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How to Pay KRA Penalties After Missing the Deadline
The Kenya Revenue Authority (KRA) requires all taxpayers to file their tax returns by June 30 every year. However, missing this deadline comes with consequences, as KRA automatically charges penalties ...
Kenya Revenue Authority (KRA) announced changes to the deadline for the filing of tax returns KRA also waived the penalties and interest charged on late filing of tax returns for the period between ...
If the turnover threshold or limit for registration for VAT had been adjusted for inflation annually since the last increase in 2009, it would now be around R2.1 million. Instead, it has not been ...
Every year, the world’s democracy scoreboards ping us: in East Africa, one day Kenya leads, the next Tanzania edges ahead.
Income Tax Return Filing 2025: Joint accounts are regular bank accounts that are opened by two people jointly who can enjoy equal benefits when it comes to deposits and withdrawals — including income ...
ITR mistakes happen — here’s how to fix them with a revised return under Sec 139(5). Last date for revised ITR this year: December 31, 2025 (if original was filed on time). Got your refund? You can ...
Missed the ITR filing deadline Don't worry, there is still a chance. The ITR-U lets you fix errors or report income you forgot. File within four years, but remember there is an extra tax. Some changes ...
On Thursday, August 21, the parliament passed a bill to ban online games played with money. The sudden ban has shocked the investors as well as online gaming startup founders. As the ‘Promotion and ...
Image for illustration purposes only. Photo: SARS. Filing your tax return should be easy. The South African Revenue Service (SARS) is committed to simplifying the tax-filing process for both ...
ITR Filing: As the deadline to file income tax returns nears, taxpayers must remain cautious to avoid inaccuracies, which may cause delays or even penalties. From selecting the applicable tax regime ...
Benjamin Franklin coined the saying, “In this world, nothing is certain but death and taxes.” But what about when death and taxes coincide, such as when someone dies during the year and has a tax ...
Non-Resident Indians have to be taxed in India on capital gains on income from Indian assets, i.e., units of a mutual fund. Whether the gains are long-term or short-term depends on the tenure of ...
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