KRA has over the last few years made significant strides in transforming its processes and adapting technology to facilitate taxpayers and enhance tax compliance. KRA has recently launched a new mobile application, the KRA Mservice App, to make it more convenient for business owners to file and pay their taxes. Turnover Tax is charged at the rate of 1 per cent on gross sales. The due date for filing and paying of Monthly Rental Income (MRI) is on or before the 20th of every month. How to use KRA MService to file and pay your Turnover TaxGo to the MService App Log in using your MService app credentials (not iTax), register if you are a first-time user of the app On the app, home menu select Tax returns Select Turnover Fill in the details, month and monthly sales.

Source: The Star September 24, 2020 19:52 UTC