Resolved1 update
Expert explains how turnover tax will kill businesses
Story-level discussion
Start here
James Mburu, KRA Commissioner General According to Kenya Revenue Authority (KRA), a Turnover Tax (TOT) is a tax payable by small businesses whose gross sales does not exceed or is not expected to exceed Kshs. 5 million per year. It is payable on monthly basis at the rate of 3% on the gross sales by the 20th day of th
What happened
James Mburu, KRA Commissioner General According to Kenya Revenue Authority (KRA), a Turnover Tax (TOT) is a tax payable by small businesses whose gross sales does not exceed or is not expected to exceed Kshs. 5 million per year. It is payable on monthly basis at the rate of 3% on the gross sales by the 20th day of th
No updates yet on this story. Use the composer above to add the first node.