VAT (Value Added Tax) is a consumption tax placed on goods and services at each stage of production or distribution.

In Kenya, VAT is a tax levied on the value added to goods and services. The standard VAT rate is 16%, and it applies to most goods and services unless exempt or zero-rated.

To calculate VAT, multiply the price of the item or service by the VAT rate (e.g., VAT = Price × 16%).

In Kenya, businesses with an annual turnover exceeding KES 5 million are required to register for VAT with the Kenya Revenue Authority (KRA).

In Kenya, certain goods and services are VAT exempt, such as medical services, educational services, and certain food items. You can consult the Kenya Revenue Authority for a full list.

Yes, businesses registered for VAT can claim refunds if they have paid more VAT on their purchases than they have collected from sales. This is typically done through the Kenya Revenue Authority (KRA).

A custom VAT rate allows you to apply a VAT rate that differs from the standard rate. This is useful for businesses with specific goods or services that are taxed differently.

VAT returns are filed monthly in Kenya. You need to submit your VAT return to the Kenya Revenue Authority (KRA) before the 20th of the following month.

You can find the latest VAT rates for Kenya on the official Kenya Revenue Authority (KRA) website or consult with a tax professional.