filing returns expires this coming month.
All Kenyans who are working in any formal sector is paying tax.This include those who are working in public and private sectors.For them to pay tax, they have personal identification number called KRA pin.The government has almost made it a compulsory for any citizen to have a KRA pin.
Kenya Revenue Authority (KRA) is a government agency that comprises of the public and private board of directors.KRA plays key vital roles to the government such as assessing, collecting and accounting for all revenue on behalf of the state.It's a constitutional requirement that every citizen of a Kenya should pay tax.
The Kenya Revenue Authority has taken a different stand which is different from the one they issued on Monday.KRA had said that those people who do not file their returns by June 30th and have not been doing so, will see their PINs deregistered from the system.
The Kenya Revenue Authority, KRA, is an organ in the government that collects tax on behalf of the government.What are the repercussions should you fail to file the returns?All Kenyans who are registered under the Value Added Act 2013 and the Income Tax Act CAP 470 under the laws of Kenya, have been asked to file their returns.
If you fail to file your returns before June 30th, you risk losing your Kenya Revenue Authority(KRA) pin.This is a part of KRA's move to enforce tax return compliance as has been provided for by 2015, tax procedures act.Wondering what will happen if your KRA pin is disqualified?