Small Businesses
Businesses with annual turnover of KES 5 million or less are eligible for turnover tax.
Turnover tax
Simplified tax filing for small businesses.
Professional turnover tax filing services for businesses with annual turnover below KES 5 million in Kenya.
Overview
What is Turnover Tax?
Turnover tax is a simplified tax regime for small businesses in Kenya with annual turnover of KES 5 million or less. It's calculated at 3% of gross sales and filed monthly, making it easier for small businesses to stay compliant with KRA.
Who needs this service
Is Turnover Tax right for you?
Retailers & Traders
Retail shops, kiosks, wholesalers and traders can benefit from simplified turnover tax filing.
Service Providers
Small service providers like salons, restaurants, and consultants can file turnover tax.
Businesses Transitioning
Businesses moving from turnover tax to VAT as they grow can get help with the transition.
What's included
Everything you need for turnover tax compliance.
Simple Tax Calculations
We calculate your turnover tax at 3% of your monthly gross sales accurately.
Monthly Filing
We ensure your turnover tax returns are filed by the 20th of every month.
Record Keeping Support
We guide you on simple record keeping for turnover tax compliance.
VAT Transition Support
We help you transition from turnover tax to VAT when your business grows beyond KES 5 million.
Past Returns Correction
We help review and correct past turnover tax returns and negotiate penalty waivers.
Ongoing Support
We provide continuous support throughout the year for all your turnover tax needs.
Benefits
Why choose turnover tax for your business.
Simplified Compliance
Turnover tax offers a simpler filing process compared to regular income tax and VAT.
01
Lower Tax Burden
At 3% of gross sales, turnover tax is often lower than income tax for small businesses.
02
Save Time & Money
Simpler calculations mean less time spent on tax compliance and lower accounting costs.
03
What to prepare
Documents you'll need for turnover tax filing.
Sales Records
Records of all sales made during the month including cash and credit sales.
KRA PIN
Your business KRA PIN certificate and iTax login credentials.
Filing Period Details
Clear details of the turnover tax filing periods you need assistance with.
Previous Returns
Previous turnover tax returns if you're seeking help with corrections or catch-up filing.
FAQ
Common questions about turnover tax.
What is the turnover tax rate?
Turnover tax is calculated at 3% of your monthly gross sales for businesses with annual turnover below KES 5 million.
When is the turnover tax deadline?
Turnover tax returns must be filed by the 20th of every month following the transaction month.
What happens if my business exceeds KES 5 million?
If your annual turnover exceeds KES 5 million, you'll need to transition from turnover tax to VAT and income tax. We can help with this transition.
Do I need to register for turnover tax?
Yes, you need to register for turnover tax with KRA. We can help you with the registration process.
Can you help with turnover tax compliance?
Yes, we provide comprehensive support for turnover tax registration, filing, and compliance with KRA requirements.
Ready to file your turnover tax
Let us handle your turnover tax filing.
Contact us today for professional turnover tax services and peace of mind knowing your taxes are in expert hands.