Ad
related to: land and property vat notice download in kenya
Search results
Results From The WOW.Com Content Network
Kenya's taxation system covers income tax, value-added tax, customs and excise duty.The regulations are governed by independent legislators that govern the taxation system, the main legislator, the Kenya Revenue Authority (KRA) has different sections that deal with the above taxes while also having the authority to undertake reviews on various companies and corporations.
To increase tax compliance percentages and encourage more people to file their taxes, the Kenya Revenue Authority has an elaborate online portal [3] that allows citizens to log in and either file tax returns, check their penalties [4] or apply for a certificate of tax compliance. This is in line with the Kenyan government's efforts to automate ...
The land property tax, called "territorial tax" or "contribution", is an annual amount paid quarterly by the property's owner. It is determined as a percentage of the property's "fiscal value", which is calculated by the Internal Revenue Service, based on the property's land and built area, construction materials, age, and use.
Upon detailed review of land-related laws in Kenya, official reports concerning the land issue by government and non-government bodies, documents and records submitted by ministries and public bodies, and reports and memoranda by professional associations and members of the public, the Commission categorised its findings [3] according to three broad types of public land:
Notices required to be published by law or policy Announcements for general public information "Gazetted officers," which are public administrators and official subject-matter experts who may use government letterheads , process government documents or work outside the civil service through a special license.
The National Land Commission of Kenya is an independent government commission whose establishment was provided for by the Constitution of Kenya to, amongst other things, manage public land on behalf of the national and county governments, initiate investigations into present or historical land injustices and recommend appropriate redress, and monitor and have oversight responsibilities over ...
Real estate or realty is the combination of land and improvements to the land. Property taxes are usually charged on a recurrent basis (e.g., yearly). A common type of property tax is an annual charge on the ownership of real estate, where the tax base is the estimated value of the property.
VAT Information Exchange System (uses data from national registers operated by the member states) - taxpayers who obtained registration allowing to perform intra-community supply transactions; not mandatory for VAT-exempt entities involved in intra-community supply transactions of low worth in the given year, unless they do not perform services ...