in 2015 having been suspended in 1985. CGT is charged at the rate of 5% of the gain. There are various exemptions on CGT provided under the ITA. The tax on rental income is a tax arising from the gains and profits for occupation of property. The ITA provides for various ways of taxing rental income; Where the rent is payable to a non-resident, the tenant is required to withhold 30% of the rent and remit it to the Kenya Revenue Authority. The tax withheld is a final tax. Where the rent is payable to a resident, if the property is commercial, the tenant being an appointed agent, is required to withhold 10 % of the rent. The tax withheld is not a final tax and the landlord is required to file their income tax in the usual way. Where the rent is payable to a resident and the property is residential, the landlord may opt to either pay a monthly rental income tax, computed at 10 % of the gross rent a (final tax) or pay the instalment tax and final income tax in the usual way. Stamp duty-
* ADMIN/ACCOUNTANT VACANCY * *For an Agricultural Farm in Ngushishi-TIMAU-MERU COUNTY* Skills Geographic is a Regional Staff Recruitment Company. Our client is an *Agricultural Farm located in Ngushishi- Timau Meru County*.They would like to *urgently* recruit for a position of Admin/Accountant . * DUTIES * .Book keeping .Maintenance of casual wages .Payroll Administration .Monthly stock taking .processing sales .preparing payment to suppliers . *Oversee office administration in general*. * QUALIFICATIONS * .O level certificate of Education mean grade C or higher grade .At least CPA part 2 .At least 3 years relevant working experience as an Accountant but also performing general office administration duties in a Farm. *.Expected salary kshs 30,000- 40,000* .For DETAILED job profile and MANY other available jobs, visit our website; * www.skillsgeographic.com * .Urgently email cv to; * recruit@skillsgeographic.com *. We normally evaluate and shortlist cvs