Comments to answers

This is rather a broad question. But I will try to provide the answers for all tax obligations that are common to all taxpayers. You are advised to rely only on the information that relates the tax obligations that have been specifically assigned to you. You need to obtain the information from your PIN certificate for the tax obligations.

Income Tax Residential: The Returns are filled once a year. The accounting period starts in January and ends in December. The return is filled in the following year and the deadline is the last day of June.

Income Tax Rental. Applicable to all those who own residential rental properties. The maximum rent collected by these individuals must be greater than the lowest tax band and less than Kshs. 10,000,000 per year. The return is filled on monthly basis.

VAT: This is mainly done by those traders who supply taxable goods and services. The returns are filed monthly. A taxpayer before charging VAT must register for the VAT obligation either compulsorily or voluntarily in accordance with Section 34 of the VAT Act 2013.

Excise Duty: This is applicable for local manufacturers, Service providers for those whose services attract excise Duty like the Banks. The Tax returns are also filled Monthly. One must register for the Tax obligation before accounting for that tax.

Turnover Tax: Section 12C of the Income Tax Act imposes the Turnover Tax. This is filled on Quarterly Basis.