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Sunday Nation on MSNMore trouble for Chinese tycoon barred by KRA from leaving KenyaA Chinese businessman barred by Kenya Revenue Authority (KRA) from leaving the country since 2022 over alleged tax arrears of Sh83.5 million has lost a bid to overturn the travel ban.Businessman Cai ...
The government’s focus on those who file nil tax returns stems from concerns that individuals reporting no income may have undisclosed economic activity. KRA aims to address this by using PIN ...
KRA also said businesses that file nil or no returns would have their PINs rendered inactive - which could prove costly for the enterprises as it would mean they are not tax-compliant. Many would ...
(Pixabay) I have never filed my ITR, as my tax liability has been nil. Now ... not make difference as my tax return is zero). Also, for what years, should I file the tax return, I mean for ...
To benefit from this change, individuals only need to file their Income Tax Return (ITR ... Now he will be required to pay nil tax on such income. 2. Whether the limit of total income for ...
one cannot file if there is a nil return or a return of loss. 1) Nil return or a return of a loss 2) Has the effect of decreasing the total tax liability determined based on return furnished for ...
The individual has never filed an ITR due to nil tax liability but now needs to for a home loan. They plan to file online, ...
monthly rental income and turnover tax by streamlining return filing and simplifying payment processes for improved accuracy and operational efficiency within tax administration,” KRA says in ...
While there has been a significant increase in compliance over the years, most of the increased numbers comprise people who file nil returns. The actual taxpayers in the economy are only about 1.6 ...
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