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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.

Corporate income tax

The Corporate Income Tax Rate in Kenya is a tax levied on businesses. Its value is calculated by the net income that companies achieve while operating, usually for a single fiscal year. The Corporate Tax Rate generates a significant amount of revenue for Kenya’s government.

The rate stands at 30 percent.

Personal income tax

The Personal Income Tax Rate (PITR) is a tax imposed on many types of income in Kenya, including labor, pensions, interest, and dividends. The Personal Income Tax Rate generates a significant amount of revenue for Kenya’s government.

The rate is 30 percent.

Sales tax

The sales tax rate in Kenya is a tax levied on consumers depending on the cost of various goods and services. The Kenyan government relies heavily on sales tax revenue to fund its operations.

The rate stands at 16 percent.

Excise duty

The 2019 Finance Act imposed a 20% excise levy on monies wagered or staked in betting activities. Furthermore, the Betting, Lotteries, and Gaming Act impose a 15 percent additional turnover tax on lottery and gaming. 

Sales tax

Residents are taxed on their worldwide earned income, whether they work or provide services in Kenya or elsewhere. Residents are also subject to taxation on any other income earned in or derived from Kenya. Non-resident employees are only subject to taxation on the income generated in Kenya or derived from Kenya.

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

We have helped local, international and public sector companies overcome challenges, manage change and expand.

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