Deadline For Filing Tax Returns In Kenya 2018

For taxable income the penalty for late filling is 5 or kshs 10000 whichever is higher. Company accounts must be prepared or examined by a holder of a practicing certificate or written authority to practice issued in accordance with the accountants act cap.

Kra Tax Returns Deadline 2018 And Late Filing Penalties

deadline for filing tax returns in kenya 2018

deadline for filing tax returns in kenya 2018 is a summary of the best information with HD images sourced from all the most popular websites in the world. You can access all contents by clicking the download button. If want a higher resolution you can find it on Google Images.

Note: Copyright of all images in deadline for filing tax returns in kenya 2018 content depends on the source site. We hope you do not use it for commercial purposes.

The kenya revenue authority kra has said that it will not extend the june 30 deadline for filing tax returns with those in.

Deadline for filing tax returns in kenya 2018. How to file your kra itax returns 2018 ttv. Kra rules out extension of tax filing deadline. File now to avoid last minute rush.

The business owner often out source the tax filing and accounting job still it is important for them to keep the tax calendar updated. The filing season is here time to declare your individual returns before 30th june 2018. The tax returns deadline for the 20172018 financial year is 30th june 2018.

Each person who has a kra pin is required to file tax returns before the deadline expiry. The law requires that returns of income are accompanied by accounts of the business. The culprits pay a fine of kshs20000 or five percent of the tax due whichever is higher.

Kra income tax returns deadline. So this post is for all of them the. The kenya revenue authority kra is a government entity charged with the responsibility of collecting and accounting for all taxes on behalf of the government.

The kenya revenue authority imposes fines on companies and businesspeople who defy kra tax returns deadline on vat return submissions. You can reach us on. The kenya revenue authority kra requires all citizens with a kra personal identification number pin to file their returns including those who earn below the taxable amount that is a nil return.

Monday july 2 2018. In april 2018 the taxman introduced new rules governing the filing of nil returns in order to reduce cases of tax evaders who file nil returns. Weve got your back.

Deadline for filling tax returns returns and due dates. Check out guidance on how to file your annual income tax return for employment income using excel sheet p9 form. Experiencing difficulty in filing your annual income tax return.

Step by step procedure of how to file kra tax returns online in kra itax portal by laban gachie. Just like applying for a personal identification number pin on itax filling your returns is just as easy and should not take you more than 15 minutes. If you earn an income in kenya the kenya revenue authority kra requires that you file your income tax returns by june 30 every year.

However on top of the ksh20000 fine that those who default will face failure to file returns may cost you a lot more including employment and business. Knowing about tax deadline or when are business tax returns due is quite a common thought when the year is near the end. The deadline for filing tax returns with the kenya revenue authority kra at the end of june often sees kenyans do a last minute rush to comply and at times some miss.

How To File 2019 Tax Returns On Kra S Itax Portal Kenyans