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KRA minimum tax is paid by individuals, companies, partnerships, limited partnership, trusts or associations. Persons exempt from paying minimum tax include income exempt under Income Tax Act, Employment income, residential rental income, capital gains, extractive sector business, business whose retail price is controlled by government and insurance business .Minimum Tax income is paid at a rate of 1% of the Gross income or sales.
You do not have to create a business account to submit tax returns for earnings derived from YouTube, blogs, affiliate marketing, etc. All you need is to just submit income returns as an individual at the end of each financial year (June 30th).
You are getting the error “you cannot file NIL Return as you have Employment Income for the return period. Please file return using File Return option” because your there is some PAYE that was submitted by your employer before you lost your job, Therefore, you need file tax income returns for the months you were employed. If your employer submitted taxes they will be automatically populated in the forms.Login to kra itax portalClick returnsThen ITR for Employment IncomeClick Next to the last page.Before you click submit in the last page. Check whether there is any Tax Due or Refund Due. Negative number means the money KRA is supposed to refund you (for example -10,000) and positive number means the tax you are required to pay (for example 10,000).You can as well click on My Ledger to see whether there are any Taxes Deducted (PAYE) that were submitted by your employer for the months that you were employed.
VAT tax rates in Kenya are 16% for all goods and services apart from zero-rated (zero per cent) supplies and 8% to petroleum related products. Zero Rates supplies have been listed in the Second Schedule of the Value Added Tax Act here (https://www.kra.go.ke/images/publications/ValueAddedTax_ActNo35of2013.pdf)
KRA Digital Service Tax (DST) is paid monthly. The due date is on or before 20th day of the following month. For example, you should file for DST before 20th February 2021 for revenue generated from 1st January 2021 to 31st January 2021. Digital Service Tax attracts 1.5% of the gross transaction value and is exclusive of VAT.