Taxes in Kenya
Our goal is to make the tax preparation process as easy as possible for you, while reducing your tax liability through careful planning. Whatever your situation is, we are here to give you the best guidance to help you overcome the obstacles.
Tax solutions in Kenya
We’ve helped local, multinational, and public sector firms overcome challenging challenges, manage change, and expand thanks to our wide experience in Audit and Assurance, Tax, and Advisory services. Our strategy is based on collaboration and creativity to provide substantial, long-term value to our clients.
Tax optimization
With the support of our professional tax consultants, you may maximize tax credits and deductions, reduce risk, boost trust in the compliance process and deliverables, and improve your organization’s financial structure. Based on a significant understanding of industry, legislative, and regulatory changes that affect your organization, our team provides comprehensive, strategic, and integrated tax services adapted to your specific and situational needs.
Tax consultation
Our tax advisors assist people in making informed decisions concerning tax matters. We apply our knowledge to assist customers in complying with tax requirements and maximizing adjustments, deductions, and credits that allow them to keep more of their money.
VAT registration
Every person or company that sells goods or services must register and charge the appropriate VAT rate on each sale.
Bookkeeping
Our skilled bookkeepers will help you maintain your ledger for everything from assets to obligations to equity, all without the cost of a full-time accountant.
Applying for tax return
Our tax experts frequently prepare client tax returns and provide information and guidance to assist clients in completing their tax filings. They answer clients’ questions, help businesses plan for potential tax concerns, and analyze data to ensure that they conform with federal regulations.
Register as a taxpayer
We help customers register with the appropriate tax office in their area and obtain a Taxpayer Identification Number (TIN). Our services are both affordable and efficient.
System of taxes and fees in Kenya
Kenya’s tax system includes income tax, VAT, customs duty, and excise duty. The taxation system is governed by independent legislators. The main legislator, the Kenya Revenue Authority (KRA), has various sections that deal with the aforementioned taxes, as well as the authority to conduct reviews on various companies and corporations.
Tax rates
The table below outlines several common types of taxes along with their corresponding rates.
| Tax | Tax Rate |
|---|---|
| VAT | 16% |
| Corporate income tax | 30% |
| Personal income tax | 10% – 35% |
| Dividend tax | 0% – 15% |
| Capital Gains tax | 15% |
| Property tax | Varies by location |
| Inheritance tax | N/A |
| International tax | 0% – 30% (Corporate Income Tax) |
| Cryptocurrency tax | 3% |
Request bookkeeping solution
The most critical aspect of keeping your business running well is maintaining your finances clean and correct. Our skilled bookkeepers will help you maintain your ledger for everything from assets to obligations to equity, all without the cost of a full-time accountant.
Bookkeeping
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Disclaimer
Tax laws and regulations are continually evolving and can differ depending on individual situations. The information presented here serves as general guidance and may not represent the latest updates. It is strongly advised to seek assistance from a qualified tax professional for specific, detailed, and current advice tailored to your circumstances.