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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 PAYE tax system was introduced in Barbados in 1957 which allowed employees to have their income tax be paid on the behalf of their employers by deducting the amount from their wage/salary. Every employer who has employees earning more than $481 per week or $2,083 per month is required to register as an employer with the Barbados Revenue ...
Tax withholding, also known as tax retention, pay-as-you-earn tax or tax deduction at source, is income tax paid to the government by the payer of the income rather than by the recipient of the income. The tax is thus withheld or deducted from the income due to the recipient. In most jurisdictions, tax withholding applies to employment income.
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The app gives M-PESA users a historical view of all their transactions. Many other companies business models rely on the M-PESA system in Kenya, such as M-kopa and Sportpesa. [35] On 23 February 2018, it was reported that the Google Play store started taking payments for apps via Kenya's M-PESA service. [36]
Doritos comes in flavors that run the gamut from Cool Ranch to Flamin’ Hot Limon. At Super Bowl LIX, however, executives behind the popular chip will focus on a classic recipe. Frito-Lay, the ...
Interactive maps, databases and real-time graphics from The Huffington Post
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