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 […]
Section 73(3) of Kenya’s Income Tax Act (Cap 470) empowers the Commissioner of the Kenya Revenue Authority (KRA) to issue what are commonly known as “Estimated Assessments” where a taxpayer fails to submit a tax return for a given year of income. These assessments are presumed determinations of tax liability and are enforceable unless the […]
Value Added Tax (VAT) VAT is an indirect tax that is paid by the person who consumes taxable goods and taxable services supplied in Kenya and/or imported into Kenya The tax is collected at designated points by VAT registered persons who act as the agents of the Government. VAT on imported services is paid by […]
TAX HEALTH CHECKS The idea – similar to a regular medical check-up with your doctor now a health check of your organization’s tax affairs’ review of your business’s records and accounting systems with a view to: Identify any areas of risk in relation to tax Mitigate any tax risk Giving confidence in the level of […]
The app was unveiled in August this year and is available for download on Google Play store. According to Jacob Alert, M-Service’s project manager, the app will be available for iOS on Apple’s App Store in early 2021. He also said that the USSD version of the M-Service App will be available early next year. […]
How to Change or Remove Directors in a company How to Change or Remove Directors : Dennykins Associates is here for an organization to either change or remove directors, the institution has to ensure it abides by the change of directors guidelines in Kenya under Companies Act, No 17. At Dennykins Associates we are specialist […]
Reasons for KRA Tax Waiver to Be Granted Reasons for KRA Tax Waiver to Be Granted : Most waivers tend to be turned down because petitioners overlook some essential aspects. For example, they might either not portray good cause or reason for the waiver. AT Dennykins Associates we have variety of reason in support of […]
How to respond to KRA Tax demand How to respond to KRA Tax demand : Taxation as a concept entails various aspects such as tax demands, incentives, assessments, clearance, etc. Dennykins Associates can help you master each of these tax elements. Of all these tax concepts, tax demands tend to stand out since most people […]
How to File Income Tax Return (KRA) in Kenya How to File Income Tax Return in Kenya : With insight into the roles of tax agents in Kenya, we can now look at another common concept, which is filing tax returns. In every fiscal year, every taxpayer in Kenya is required to file their returns. […]
How to Apply for KRA Waiver Using iTax How to Apply for KRA Waiver Using iTax : In some cases, individuals may forget to file their returns within the designated period. As such, they fall victim to facing the harsh wrath of the law. However, they can escape this wrath by writing a KRA waiver. […]
