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Land Rights in Kenya: Land Rates and Taxes.

  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 dut...
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Dangerous Island

IN SUMMARY
• rise of the venomous golden lancehead snakes in the now proclaimed island of death
•Nobody is allowed to be near or even visit the dreaded island with the exception of scientists who now live in a lighthouse
•It's alleged that the former inhabitants of the lighthouse were killed by the venomous lanceheads

•According to Epic Wildlife, Well about 11,000 years ago the island was once attached to the mainland, that was until the sea levels began to rise separating it from the coast.
  With very few predators around, the snakes on the island were able to quickly multiply and continuously evolve, leading to them having the
super venom they have today.
No human is allowed to visit, with the exception of a few scientists given permission to study the
snakes

  According to a former  Zoologist ,"
I've been there once, for 30 minutes, saw God knows how many snakes, then got back in the boat and left XD
I was with a zoologist and a team, I had to stay with the boat and make
sure no snakes got on it. I had to use a flame torch to ward of any curious
snakes...they didn't like it "

  DEAL OF THE DAY : Use promo code LIF and get 30% discount

 WATCH THE VIDEO 

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Land Rights in Kenya: Land Rates and Taxes.

  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 dut...
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