The Kenya Revenue Authority has issued a public notice on updates to the resident corporation tax return considering the reduction in the corporation tax rate to 25% in 2020, which was reverted back to 30% in 2021.
---
Updated Resident Corporation Tax Return
PUBLIC NOTICES 01/06/2021
The Tax Laws (Amendment) Act, 2020 amended the rate of Corporation Tax for resident persons from 30% to 25% with effect from 1st April 2020. The rate was reversed to 30% with effect from 1st January 2021 thr…