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...
A Poll conducted by pew research centre in 2012 revealed that Two-thirds of young adults and those with higher income were smartphone owners.Think of it,that means that the vast majority of that fraction are frequent mobile app users. This has seen app developers come up with wide variety of apps that suit our daily niches and the outcome has been these apps in the marketplace being increasingly integrated into our everyday lives.We now have apps to track how many calories we eat in a day,apps that help you figure out what to make for breakfast,road safety app, cheating apps e.t.c Despite having benefits,there are some apps that may just be harmful to you like this app that may acts as a safe haven for serial killers .Now onto the main story,Here are 5 apps that will help you get closer to accomplishing your 2020 goals; Headspace is an app that will provide you with easy min...
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