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Month: April 2022

Installment Taxes in Kenya: What you need to know

Posted on April 18, 2022 By Steve Optima No Comments on Installment Taxes in Kenya: What you need to know
Installment Taxes in Kenya: What you need to know

Installment tax is an estimated income tax paid to KRA in advance and in anticipation of tax payable for the year of income. Installment tax is paid in four installments. A projection of the income tax payable is done at the beginning of the financial year based on prior years’ tax paid or current year’s…

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