YOUR TAX RETURNS BEFORE IT’S LATE

Kenya Revenue Authority has a target of KSH 1.44 Trillion and you could be on their radar if you don’t do the necessary – file your returns on time. Only 2.4 million workers and businesses filled their returns last year and this year, the authority is determined to ensure more compliance and crank their whip on those who try to evade tax.

Remember the deadline for filling last year’s returns is on 30^th June. So, get  your P9 form from your employer if you are salaried and use it to file your returns. If you are self-employed, it is very important that you declare your income and pay your tax accordingly.

Last year, the penalties for not filling returns were increased from 1,000 kenya Shillings to 20,000 kenya Shillings and the authority is working on enforcement modalities to catch up with those who haven’t been complying.

If you earn anything between Ksh. 0 to KSh11,135 per month can now file nil returns, you can file nil returns but remember that the authority will be checking your pin to ensure you haven’t been involved in taxable activities. 

If you really want to be on the safe side, never take chances. It’s equally dangerous to rely on unskilled cyber café attendants who have little or no knowledge at all about filling returns and rather rush through the process without checking all details.

Always get somebody who can advise you about different types of returns, obligations under your pin and how to do them right.

For More Information- Contact Sillagy Consultants +254722-140-145