Tax Obligations | Due By | Penalties |
---|---|---|
Exempted from tax if 75% or more of their income is from members | ||
PAYE for Employees | 9th of the following Month | Penalty on late filing: 25% of the tax due or Kshs. 10,000. Penalty on late payment: 5% of the tax due and a late payment of 1% per month |
VAT unless dealing with exempt supplies or Annual turnover Less than Sh. 5M | 20th Day of the following month | 5% of the tax due or Sh. 10,000 |
Withholding tax on Services –check WHT rates | 20th Day of the following month | Failure to deduct 10% of the tax. Late payment 5% of tax or Sh. 20,000 |