Tax Season Is Over...But Is That the End of Compliance?

Tax Season Is Over...But Is That the End of Compliance?

The hype around tax filing is finally over.
As a business owner, does this mark the end of your thoughts about compliance?

Most people think once they’ve filed their KRA returns, they can forget about taxes until next year. But if you're a consultant or a serious business owner, you already know: tax doesn’t stop in July.

Have you heard about Tax Planning?

It’s not just for big corporations or accountants.
Tax planning simply means:

  • Keeping a clean, ongoing record of your finances

  • Tracking every shilling both incoming and outgoing

  • Matching every cost with valid, claimable documentation (especially eTIMS)

Here’s What You Should Start Doing to Avoid Spending So Much in Tax Next Year

1. Track Every Shilling, Every Day

You can’t reduce what you can’t see.
Whether it’s payments from clients or money you’ve spent on fuel, internet, or office supplies  record it.

Use your phone, a spreadsheet, or even better  a simple accounting app.


2. Always Ask for an eTIMS Invoice

If it’s not on eTIMS, KRA doesn’t recognise it  and you can’t claim it.
Make it a habit to ask for an eTIMS-compliant invoice every time you spend money in your business.

That invoice could save you thousands in VAT offsets later.


3. Use Accounting Software That Works for You

You don’t need anything complicated. Tools like Zoho Books are:

  • Easy to use

  • ETIMS-compliant

  • Affordable (even free for small businesses)

They help you stay organized and avoid last-minute panic during filing season.


4. Keep All Receipts and Records in One Place

Have a physical folder or a digital drive.
Organize everything by date and include:

  • Sales invoices

  • Purchase receipts

  • Contracts

  • Bank statements

This will make your life (and your accountant’s) much easier.


5. Talk to a Tax Consultant Before It’s Urgent

Don’t wait until June to find out you're in trouble.

Check in with a tax consultant now and set up a plan that works for your business.
Trust me, it's cheaper and less stressful to plan than to fix things later.


                  📌

Smart businesses don’t evade taxes.
They plan for them and save thousands in the process.

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