Capital gains tax in Kenya is a form of income tax levied on the profit earned from the sale or transfer of a capital asset. Capital assets may include land, buildings, shares, and other investment properties. In simple terms, if…
In the dynamic and complex world of tax compliance in Kenya, disputes between taxpayers and the Kenya Revenue Authority (KRA) are not uncommon. These disputes can arise from varying interpretations of tax laws, errors in assessments, or differences in documentation.…
In Kenya’s evolving legal and business landscape, resolving disputes amicably, efficiently, and without the traditional burden of court litigation is becoming more critical. The Alternative Dispute Resolution (ADR) Framework in Kenya offers a structured and increasingly popular avenue for individuals,…
In Kenya’s evolving tax landscape, disputes between taxpayers and the Kenya Revenue Authority (KRA) are not uncommon. Misunderstandings can arise due to complex tax laws, varying interpretations of statutes, or genuine errors in filing and reporting. To handle such situations…
Small and Medium Enterprises (SMEs) play a vital role in Kenya’s economy by creating jobs, fostering innovation, and driving economic growth. However, one of the most significant challenges SMEs face is taxation. Effective tax planning strategies can help businesses comply…
Tax disputes are common in Kenya, especially as the Kenya Revenue Authority (KRA) strengthens its enforcement of tax laws. Businesses and individuals often find themselves in conflict with tax authorities due to assessments, penalties, or differing interpretations of tax laws.…
In Kenya, taxation plays a vital role in financing public services and infrastructure. Two commonly discussed tax regimes for businesses are Turnover Tax (TOT) and Value Added Tax (VAT). While both are levied on business transactions, they serve different purposes,…
Turnover Tax (TOT) is a simplified tax regime introduced by the Kenya Revenue Authority (KRA) to enhance tax compliance among small and medium-sized businesses. TOT aims to reduce the administrative burden of tax filing while ensuring a broader tax base.…
Questions and Answers for Residential Rental Income Tax (MRI) in Kenya Your complete guide to understanding the Monthly Residential Rental Income Tax in Kenya for landlords and property owners. Frequently Asked Questions (FAQs) Below, we answer the most common questions…
As the real estate market in Kenya grows, landlords and property owners are increasingly required to understand and comply with Kenya’s tax obligations related to rental income. For those with residential rental properties earning between KSh 24,000 and KSh 15…
