The taxman’s noose is bound to tighten in tandem with the country’s growing appetite for projects whose funding remains unknown. More pressure will continually be mounted on the revenue collector as a fall back plan to feed this monster called development.
The pressure is indeed insurmountable, since, whenever this topic of development comes to the fore, the immediate comparison is with countries like Singapore who are said to have been in the same page with us 50 years ago. But how they moved from developing to a developed nation, is the puzzle we seek to piece up by playing catch up with the sudden launch of projects which prove burdensome to the taxpayer. Therefore the revenue collector will be casting their nets wider and this couldn’t be a better time to clean up and clean out.
Are your taxes in order?
If not, it would be the best time to reach out to Tax and Accounting Consulting who would not only inform you of your penalties but give you advice as per the Kenyan laws. Having used their services, I would recommend them since they ensure you understand what the law requires of you, they inform you of the penalties you have accrued and how you accrued them.
Perhaps you have been working overseas and you just came back, remember you are not immune to the law, seek to find out what is required of you.
Are you smack dab in this rut? Do not accrue more penalties as the deadline for filing returns is first approaching on 30th June 2018. Contact Tax and Accounting Consulting 0782962310!