In Kenya, the Personal Identification Number (PIN) is a unique identifier issued by the Kenya Revenue Authority (KRA) to individuals and businesses for tax purposes. Some individuals or entities may be eligible for PIN exemption due to various reasons. This could include certain categories of income earners or entities that fall within specific criteria outlined by the tax authorities.
Services related to PIN exemption applications may involve assisting clients in understanding the eligibility criteria, gathering necessary documentation, and submitting the application to the KRA. LNM Tax may guide clients through the process, ensuring that all relevant information is accurately provided to expedite the approval of PIN exemption.
Tax Exemption: Tax exemption is a status granted to certain individuals or organizations that are relieved from paying certain taxes. This could include income tax, value-added tax (VAT), or other taxes depending on the nature of the exemption. LNM Tax may provide services to help clients determine their eligibility for tax exemption and guide them through the application process.
Services related to tax exemption applications may involve conducting a thorough assessment of the client’s financial and operational activities to determine eligibility, preparing the required documentation, and liaising with tax authorities to ensure a smooth application process.
LNM Tax offers to :
- Consultation and Eligibility Assessment:
- LNM Tax may offer consultation services to clients, helping them understand the criteria for PIN and tax exemptions.
- Conduct thorough assessments to determine the client’s eligibility for exemptions.
- Documentation Preparation:
- Assist clients in gathering and preparing the necessary documentation required for PIN and tax exemption applications.
- Application Submission and Follow-Up:
- Submit applications on behalf of clients to the relevant tax authorities.
- Follow up with tax authorities to ensure timely processing and approval of applications.
- Compliance and Reporting:
- Provide ongoing support to clients in maintaining compliance with the requirements for PIN and tax exemption status.
- Assist in preparing and submitting any necessary reports or updates to tax authorities.
- Educational Workshops and Seminars:
- Offer educational programs to clients, keeping them informed about changes in tax laws and regulations that may impact their exemption status.