KRA TAX Refunds

VituVingiSana wrote: Monk published: sparky wrote: Being a tax and lawyer, I got many refunds for my clients. Refunds are as a matter of practice offset against past and future tax liabilities. In other words, if a refund is approved you do not get cash but a credit against tax liabilities. Spot on, you get tax credits for VAT.

For TAX (singular proprietorship), if your Advance Taxes exceed tax due, iTax rejects your return, forcing you to modify the accounts to reflect no TAX overpayment. Unless you make Advance Taxes (quarterly), iTax penalizes you. Sparkly: strong move, coming out in the open (the contact). People use Mpesa to really get your real name. I’d rather pay the small charge than willingly pay more beforehand Taxes and eat the loss!

KRA requires businesses to pay tax installment (beforehand) in 4 quarters. Amounts to be paid are based on the prior year’s profit. If you’re in a business with wildly erratic earnings, that’s when you’re able to get into over-payment situations, unless you ignore the legislation and incur fines instead. For Limited liability entities, over-payments become Tax credits. For exclusive proprietorship, you lose. Last refund I got was during Moi’s time. Incidentally overpayments are consequently of Tax rebates in Morgage sometimes, or Pension/Insurance products you might have.

The end of the barista club got jars with biscotti and marshmallows, plus an assortment of sweeteners. Of course I munched on marshmallows. The meals design is a buffet, plus an “action place” with a chef serving up a particular dish made to order. I arrived at 10:20am, just in time to grab some breakfast-time items prior to the staff whisked them away to make space for lunch time.

I’m glad I did, even though I had just had a complete breakfast in the lounge within my hotel for one last Eggs Benedict! I appreciated the temperature lounge having good yogurt, bircher muesli, and cooked foods, and that didn’t change with the move to the full lounge. The first section had cereal dispensers on the final end, big bowls of natural yogurt (Greek or non-fat) and fruit salad, and specific pots of yogurt parfaits (enthusiasm fruits, cranberry & orange, raspberry), and bircher muesli.

Ah, bircher muesli. Something I love, and first uncovered in Sydney. Sadly not at all something we have much of in the US. On this trip, I didn’t have any pitcher that I must say I liked though, because the Sheraton lounge version had too much acidic apple and too much tart yogurt for my taste. The lounge saved me. This is great. Creamy, gentle stewed oats, rather than too tart (in fact, not tart whatsoever). It was very sweet, however the sweetness appeared to result from honey, and was a pleasant sweetness. On top were a few raisins and a chunk of dried-out apricot, but besides that, there have been no mix-ins.

No raisins soaking up the juices inside, no nut products, no seeds, rather than any apple even? I wouldn’t really call this bircher muesli, it seemed more like just a creamy version of overnight oats really. But I’m not complaining. Overall, I enjoyed it, particularly the pleasurable sweetness, but I wouldn’t call this a traditional archer. Yogurt parfaits were available in three tastes: passion fruits, cranberry orange, or raspberry.

Since the personnel have there been clearing the breakfast time items once we arrived, I simply grabbed the first I could quickly, raspberry, but I put a little of remorse that I didn’t get interest fruit. This is very good though. The yogurt was solid, and wealthy, full fat clearly, full cream, delicious yogurt that we don’t get in America. The yogurt was treasured by me. In the center was a layer with raspberry compote, sweet nicely, and a granola/seed mix, soft from being inside the parfait, so not just a crunchy element, but it was still nice. Baked Goods, Fruit, Toast.

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The next section contained croissants, danishes, cinnamon rolls, whole fruits (pears, apples, bananas), toast, and pretzels. I didn’t try the Danish, but it looked like it acquired strawberry filling up? The indication said “pain au chocolate”, which made me realize we missed out on a few of the pastry selections, they clearly had earlier. I did so grab a cinnamon roll and threw it in my bag to consume later (in a baggie of course!). It was drawn by me out on my next air travel and was so glad I needed grabbed one.

It was actually really good, even a bit later. The pastry was crispy, the cinnamon layer super flavorful, and the whole thing a little sweet and sticky. An excellent pastry, for a lounge particularly. I didn’t try the plain croissants, but, given the success of the cinnamon roll, I sorta wish I had.