Let us Pay for prosperity of the Country Our Taxes

June is here again

Have you finished paying your taxes one has the option of filing a nil return or getting a p9 and filing some tax return. One can file when they are online at work, at home at the laptop or at a cyber. One can view the method of filing taxes from YouTube where a number of people including KRA have put up videos. It may be the first time or maybe one has filed more than once. There are a number of options when on the KRA PORTAL including getting a PIN number and a PIN certificate.

PAYE DEADLINE

The deadline for filing Pay as you earn is usually the 9th of every month. Some organization manage to pay their taxes religiously whilst some individuals wait for the June deadline. Kenya needs more people who are ready to pay taxes to Kenya Revenue Authority. Kenya is a middle income Country and this means more people are able to pay taxes.

PAYROLL is the amount of money an organization pays it's staff at the end of every month. It can also be termed as salary or remuneration. For some it can also be wages for the service individuals offer an organization.

JUNE 30th deadline

The deadline for paying taxes in Kenya

As the deadline counts down to end month and taxes payment many people are getting to the portal to pay their dues to the government. There are different brackets depends on how much one earns every month. The more you earn the more taxes you pay to the government.

TAX PENALTIES of Shs. 2000 in case one does not file their taxes.

SELF ASSESSMENT

KRA PIN and PAY BILL are important when it comes to paying taxes. The paybill is 572572.

TYPES OF TAXES are different and include VAT, income tax, corporation tax and tax on rentals. Various income streams are also taxed and include rentals and business income.

Tulipe ushuru tujitegemee

Other sources of Government Revenue from fiscal and monetary policy include grants and loans.