The video has been very useful. After days of struggling with filing withholding tax returns, this video was clear to the point and it saved my time. Thank you. I was happy that my returns were success.
Great video. I'm an Online worker and the Employer withholds 5% and remits to KRA. Can I use the video above to file my annual tax? Then since KRA from 2024 will require ETR receipts, will the legal expense 5.13 require a receipt?
I wish you would move from "Si mimi ndio nakushow" and explain why we're doing some things. For instance, why are you multiplying your tax figure with 20? And why are we LESSing it in 5.13 (Legal Expenses) and multiplying with 3.33? And finally is your explanation unique ONLY to KNEC Examiners? What about consultants and those who've received their dividends or royalty?
For the "multiplying by 20" part... I understand because withholding of consultancy payments is done at 5%. Hapo kwa 3.33 and the balance sheet is where I draw the line. 😅
the 1,830/- is 5% witholding tax, so to get 100% ( which is the commissioned earned thats taxable),you divide it by 5 and multiply by 100 ,which is 100/5 = 20.
Thanks bro this was very helpful.👍 Quick question, mtu akiwa na several withholding tax certificates for the same period/year, do you work with the total amount ama you do each individually?
There are a time when if you fill the value of personal relief, you get a notification that you should fill a value less than 13944,,,what could be the problem?
Hello Mirriam, This instance occurs when the employer gives a relief that is more than the individual's tax bracket. In this event, the employee owes KRA the excess amount. This will be shown in the last tab when you are validating.
After clicking on yes on this question "do you have any other income other than Employment income" my excel isn't adding the other columns. What might be the problem
