VAT Accounting: Input VAT Deduction
Input VAT is commonly referred to as input…
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July 2, 2019
Input VAT is commonly referred to as input…
Introduction
In Kenya, the VAT Act (2013) makes it mandatory to file VAT 3 monthly returns by the 20th day of the month after the end of the tax period.
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(Photo by Waka)
VAT period is one calendar month – from the start to the end of a calendar month. In case the 20th day falls on a holiday or a weekend, the VAT 3 returns are supposed to be made before then.