This is Tax on inputs or consumption as well as on outputs or sales. It is paid at point of sale. Tax invoices and receipts are supposed to be generated. From the perspective of the buyer, it is a tax on the purchase price. From that of the seller, it is a tax only on the value added to a product, material, or service.
Our VAT Services provided involve but not limited to
- Preparations of monthly VAT returns both online and manual.
- Advisory and guidance on VAT matters .
- Handling Kenya Revenue Authority enquiries on our client's behalf and playing a facilitation and liaison role in the event of VAT audits.