Kakamega County to Purchase KIBO motor bikes in new deal
380 300Kakamega County and Kibo Africa have today signed a partnership where the County will purchase motorcycles to enhance the…
380 300Kakamega County and Kibo Africa have today signed a partnership where the County will purchase motorcycles to enhance the…
356 300It’s blockbuster fight week, but different from anything you’ve ever seen. On Monday, from 02:00 CAT, SuperSport (Grandstand, Action and…
303 300Anthony Riungu is not a new name among the most vulrenable members of Maara community.He has helped encourage and…
204 300The Kenya Revenue Authority (KRA) is set to collect tax of KShs. 107,046,316 following a decision by the Tax Appeals Tribunal on 28th May 2021 to dismiss an appeal filed by KCB Insurance Agency Limited. The Taxpayer had contended that KRA’s treatment of its income earned from services provided to KCB Risk Margin Fund (RMF) as consultancy fees, which are subject to VAT, is erroneous. The Taxpayer informed the Tribunal that KRA conveniently disregarded the fact that the Risk Margin Fund (RFM) services to KCB were provided by the Taxpayer, acting in the capacity of an insurance agent whose services were expressly exempt from VAT during the period under review. KRA successfully defended its actions and informed the Tribunal that the Taxpayer’s claim that the fee on administration of KCB Bank’s RFM is premium-based commission, which is exempted from Excise Duty is erroneous. The Tribunal reviewed the evidence as presented by both parties and held that KRA was authorised by the law to demand and charge late payment penalty and interest on VAT and Excise Duty not timeously remitted by the insurance agent.
377 300Communication made everything easy,” Zari opens on how she handled Diamond while Dating Stallion. Zari is in Tanzania and…
342 300Bournemouth’s midfielder Jefferson Lerma has been burned for six matches by the Football Association of England for biting an…
305 300Musician Nyota Ndogo is elated after receiving the long awaited message from his husband. After months of Agony and…
329 300Credit Bank Plc has announced a partnership with CapitalPlus Exchange Corporation (CapPlus) and Eneza Education that will see the…
568 300Jane Muthoni, the former Icaciri Girls’ High School Principal has been sentenced to 30 years in jail for the…
336 300 Family Bank has today received formal approval from the Capital Markets Authority to raise up to KES 8 billion…