Insights

KEROCHE INDUSTRIES LIMITED vs THE KENYA REVENUE AUTHORITY

  • February 13, 2024
Insights

Guidelines For Returning Residents

  • December 8, 2023
Insights

THE UNFAIR PROPOSED AMENDMENT TO SECTION 32 OF THE TAX APPEALS TRIBUNAL ACT

  • June 13, 2023
Insights

KEROCHE INDUSTRIES LIMITED vs THE KENYA REVENUE AUTHORITY

BACKGROUND OF THE TAX DISPUTE Keroche Industries applied for a licence to the Customs Department to manufacture wines between on or about 1996-1997 and a licence was granted which licence classified the Applicants products under Tariff Heading 22.04. KRA’s CASE The KRA in their case, state that the licence granted to Keroche Breweries did not […]

KEROCHE INDUSTRIES LIMITED vs THE KENYA REVENUE AUTHORITY Read More »

BACKGROUND OF THE TAX DISPUTE Keroche Industries applied for a licence to the Customs Department to manufacture wines between on or about 1996-1997 and a licence was granted which licence classified the Applicants products under Tariff Heading 22.04. KRA’s CASE The KRA in their case, state that the licence granted to Keroche Breweries did not

Insights

THE UNFAIR PROPOSED AMENDMENT TO SECTION 32 OF THE TAX APPEALS TRIBUNAL ACT

THE UNFAIR PROPOSED AMENDMENT TO SECTION 32 OF THE TAX APPEALS TRIBUNAL ACT The Finance Bill 2023, proposes to amend the Tax Appeals Tribunal Act, 2013 introducing a requirement for taxpayers to deposit with the Commissioner 20% of the tax in dispute or security equivalent to 20% of the disputed tax before they file an

THE UNFAIR PROPOSED AMENDMENT TO SECTION 32 OF THE TAX APPEALS TRIBUNAL ACT Read More »

THE UNFAIR PROPOSED AMENDMENT TO SECTION 32 OF THE TAX APPEALS TRIBUNAL ACT The Finance Bill 2023, proposes to amend the Tax Appeals Tribunal Act, 2013 introducing a requirement for taxpayers to deposit with the Commissioner 20% of the tax in dispute or security equivalent to 20% of the disputed tax before they file an

Insights

Record Keeping For Tax Purposes

Keeping accurate records is one definite way of tax planning and remaining compliant to the tax laws. Unfortunately, it calls for discipline and investment in time and resources. However the benefits outweighs the cost. The seriousness of the matter becomes more vivid in case of a tax assessment by tax authorities In March 2020, The High

Record Keeping For Tax Purposes Read More »

Keeping accurate records is one definite way of tax planning and remaining compliant to the tax laws. Unfortunately, it calls for discipline and investment in time and resources. However the benefits outweighs the cost. The seriousness of the matter becomes more vivid in case of a tax assessment by tax authorities In March 2020, The High

Discussion

Minimum Tax Explained

KRA has introduced a minimum tax regime, effective 01.01.2021 with minimum tax payable at 1% of gross turnover (Sales) regardless of whether or not they make any profits.The minimum tax will not be applicable to exempt income, employment income, residential rental income, capital gains, and persons undertaking mining or upstream oil and gas activities and

Minimum Tax Explained Read More »

KRA has introduced a minimum tax regime, effective 01.01.2021 with minimum tax payable at 1% of gross turnover (Sales) regardless of whether or not they make any profits.The minimum tax will not be applicable to exempt income, employment income, residential rental income, capital gains, and persons undertaking mining or upstream oil and gas activities and

Insights

Why a Tax Invoice is Not Enough Proof In VAA Disputes

The Tax Appeals Tribunal on 22nd October 2020 ruled that it is not enough for a taxpayer to provide a tax invoice in order to claim input VAT. Tax invoice is among the documents listed in Section 17 of the VAT Act 2013 in Kenya. In the ruling that upheld the Kenya Revenue Authority’s (KRA)

Why a Tax Invoice is Not Enough Proof In VAA Disputes Read More »

The Tax Appeals Tribunal on 22nd October 2020 ruled that it is not enough for a taxpayer to provide a tax invoice in order to claim input VAT. Tax invoice is among the documents listed in Section 17 of the VAT Act 2013 in Kenya. In the ruling that upheld the Kenya Revenue Authority’s (KRA)

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