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VAT RATES. There are two (2) tax rates:- 16% (General rate) – this rate applies to all taxable goods and taxable services other than zero-rated supplies. 0% (Zero-rate) – this rate applies to specific supplies listed in the Second Schedule to the VAT Act, 2013.
Rates There are two (2) rates of VAT; • 16% (general rate) - this is applicable to all taxable goods and taxable services other than zero rated supplies. • 8% - this is applicable to goods listed in Section B (1) of the First Schedule of the VAT Act 2013.
VALUE ADDED TAX ACT. NO. 35 OF 2013. REVISED EDITION, 2021. Notes: (1) This edition- includes the amendments contained in the Finance Act 2021 of 30th June, 2021. has been prepared using the Value Added Tax Act, Revised Edition 2020.
9 wrz 2023 · In this comprehensive guide, we will explore the key aspects of VAT in Kenya, covering what VAT is, how to calculate it, who should register, VAT rates, registration processes, filing returns, input tax credits, penalties, and more. Let's dive in and demystify VAT for you.
This is an act of parliament to impose a tax to be known as value added tax on goods delivered in, or imported into, Kenya; and on certain services supplied in Kenya and for connected purposes. This act is enacted by the Parliament of Kenya.
VAT in Kenya is chargeable on: taxable supplies of goods or services made by a registered person in Kenya; and the importation of taxable goods and services. There are three VAT rates applicable in Kenya: zero rate (0%) special rate of 8% applicable to the supply of petroleum products (effective 2 September 2018) standard rate of 16%.
Notes: (1) This edition- (a) includes the amendments contained in the Statute Law (Miscellaneous Amendments) Act, 2024 of 25th April, 2024. (b) has been prepared using the Value Added Tax Act, Cap. 476, Revised Edition 2023.
