In Kenya, several people have invested in the real estate sector, mostly in rental houses rented out for occupation or carrying out business. Rental activity as a business is included in the Income-tax regime. In this article, we will discuss the rental income tax regime in Kenya that was introduced…
In the recent past, the government has been on a drive to raise more money through taxation. Kenya Revenue Authority the body tasted with the collection of taxes in Kenya has been doing an audit by reviewing filed taxpayers' tax returns records. Where the taxman finds inconsistencies with the filed…