Payment of Income tax due for the year within the accounting period in full or instalments. Four equal instalments are made during the year of income based on 110% of last years tax liability.
Instalment tax is not payable where:
-
- emoluments have been subjected to PAYE deductions
- tax due for any corporate taxpayer is not more than Sh.40,000 p.a.
- Instalment tax is payable on the following dates:
- 20th of the 4th month
- 20th day of the 6th month
- 20th day of the 9th month
- 20th day of the 12th month
Agricultural income:
-
- 20th day of the 9th month
- 20th day of the 12th month.
- 20th day of the 9th month
Balance of tax due is payable at end of the 4th month of the year following the accounting date of the year
of income.
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