For those who have filed their 2020 company income tax returns, have you paid corporate tax at 25% or 30%? The deadline to pay is 30th April yet KRA has not amended the i-Tax to reflect this… How do we go round this and avoid paying penalties and interest for not filing and paying before then? I am avoiding filing and paying at 30% because it will automatically imply that I will have to claim tax refund and we know this is equivalent to retrieving meat from the teeth of a hyena!
Sisi bado we are trying our best to evade tax.
Ati 1% of turnover!! Now we cannot continue making losses.
Hata si 1% turnover, it is corporate tax… tax evasion is not sustainable in the long run…