What belongs to Caesar, make him keep it!
An economy has her revenue earned from the operating results of trading entities, from individuals and value added to services and goods. This is by way of tax.
Tax is a government levy and it is enforceable under applicable tax laws in Kenya as indicated below.
- Trading entities pay corporation tax (as per the Income Tax Act, CAP 486 Laws of Kenya)
- Individuals pay income tax for individuals (as per the Income Tax Act, CAP 470 Laws of Kenya). Individual tax is administered through Pay As You Earn (PAYE).
- Corporations and registered businesses pay Value Added Tax (VAT) on value added to services and goods (as per the Value Added Tax Act No. 35 of 2013).
Ensuring compliance with the legal requirements of the said tax laws reduces risks associated with non compliance to even 100%.
Non compliance with the tax laws is like committing business suicide. The penalties and interests, to say the least, are hefty!
We offer the following tax services:
- Preparation and filing of income tax returns for companies, partnerships and individuals
- Preparation and filing of monthly VAT returns
- Preparation and filing of monthly PAYE returns
- Computing the annual income tax installment payment for companies
- Advise on tax matters.
Complying with tax laws:
- Ensures that penalties and interests associated with defaulting, under-declarations, avoidance are eliminated
- Improves profitability of an entity
- Improves the cash flow position of an entity.
Talk to us for more details.