Are you aware of the changes under the income tax bill?
Member’s clubs and trade associations
Member’s clubs and trade associations will be deemed as carrying on business and will be subjected to tax on all income they receive including entrance fees and subscriptions by members.
To read more changes proposed by the income tax bill, see this link.
Are you aware of the tax amnesty for foreign income?
June 30th is the deadline for tax payers with foreign sourced income for which tax has not been paid in Kenya. To find out more about this amnesty, download the document below.
Are you unsure about your obligation to file a tax return or pay income tax?
Individuals that are resident in Kenya are taxed on their worldwide income while individuals that are not resident in Kenya are taxed only on Kenya sourced income. Double Tax Treaties allow residents of some countries to face less taxation and avoid double taxation in certain instances. If you are unsure about your duty or obligation to file an income tax return or pay tax in Kenya, contact the Mazars Kenya tax team.