Topic: Advance and installment tax training (Practical filing example)part 3-by Charles kinanga

Installment tax is estimated income tax paid to KRA under the Income Tax Act Cap470,laws of Kenya.Installment periodically,inanticipation of the tax payable for ayear of before the year of income is over and before the accounts of Tax is paid inadvance at four equal installments.It is paid income.Installment tax is aform of advance tax administered the business are prepared to establish the actual tax payable.