Turnover tax applies to resident businesses with annual gross sales of between KES 1 million and KES 25 million. Enter your sales to see whether it applies to you and how much you would file each month. It is charged on gross sales, with no deduction for expenses.
Currently 3% of gross sales. Editable, since the rate changes with Finance Acts.
Charged on gross monthly sales, with no deduction for expenses. The rate has changed with recent Finance Acts, so confirm it before filing.
Applies to resident businesses with annual gross turnover of at least 1 million and not more than 25 million shillings.
Turnover tax returns are filed and paid by the 20th of the following month, and can be paid through mobile money.
Once vatable supplies pass 5 million in twelve months you must also register for VAT, while remaining on turnover tax.
Businesses under 1 million annual turnover are not required to pay turnover tax, but still file income tax returns.
You may write to the Commissioner to be taxed under standard income tax rules instead, where that is more favourable.