Welcome to a new era of seamless operations! As a small business owner in Kenya, navigating through the labyrinth of KRA (Kenya Revenue Authority) compliance can be an overwhelming task. But fret not! We're here to guide you on a journey to streamline KRA compliance for your SME's success.

Firstly, let's clarify the importance of KRA compliance. It's more than just meeting regulations; it's about demonstrating transparency, building trust with customers and stakeholders, and ensuring a conducive environment for business growth.

Now, let's delve into some key aspects of KRA compliance:

VAT Registration

Registering for VAT (Value Added Tax) is crucial once your annual taxable turnover surpasses 5 million KES. This registration allows you to claim back input tax, thus reducing your tax liability.

PAYE

If you have employees, PAYE (Pay As You Earn) compliance is essential. It ensures timely deductions of income tax and National Health Insurance Fund (NHIF), National Social Security Fund (NSSF), and other statutory deductions.

e-Filing

Embrace e-filing! It's a user-friendly platform that simplifies the process of submitting returns, making payments, and tracking your tax status. You can access it on the KRA website.

Record Keeping

Maintaining accurate financial records is vital for audits and for calculating your tax liability accurately. Keep invoices, receipts, bank statements, and payroll records safely.

Digitizing Your Business with Lipabiz

Lipabiz Technologies Ltd offers a business management platform that simplifies KRA compliance by automating tax calculations, VAT invoicing, PAYE processing, and e-filing. By digitizing your business with Lipabiz, you can focus on what truly matters - growing your SME.