VATupdate

Share this post on

Tax Obligations For Kenyan Freelancers

VAT is the tax charged on the supply and importation of goods and services made in Kenya. Currently, the VAT tax rate is 16% for goods and services.

It is important to note that as a freelancer you should NOT register for VAT if your annual sales do not exceed KSh.5 million. You can also voluntarily register for VAT if needed. However, this will add to the overwhelming nature of tax management as you will be expected to file nil VAT returns monthly. Failure to do so will attract a penalty.

Source: techweez.com

Sponsors:

VAT news

Advertisements: