The video has been very useful. After days of struggling with filing withholding tax returns, this video was clear to the point and it saved my time. Thank you. I was happy that my returns were success.
Great video. I'm an Online worker and the Employer withholds 5% and remits to KRA. Can I use the video above to file my annual tax? Then since KRA from 2024 will require ETR receipts, will the legal expense 5.13 require a receipt?
I wish you would move from "Si mimi ndio nakushow" and explain why we're doing some things. For instance, why are you multiplying your tax figure with 20? And why are we LESSing it in 5.13 (Legal Expenses) and multiplying with 3.33? And finally is your explanation unique ONLY to KNEC Examiners? What about consultants and those who've received their dividends or royalty?
For the "multiplying by 20" part... I understand because withholding of consultancy payments is done at 5%. Hapo kwa 3.33 and the balance sheet is where I draw the line. 😅
the 1,830/- is 5% witholding tax, so to get 100% ( which is the commissioned earned thats taxable),you divide it by 5 and multiply by 100 ,which is 100/5 = 20.
There are a time when if you fill the value of personal relief, you get a notification that you should fill a value less than 13944,,,what could be the problem?
Hello Mirriam, This instance occurs when the employer gives a relief that is more than the individual's tax bracket. In this event, the employee owes KRA the excess amount. This will be shown in the last tab when you are validating.
After clicking on yes on this question "do you have any other income other than Employment income" my excel isn't adding the other columns. What might be the problem
Thanks bro this was very helpful.👍 Quick question, mtu akiwa na several withholding tax certificates for the same period/year, do you work with the total amount ama you do each individually?
very clear, I was looking for such a clear explanation and couldn't find until I bumped into this video
Glad it helped!
The video has been very useful. After days of struggling with filing withholding tax returns, this video was clear to the point and it saved my time. Thank you. I was happy that my returns were success.
Good one sir. kindly make me understand where is 3.333 coming from when calculating legal expenses
You really helped me a lot apo Kwa withholding tax,,,,angusha Moja ya monthly VAT
I love the way you explain it; slow and sure. Thanks bro
Nice tutorial but I have a question are we always supposed to Multiply by 20 and 3.3 all time.I would really appreciate your feedback.
As guided by the taxman. So I can't say it's always.
Why is always 5%=5/100=1/20
This was great. 👍
Very easy to follow through.
Well explained. I could only not understand where you got the value 3.33 and 20 you multiplied with.
You have really come through for me. Thanks. Perfect tutorial. Simple. KRA should buy this.
Glad it was helpful!
Someone has withholding tax every month or withholding from different companies, is the procedure the same?
Yes. You only add all the amounts from different companies then input the final value
Thanks for this clear explanation. I've always had trouble doing this. Asante
Great tutorial, man. Keep it up!
very helpful
Thanks a lot man... Umenisaidia big time na hii...
awesome just what i needed. heard this year we are getting some refunds? how do we go about it
fantastic work brother..very clear & concise
Thank you so much. This was extremely helpful. Just what i needed. God bless you.
Very clear and straight foward
where are you getting 3.33 the one you have multiply with 1830 from
Thanks the process is clear and understood and helped me to fill successfully.
Thank you for this, I was really stuck
Thank you. It is a very helpful explanation. If one has arrears, are there other computations after adding sub totals of taxable pay.
Add arrears and subtotals. That will be the gross.
Thanks sir. your explanation is clear.
Straight and clear. very helpful
Thanks, Fanya ya witholding tax company, ama concept ni the same?
very detailed , I learned a lot
Great but you have to explain why multiply with 20 and 3.3333
So well explained, thank you so much for unstucking me!
How about if you have 2 withholding certificate for the same period? how would you go about?
@@LabillepauloPogba Take the sum.
You have made it clear and so simple thank you sir
Good,you have helped to solve a problem.
Thank you sir but my quiz what is this 20 you are multiply by it?
thanx...you must be a very good teacher😃😃
Very helpful. Thank you
Thank you. very easy to follow
You deserve more subscribers
Please help me share the video link. I will appreciate.
kazi safi.Your content is helpful.
This video has been of help and have managed to do it. Thank you very much
Straight to the point, cheers
Good presentation..Be blessed
Thank you so much brother. You really enlightened me.
Nice one. Very clear step by step
What about those who only earn from commissions?
I like the way you are explaining.
Good explanation and very easy to understand. Good job and thanks for the clip, it is very educative.
Can you use the web portal instead of excel
You can't use ITR since you have a WHT. ITR is only meant for employment income only.
Thanks, your explanation is on point
And in a case where you haven't been issued with p9 and u have the withholding tax?
