Jul 1, 2025 · (1) Subject to, and in accordance with, this Act, a tax to be known as income tax shall be charged for each year of income upon all the income of a person, whether resident or non-resident, …

"year of income" means the period of twelve months commencing on 1st January in any year and ending on 31st December in that year.

Subject to, and in accordance with, this Act, a tax to be known as income tax shall be charged for each year of income upon all the income of a person, whether resident or non-resident, which accrued in …

While all reasonable care has been taken in the preparation and updating of this Act, Ernst & Young LLP (EY), accepts no responsibility for any errors it may contain, whether caused by negligence or …

Dec 23, 2025 · A company has discretion to determine its financial year-end, provided it is a 12-month period. However, any changes in this must be approved by the Commissioner of the KRA.

2012] Income Tax debts so incurred to the extent that they are estimated to the satisfaction of the Commissioner to have become bad, during such year of income and the Commissioner may …

1 This Act may be cited as the Income Tax Act and shall subject to the Sixth Schedule, come into operation on 1st January, 1974, and apply to assessments for the year of income 1974 and …

The amendment offers clarity on the procedure to be followed by Trustees for the recovery of unremitted contributions, interests and penalties from a defaulting employer which was previous not stipulated …

(1) A foreign exchange gain or loss realized on or after the 1st January, 1989 in a business carried on in Kenya shall be taken into account as a trading receipt or deductible expenses in computing the gains …

(1) A foreign exchange gain or loss realized on or after 1st January, 1989 in a business carried on in Kenya shall be taken into account as a trading receipt or deductible expenses in computing the gains …