If you have have a withholding certificates in your pin/Email because you did some job on commission ( especially those working for insurance companies) , did some consulting or even got some lumpsum /pension(those whose jobs were terminated or moved to another company and had been paying on a scheme) , you are required to declare the withholding in your tax return under income other than employment income.
Can someone file nil return if he/ she did some work and some tax was withheld?
The answer is No, you have to declare and claim expenses and the WTH as a tax avoidance (not avasion) measure to ensure that after self assessment /returning you are not left in a liability position (tax paying position)
How do someone declare the withholding tax / income other than employment income.
PROCEDURES
-go to KRA portal
-login to your account
– on the main menu on the bar on the tab written return click a drop down called file Nil return.
-select the type of tax obligation as income tax resident individual.
-key the period as 01/01/2017- 31/12/2017
– download the excellent sheet.
-on the basic information say yes you have employment other than employment income
-this will add into the workbook two extra sheets one for the income(profit and loss) and another one for the balance sheet(statement of financial position).
– on the P&l declare the commutative about of all the gross amount paid on which a withholding tax was deducted at the source.
– down the profit and loss sheet declare the expenses you incurred – normal expenses ET transport, stationeries, airtime etc to claim them on the gross income.
-to the end of the excel workbook, there a sheet for tax computation which tabulate the summary and the end position /tax due or credit.
-declare the total of all the withholding taxes that on the row written with tax for the period.
– make share that the tax position is not a liability position.
-the. Validate the return, then upload on the portal through your profile.
N/B if you can’t trace the WTH certificates in your mail you can query them in your profile buy just reprinting them.
All the best saver
DONT ALLOW THE DEADLINE TO CATCH UP WITH YOU. …DO YOUR RETURNS BEFORE 30th to avoid 20,000 penalty on your pin.
