Filing a tax return in Kenya is a legal requirement for individuals and businesses. Whether you’re employed, self-employed, or running a business, complying with the Kenya Revenue Authority (KRA) is crucial to avoid penalties and ensure smooth financial operations.
As your business begins to grow, managing day-to-day operations becomes increasingly complex. With growth comes the need to stay on top of cash flow, expenses, invoices, taxes, and financial reporting.
Starting a business or running a small or medium-sized enterprise (SME) in Kenya can be an exciting but challenging journey. One of the key factors that determine the success of a startup or SME is effective financial planning.
For businesses of all sizes, managing finances accurately and efficiently is critical to success. However, for many small and medium-sized enterprises (SMEs) and even large companies, handling accounting and bookkeeping in-house can be a time-consuming and resource-intensive task.
Running a small business in Kenya comes with many responsibilities, and managing your finances is one of the most critical. Unfortunately, many small business owners tend to overlook the importance of proper bookkeeping, often leading to financial mismanagement.