Browsed by
Tag: Tax

TAX: TAXATION FOR MSE’s

TAX: TAXATION FOR MSE’s

The term micro and small enterprises (MSEs) or micro, small and medium enterprises (MSMEs), is used to refer to SMEs in Kenya. Under the Micro and Small Enterprise Act of 2012, micro-enterprises have a maximum annual turnover of KES 500,000 and employ less than 10 people. Small enterprises have between KES 500,00 and 5 million annual turnover and employ 10-49 people. Medium enterprises are not covered under the act but have been reported as comprising of enterprises with a turnover…

Read More Read More

KNOW YOUR TAXES:Taxation and the Basics.

KNOW YOUR TAXES:Taxation and the Basics.

  Preparation is key to achieving success and this is no less true when tax matters are concerned. We discuss below the fundamentals to consider when preparing for tax season this year.  Why manage your taxes? How you manage your taxes can either make or break your business. It is critical to ensure that you prioritize tax matters in your business because a battle with Kenya Revenue Authority (KRA) over unpaid taxes is never a pleasant one. Most business operations…

Read More Read More

Please wait...

Subscribe to our blog

Want to be notified when our article is published? Enter your email address and name below to be the first to know.