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…
Kenya is one of the most vulnerable countries to the impacts of climate change. The country is already experiencing more frequent and severe droughts, floods, and other extreme weather events. These events are disrupting agricultural production, damaging infrastructure, and displacing…
Taxation plays a pivotal role in the economic development of any nation, and Kenya is no exception. As businesses and individuals thrive in this dynamic economy, understanding taxation and ensuring tax compliance are vital to avoid penalties and promote financial…
