Tax Calendar

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Individual Income

Tax

This is a tax on all incomes of an individual that is deemed to have been accrued or derived from Kenya. Monthly personal relief of Ksh 1162 Or 13944 is allowable.

This tax is paid in installments and the balance paid on or before 20th of April of the following year. Returns are filed on or before 30th June.

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Pay As You Earn

(PAYE)

PAYE is a method of collecting tax at source from individuals in gainful employment. Any payment for temporary or casual employment are subject to this method of tax recovery after personal relief of ksh 1,162 pm.

Returns are filed by employer and tax payable monthly on or before the 9th Day of the following month.

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Presumptive

TAX

This is a tax payable by a resident person whose turnover from business does not exceed Kshs. 5 million during a year of income.The rate of presumptive tax shall be amount equal to 15% of the amount payable for a business permit or trade license issued by a County Government. This shall be a final tax.The due date for payment of the tax shall be at the time of payment for the business permit or trade license or renewal of the same.

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Value Added Tax

(VAT)

VAT is a consumer tax levied on taxable goods and services supplied in Kenya or imported into Kenya. Returns are filed and tax payable on or before the 20th of the following month.

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Withholding Value Added Tax

(WVAT)

This is tax deducted by appointed Withholding Tax Agent from their suppliers at 6%, at the point of payment. The deducted tax is remitted on or before the 20th day of the following month.

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Residential Rental Income

Tax

This is a tax charged on residential property owners at 10% of gross rent received that is not less than Ksh 144,000 and not more than Ksh 10,000,000 per year. Returns are filled and tax payable on or before the 20th of the following month.

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Withholding Income

Tax

This is a method whereby the payer of certain incomes deducts tax at source from payments due to certain payees. Income subject to this tax include payments for management and consultancy services, dividends, among others. It is deducted and remitted on or before the 20th day of the following month.

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Corporation

Tax

Corporation tax is levied on corporate bodies such as Limited Liability Companies, Trusts, and Co-operatives. Resident Companies are taxed at a rate of 30% while Non-resident Companies are taxed at the rate of 37.5%.

This tax is payable in installments and balance paid on or before the 20th day of the 4th month following the end of accounting period. Returns are filed on or before the end of the 6th month following the end of accounting period.