To “MAMA MBOGA” Payment of Turnover Tax (TOT) is due to this Thursday 20th February 2020.

Turnover Tax (TOT)

TweetShareSharePin0 SharesThe Kenya Revenue Authority is now monitoring payment of Turnover Tax (TOT) by small traders as the deadline for the new levy closes tomorrow. The taxman has since called on Micro and Small Enterprises (MSEs) to register, file and pay the January 2020 tax returns for the Turnover Tax. The tax rate for TOT is three percent on the gross sales or turnover and is a final tax. TOT is filed and paid on a monthly basis on or before 20th of the following month. According to KRA, the…

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