@Mwalimu-G kuja ukanusheDoes KRA tax inheritance?
Say for instance mzee auze shamba and decides to give you part of the money as inheritance is this money taxable by KRA?
First off can such money be termed as inheritance?
Tax guru @Okiya tuelimishe.
Doesn't end there@Mwalimu-G kuja ukanushe
If employed you pay tax
When you join you preferred sacco and get devided from your shares you pay tax, when you enjoy your devided by taking a beer you pay tax
Nini inakusumbua rafiki? Hukwenda kanisa leo?@Mwalimu-G kuja ukanushe
That is not inheritance by definition because you are not transferring the property itself. Hapa Capital Gains will have to be paid.Does KRA tax inheritance?
Say for instance mzee auze shamba and decides to give you part of the money as inheritance is this money taxable by KRA?
First off can such money be termed as inheritance?
Tax guru @Okiya tuelimishe.
The money may be categorized as inheritance or a gift, both of which are exempt from taxation.Does KRA tax inheritance?
Say for instance mzee auze shamba and decides to give you part of the money as inheritance is this money taxable by KRA?
First off can such money be termed as inheritance?
Tax guru @Okiya tuelimishe.
Nilienda kanisaNini inakusumbua rafiki? Hukwenda kanisa leo?
Hamukuombea hiyo?Is there a legal way of getting uhuru out of state house ?
Only if the proceeds are over 3M.I think capital gains tax applies on the profit in case of a sale. But ni mzae atalipa, sio wewe ambaye umepewa ka-inheritance.
I prayed silently but was disappointed when I saw the Sunday Nation headline !Hamukuombea hiyo?
Leviticus 19:18 ESV / 3 helpful votesI prayed silently but was disappointed when I saw the Sunday Nation headline !
Tulitembea kutoka githurai to gatundu after kùmìra kùmìra, dancing and shouting our selves horse ! NowLeviticus 19:18 ESV / 3 helpful votes
You shall not take vengeance or bear a grudge against the sons of your own people, but you shall love your neighbor as yourself: I am the Lord.