Effective tax management plays a crucial role in the success of businesses. Ensuring accurate and timely tax compliance is essential for maintaining a strong financial position and avoiding costly penalties.
We believe that the quality of tax advisory & compliance services delivered relies on a having great relationship with our clients.
Reach out to us on call: +254729260127
Jeremy Mkay Associates will provide tailored tax advice and compliance solutions that help your business. Our goal is to help you optimize your tax position, minimize your tax liabilities, and ensure that your business is fully compliant with all relevant tax requirements.
Tax Services we Offer
At Jeremy Mkay Associates, we provide a comprehensive suite of tax services designed to meet the unique needs of small and medium-sized enterprises (SMEs) and larger corporations operating in Kenya.
Our team of experienced tax consultants is committed to helping you navigate the complex Kenyan tax laws and regulations. Here are some of the key tax services we offer:
1. Annual Tax Compliance
- Preparation and submission of annual tax returns: Our experts will assist you in accurately preparing and filing your annual income tax returns, VAT returns, and other relevant tax declarations.
- Ensuring compliance with tax deadlines: We will help you meet all tax filing deadlines and avoid penalties for late submissions.
- Review of tax assessments: We will review tax assessments issued by the Kenya Revenue Authority (KRA) to ensure their accuracy and identify any potential overpayments or underpayments.
2. Tax Health Check
- Comprehensive assessment of your tax affairs: We will conduct a thorough review of your business’s tax practices and identify any areas of potential risk or non-compliance.
- Identification of tax optimization opportunities: Our experts will help you uncover opportunities to reduce your tax liabilities and improve your overall tax efficiency.
- Development of corrective actions: We will recommend specific steps to address any identified tax issues and ensure your compliance with tax laws.
3. Tax Planning
- Customized tax strategies: We will work with you to develop tailored tax planning strategies that align with your business objectives and minimize your tax burden.
- Structuring transactions for tax efficiency: Our experts can help you structure business transactions in a way that maximizes tax benefits and minimizes tax liabilities.
- Proactive tax management: We will provide ongoing advice and support to help you stay ahead of changes in tax laws and regulations.
4. Transfer Pricing
- Compliance with transfer pricing regulations: We will ensure that your intercompany transactions are priced in accordance with arm’s-length principles to avoid transfer pricing penalties.
- Preparation of transfer pricing documentation: Our experts can help you prepare the necessary documentation to support your transfer pricing policies and demonstrate compliance with Kenyan and international transfer pricing rules.
- Negotiation with tax authorities: We will represent you in negotiations with the KRA regarding transfer pricing adjustments and disputes.
5. International Tax Services
- Cross-border tax planning: We can assist you with planning your international tax affairs, including structuring cross-border transactions, managing foreign tax credits, and complying with international tax treaties.
- Compliance with international tax regulations: Our experts will help you ensure compliance with international tax standards, such as the Base Erosion and Profit Shifting (BEPS) project.
- Tax advice on foreign investments: We can provide guidance on the tax implications of foreign investments, including inbound and outbound investments.
6. Corporate Tax Services
- Corporate tax returns and compliance: We will assist you with the preparation and submission of corporate tax returns, including the corporate income tax return and the withholding tax return.
- Tax audits and investigations: We can represent you in tax audits and investigations conducted by the KRA.
- Tax dispute resolution: If you are involved in a tax dispute with the KRA, we can provide expert advice and representation.
Do you need Tax Advisory & Compliance Services in Kenya. Reach out to us on call: +254729260127

Tax Advisory and Compliance in Kenya Frequently Asked Questions
- Corporate Income Tax: This is the main tax imposed on the profits of companies operating in Kenya.
- Value-Added Tax (VAT): VAT is a consumption tax levied on the sale of goods and services within Kenya.
- Withholding Tax: This is a tax deducted from certain types of payments made to individuals or companies.
- Payroll Taxes: Businesses are required to deduct and remit payroll taxes, including Pay As You Earn (PAYE) and the National Social Security Fund (NSSF) contributions.
- Corporate Income Tax: The deadline for filing corporate income tax returns typically falls within the first quarter of the following year after the end of the accounting period.
- VAT: VAT returns are generally due monthly or quarterly, depending on the business’s turnover.
- Withholding Tax: Withholding tax returns are typically due monthly or quarterly, depending on the type of withholding tax.
- Payroll Taxes: Payroll taxes must be remitted to the KRA on a monthly basis.
- Audits: The KRA conducts regular audits of businesses to verify their tax compliance.
- Penalties and Interest: Non-compliance with tax laws can result in penalties and interest charges.
- Tax Disputes: Businesses that disagree with the KRA’s assessments can file tax disputes.
- Investment Deductions: Businesses may be eligible for investment deductions for qualifying capital expenditures.
- Tax Holidays: Certain industries or regions may be eligible for tax holidays, offering temporary relief from corporate income tax.
- Research and Development (R&D) Incentives: Businesses engaged in R&D activities may be eligible for tax incentives.
- Maintain Accurate Records: Keep detailed records of all financial transactions to support your tax filings.
- Seek Professional Advice: Consult with a qualified tax advisor to ensure compliance with tax laws and identify potential tax savings.
- Stay Updated on Tax Changes: Stay informed about changes in tax laws and regulations to avoid penalties.
- Utilize Tax Planning Strategies: Implement tax planning strategies to minimize your tax liabilities.