You need a P9 to file your returns. Contact the employer.
Helpful content. Keep it up bro.
Great video.
I'm an Online worker and the Employer withholds 5% and remits to KRA.
Can I use the video above to file my annual tax?
Then since KRA from 2024 will require ETR receipts, will the legal expense 5.13 require a receipt?
VERY clear explanation. keep it up
Good job sir well explained ❤
This is the best video ever
I wish you would move from "Si mimi ndio nakushow" and explain why we're doing some things. For instance, why are you multiplying your tax figure with 20? And why are we LESSing it in 5.13 (Legal Expenses) and multiplying with 3.33? And finally is your explanation unique ONLY to KNEC Examiners? What about consultants and those who've received their dividends or royalty?
sure, where is this 3.333 coming from?
For the "multiplying by 20" part... I understand because withholding of consultancy payments is done at 5%. Hapo kwa 3.33 and the balance sheet is where I draw the line. 😅
Does this apply to all types of withholding certificate?
how about if kuna rental income of 0.00......and you are required to fill kwa profit loss a/c
What if someone has deni ya kra where do you consider this in filling.
Hae,, can you do do to how to file withholding taxes for consultants without any employment income
Sure,
I will.
@@liotech254 Thanks I will be waiting please make it quick and i will appreciate
Has helped me a lot sir, thanks again,
Can you add expenses like electricity, transport, school fees etc?
No
Very educative... thanks have subscribed...
Why multiply by 20 is ia always ×20? Na hiyo 3.333 inatoka wapi? Do we multiply by 3.333 for anyone under any employer?
the 1,830/- is 5% witholding tax, so to get 100% ( which is the commissioned earned thats taxable),you divide it by 5 and multiply by 100 ,which is 100/5 = 20.
Mine is giving a very huge differnce yet i have filed the correct way
why are we putting WHT*3.33?
Kindly assist ..I have followed your steps but am getting a postive deviation..where is the error
How much are you getting as the deviation?
Very Precise 🎉❤😅
What if you have arrears on the paye and also there's manual paye?
Take the value of Total PAYE.
There are a time when if you fill the value of personal relief, you get a notification that you should fill a value less than 13944,,,what could be the problem?
The relief may have been capped. Try with the 13944 and validate.
I have the same problem and even the 13944 isn't working. Kindly advise
Hello Mirriam,
This instance occurs when the employer gives a relief that is more than the individual's tax bracket.
In this event, the employee owes KRA the excess amount. This will be shown in the last tab when you are validating.
@@liotech254 Thank you for shedding light.
Good job asking something. Why are we multiplying with 20 why not 30 or 100 please
At the time of this video, the withholding tax is charged at 20%
@@liotech254 WHT tax for consultanylcy/professional fees is 5% so to get the gross amount, you multiply 1830*(100/5) same as multiplying 1830 by 20.
Poa sana, barikiwa bro
Well done
After clicking on yes on this question "do you have any other income other than Employment income" my excel isn't adding the other columns. What might be the problem
Close the excel sheet and reopen.
@@liotech254 thanks
Thanks buddy. I the video was really helpful.
What if someone made an error in filing this withholding tax
You can do an amended return. On the type of return, select amended. Then proceed as explained in the video.
I LOVE THIS
awesome, thank you
good, now wat if the examiner has manual paye
Take the total PAYE
how to fill for an institution lets say a school
Nice one bro
Sasa KRA HV NEVER SPOKEN ABOUT THIS INFO anywhere,,nashangaa vile huyu SAVIOR alipata hii info..I was looking for this video so much
Yangu imekataa na mogul inaenda
Kuna ya 2023 alete
Very useful video💯
Tax due not indicating a negative number, apo at the end
How much?
But mine at the end had a principal tax, is it ok
Principal tax?
You're Quite marvelous Bro. Thanks 10000000000x
Thank you. Well done.
Why do you times by 20 and by 3.333?
Thanks bro this was very helpful.👍 Quick question, mtu akiwa na several withholding tax certificates for the same period/year, do you work with the total amount ama you do each individually?
Thanks for the feedback. Take the totals.
why are you multiplying by 3.33 ?
Very helpful
why dont you explain the maths? multiplying by 20, 3.333 and inserting 1 and 1 in the sheet
This is also my question, why are we doing this math?
THANK YOU SO MUCH BROTHER
Good work
VERY GOOD MWALIMU
Excellent video
Iko sawa. Thank you
In the last section b4 validating , i got -7423.1, is it okay?
This can arise if the employee was employed after January 1st of 2022. In this event, you will need to provide the employee's bank particulars.
you are awesome bro
Asante sana
Kazi safy kaka
very clear