Your informer on business, economies and government play
Your informer on business, economies and government play
When running a business, every shilling counts especially when it comes to VAT. While VAT on many business expenses is claimable, VAT law also draws a firm line on certain items. These are expenses where, no matter how tempting, you…
If you are running a VAT registered business, there is one document you cannot afford to mess up the tax invoice. It is more than just a receipt . It is a legal requirement and the backbone of proper VAT…
If you have ever tried to make sense of VAT in Kenya, you know it can feel like learning a new language. But do not worry, once you break it down, it is much easier to understand. Let us dive…
When you finally cross the threshold into VAT registration, you are not just getting a certificate to hang on your office wall, you are stepping into a whole new world of tax benefits, legal responsibilities, and operational standards. Whether you…
If you have ever wondered why businesses talk so much about VAT, here is the simple truth: Value Added Tax (VAT) is a tax on spending. Businesses collect it every time we buy taxable goods or services, then forward it…
If you’re a landlord in Kenya, registering your property for Monthly Rental Income (MRI) is a crucial step toward compliance with the Kenya Revenue Authority (KRA). The registration process is quick and fully online via the iTax portal. Here’s a…
Earning income from rental properties can be a lucrative venture but it also comes with tax obligations that every landlord should understand. In Kenya, rental income is taxable under the Income Tax Act, and the mode of taxation depends on…
Taxes are the lifeblood of any government. They finance essential public services, drive national development, and enable economic stability. Yet, many people rarely pause to understand how taxes work and what makes a tax system fair, efficient, and sustainable. In…
Tax fraud is not a new story it is just changing costumes. Across the world, governments lose billions to sophisticated tax evasion schemes, but few are as deceptive and damaging as the Missing Trader Fraud. In Kenya, this form of…
Taxes are the backbone of every nation’s development, they fund schools, hospitals, roads and national security. Yet, despite their importance, some individuals and corporations go to great lengths to avoid paying their fair share. When this avoidance crosses into illegality,…