Turnover Tax

3 Articles
Tax
OPINION

Minimum Tax An Idea Worth Pursuing

Businesses are taxed on their profits, and that option still exists provided the tax on profits is more than tax on gross receipts.

Elizabeth Meyo - Commissioner for Domestic Taxes at KRA www.businesstoday.co.ke
ECONOMY

KRA is Coming for You After Today

The tax rate for TOT is 3% on the gross sales/turnover

FEATURED STORY

Experts: KRA on a Wild Goose Chase With Small Businesses Tax

KRA is under pressure to raise Ksh1.8 trillion before the end of the year