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Online Business and VAT
wanyo
#1 Posted : Wednesday, July 08, 2009 10:02:00 AM
Rank: Member


Joined: 9/28/2006
Posts: 102
Am just wondering how one can have a full online business - the point of sale in online - and charge VAT and issue receipts.

The Damn KRA guys need you to get VAT for them and issue receipts using ETR.

Anyone with experiences on how this can be implemented?
i too
mukiha
#2 Posted : Wednesday, July 08, 2009 10:13:00 AM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
Can't you use a soft ETR like many large corporates do? Ask them about it.

Behind the gardens...Behind the wall...Under the tree (Including: Red...Dark Blue...Yellow)
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
Goals
#3 Posted : Thursday, July 09, 2009 7:01:00 AM
Rank: Member


Joined: 10/6/2008
Posts: 118
There is the long signature that appears at the bottom of every invoice. This is the way to go and avoid attaching ETR receipts that get misplaced most of the time.


'Build your own dreams,
or someone else will hire you to build their's!'
Goals
#4 Posted : Thursday, July 09, 2009 7:01:00 AM
Rank: Member


Joined: 10/6/2008
Posts: 118
There is the long signature that appears at the bottom of every invoice. This is the way to go and avoid attaching ETR receipts that get misplaced most of the time.


'Build your own dreams,
or someone else will hire you to build their's!'
Eddiemundu
#5 Posted : Thursday, July 09, 2009 11:16:00 AM
Rank: Member


Joined: 4/23/2007
Posts: 67
@Wanyo

Simply Contact them (KRA ) and ask them how they handle online Business VAT. Otherwise,as James Mwangi of EQUITY always tells KRA,Do your business and let KRA do the Catch up !..Do your Business and DONT pay the TAXES untill they complain about it..then you will ask them to show you How to Compute it..(Hoping they wont 1st Slap a you with a Penalty of 300% of your Lifetime Turnover. )




M'c Kende Siafu !
wanyo
#6 Posted : Thursday, July 09, 2009 12:56:00 PM
Rank: Member


Joined: 9/28/2006
Posts: 102
Thanks guys.
I have tried asking KRA the same question on line 4 999 999 and am being taken from one exension to another as everyone is seeking to contact the other.

@ Eddiemundu,i take your advice - let them catch up later.

what i don't know is what penalty they will slap upon discovering.
i too
Goals
#7 Posted : Friday, July 10, 2009 7:40:00 AM
Rank: Member


Joined: 10/6/2008
Posts: 118
Also try the exchange number 310900 and ask for VAT section.

'Build your own dreams,
or someone else will hire you to build their's!'
Goals
#8 Posted : Friday, July 10, 2009 7:41:00 AM
Rank: Member


Joined: 10/6/2008
Posts: 118
Also try the exchange number 310900 and ask for VAT section.

'Build your own dreams,
or someone else will hire you to build their's!'
mukiha
#9 Posted : Friday, July 10, 2009 7:57:00 AM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
@wanyo;

To be on the safe side,write to KRA and ask,deliver the letter to Times Tower and have them stamp your copy 'received'.

I assure you; you will get a reply in writing...very quickly. Do not accept any verbal explanation guys can be very 'kigeu-geu' when in a fix....and KRA will never accept defense based on verbal explanations from their own officers!!

Behind the gardens...Behind the wall...Under the tree (Including: Red...Dark Blue...Yellow)
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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