Navigating the intricate landscape of Kenya’s tax regulations can be a daunting task for individuals and businesses alike. The literal meaning of Tax is that it is a mandatory financial charge or levy imposed on an individual or legal entity by the Government. Tax is however given different legal meaning according to the specific Tax Act.
For Individuals and legal entities to achieve Tax Compliance, Tax advice and Tax planning are of great importance in ensuring that the tax burden is no higher than it should be. The growing complexity of tax regimes and constant changes to tax laws makes it almost impossible for any individual to keep pace with the evolving world of both local and international taxation.
We specialize in providing tailored solutions that simplify and optimize your tax compliance processes. Our suite of services is designed to address a wide range of needs, ensuring you remain compliant with the Kenya Revenue Authority (KRA) while maximizing your financial efficiency. Our main role as tax consultants is to check and ensure that you are paying only the taxes that you are supposed to; no more no less and that you keep abreast with the ever changing tax laws and provisions.
We also provide bespoke, tailored and robust tax planning advice with the range of services provided by our tax division includes:
Our vast experience in this field has enabled us to deal with the tax affairs of corporate as well as individuals in various industries and sectors. We offer due diligence on client tax status for the company and Directors as regards KRA.
Tax health check is a methodological approach that we adopt in reviewing financial transactions with an objective of advising on the nature and extent of the exposure of organizations as regards to tax liabilities. In the review, we highlight areas that organizations can confront in a bid to minimize on tax liabilities and formulate a formidable tax plan that minimizes on tax risks and maximizes on tax opportunities.
Effective tax advice and planning that is tailored to the businesses needs and realities can help organizations adapt to all of the environments in which they operate, respond quickly to changes, mitigate risks and even gain a competitive edge.
Business tax costs can be excessive and often place a burden on profits and capital. However, enterprises can often reorganize their operations to enhance tax benefits.
We have entered into various collaborations and associations with consultants and organization all over the world. With such kind of arrangements, we are able to provide real-time and accurate advice of tax matters in jurisdiction all over the world.
- KRA PIN Registration: We assist individuals and businesses in obtaining their Personal Identification Numbers (PINs), a crucial step for engaging in any taxable activities in Kenya.
- Non Kenyan Non Resident KRA PIN Certificate application
VAT Registration: Our team helps businesses register for Value Added Tax (VAT), ensuring compliance with KRA requirements and facilitating seamless operations. - Deregistration: When you need to close or suspend your business, we manage the deregistration process, ensuring all tax obligations are settled.
- Audit Support: In the event of a KRA audit, we provide end-to-end support, from preparing necessary documentation to representing you in discussions with KRA officials.
- Dispute Resolution: Our legal experts are skilled in handling tax disputes, negotiating settlements, and representing clients in tax tribunals and courts.
From the year 1992 to 2014, the Domestic Taxes Department (DTD) operated the Legacy Tax System, which was semi-automated. In this system, taxpayers’ accounts were created and PINs issued. Taxpayers were required to manually file and submit their returns for capturing in the System by Kenya Revenue Authority Officers.
All payments were manually captured upon submission of the tax return and pay-in slip to the KRA. The captured details for both tax returns and payments were maintained in the taxpayer’s ledger.
While operating these tax systems, the taxpayers maintained their filing and payment records concurrently. From August 2015, all taxpayers were on boarded into iTax which was an online system. Taxpayers could now file their returns independently and have sight of any updates in their profiles real time.
To have visibility of all the debts and taxpayer ledgers including those in the Legacy System, migration of Legacy ledger balances to the iTax system was necessary. Having successfully migrated the Legacy System data, the KRA is granting taxpayers an opportunity up to 31st December 2024 to review the migrated ledger balances and provide feedback.
We offer validation support on the legacy migrated balances.
For individuals and businesses involved in real estate, we provide specialized tax advisory services, covering capital gains tax, rental income tax, and property transfer taxes.
- Objection to a Tax Decision
- Acting as tax agents for submission of tax returns, as well as attending to routine queries from tax authorities.
- Registering with tax authorities and assisting in dealing with income tax, value added tax and pay as you earn audits and investigations.
- VAT Audit and facilitation of refunds where applicable.
- Assisting in getting tax exemption status for qualifying clients.
- VAT refund claims
- Obtaining Tax Residence Certificate
- E-Tims application
- Fringe benefit tax, For the purpose of Section 12B of the Income Tax Act
- Deemed interest rate, For purposes of Section 16(2)(ja) of the Income Tax Act
- Low interest benefit For purposes of section 5(2A) of the Income Tax Act
Team Members
Jillian Ndirangu,
Partner
