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-
Is etherium the future of crypto? KEY POINTS The value of Etherum's token has spiked over the past few years. New markets are being created using the Ethereum blockchain. The Ethereum community is both large and fast-growing. The popularity of the Ethereum blockchain should drive up its crypto token's value for years to come. There are a few good reasons why Bitcoin ( BTC 1.01% ) gets a lot of attention from crypto investors. For one thing, it was the first cryptocurrency. And second, its value has reached meteoric highs, with a gain of more than 300% over the past year. Finding the next Bitcoin has become the primary focus for some crypto investors, and for them, I propose that they turn their attention to Ethereum ( ETH -1.23% ). There's no guarantee that Ethereum will reach the same value as Bitcoin, of course, but there are several important reasons why this crypto and its underlying technology could make it just as critical to the crypto space as Bitcoin -- if not mor