If you run a business, determining when goods you have supplied are subject to VAT is complex and time consuming. In addition, the Kenya Revenue Authority requires you to withhold VAT at source if appointed as VAT Withholding agent. This is charged on eligible goods supplied or services provided in Kenya and on importation of taxable goods or services into Kenya. VAT is collected by registered persons at designated points who then remitted to the KRA. To ensure that your business is VAT compliant, we’ll support you to:-
- Submit monthly VAT returns online on iTAX.
- Submit a NIL return where no VAT to be declared.
- Generate an E-slip that will be used to make physical payments of the tax due.