Tax compliance in Kenya is a legal requirement for individuals and businesses registered with the Kenya Revenue Authority (KRA), ensuring they file tax returns and pay applicable taxes on time to avoid penalties, legal consequences, and disruptions in accessing government services. Maintaining a good tax record enhances credibility, facilitates business operations, and grants access to […]
You are probably wondering how the government handles and manages the various complex issues such as economic development, access to healthcare, and environmental sustainability. Public policy plays a key role in the making of decisions that shape the future. Anyone curious about the various forces that drive societal and economic change, or an aspiring changemaker, […]
Any foreigner who wishes to work or reside in Kenya whether voluntarily or paid must have a work permit for them to be legally accepted by the Kenyan government. The residence or work permit is issued by the Department of Immigration Services. It is under the Citizenship and Immigration Act 2011, sections 36, 40,41, and 42, of the Laws […]
Thought For Accounting and Reporting Framework By CPA Mutitu Dennis The accountancy profession has a vital distinguishing aspect which is the acceptance of the role to act in the capacity to serve public interest. A professional responsibility of an accountant is not to satisfy the needs of employing organizations or individuals exclusively. Thus, the laws […]
Tax Amnesty – Finance Bill 2023 After the lifting all the conservatory orders standing in the way of the implementation of the Finance Act 2023, all that is stipulated in the bill is legally effective. Though the finance bill faced substantial disapproval, it has provided for techniques aimed at providing taxpayers relief. It is critical […]
Tax Advisory at Dennykins & Associates Tax comes into play in almost every aspect of the business. Therefore, it is vital to avoid losses related to taxes by seeking the right tax advice before you take on business transactions. Thus, planning taxes is best at the inception stage of the business. Nevertheless, there are instances […]
It is statutory for business entities to abide by regulations set by the constitution regarding business operations. Every country has a set of rules and regulations in place to ensure cohesiveness and transparency in the commercial sector. It is for this reason that dennykins and associates are committed to help new businesses and existing entities […]
In order to streamline VAT collection and reduce instances of tax fraud, ETRs were initially implemented in Kenya in the year 2005. To help the trader account for the VAT charged at the moment of a sale, the ETR is a cash register with fiscal memory that preserves a record of all transactions. Electronic Fiscal […]
Are you selling goods or services online What is the effective date for VAT on Digital Market Supply in Kenya? 9th of October 2020 is the date the gazette notice was issued. What’s the 6-month transition clause. The regulations issued on 9th of October 2020 provided a transitional clause of up to 6 months expiring […]
What is a KRA PIN? A Personal Identification Number (PIN) is a unique identifier issued to taxpayer (both individuals and non-individuals) to transact business with KRA and other government agencies and service providers as provided by the 1st Schedule of the Tax Procedures Act How to apply for a PIN The application is online on […]
Your Trusted Tax Agent In Kenya.We Handle All tax matters for you.
09.00 – 17.00