Maeri Point Limited

Assignment: KRA Tax Audit Assignment for Maeri Point Limited

Client: Maeri Point Limited
Project Title: KRA Tax Audit Assignment
Commencement Date: January 2025
Project Duration: Ongoing (Monthly Compliance)
Service Scope: Tax Reporting, Filing, Compliance Consulting


Overview

Tomamoru was entrusted with the responsibility of managing Monthly Tax Compliance for Maeri Point Limited, a growing company with expanding operations. The assignment involves ensuring full compliance with Kenya Revenue Authority (KRA) tax regulations. This includes monthly income tax returns, VAT submissions, PAYE calculations for employees, and overall tax reporting accuracy.


Objectives

  • Ensure timely filing of all relevant tax returns.

  • Maintain accuracy in tax calculations and reporting.

  • Provide advisory services on tax deductions and incentives applicable to the company’s sector.

  • Help Maeri Point Limited avoid any penalties by staying up-to-date with changing tax laws.


Key Services Provided

1. Monthly Income Tax Reporting
Tomamoru handles the preparation and submission of Maeri Point Limited’s income tax returns, ensuring compliance with tax regulations and minimizing potential liabilities.

2. Value Added Tax (VAT) Filing
Our team manages VAT filings, ensuring that all invoices, receipts, and related transactions meet KRA standards for VAT claims and submissions.

3. Payroll Taxes (PAYE) Management
We oversee the calculation and remittance of Pay-As-You-Earn (PAYE) taxes, ensuring employees’ salaries are taxed correctly and submitted promptly.

4. Tax Advisory Services
In addition to compliance, Tomamoru provides tax-saving strategies, advising Maeri Point Limited on possible tax credits and deductions relevant to their operations.


Impact & Results

Since commencement in January 2025, Tomamoru’s proactive tax compliance management has helped Maeri Point Limited achieve:

  • Zero penalties or late submission fines.

  • Streamlined payroll processing and tax deduction compliance.

  • Enhanced understanding of tax-saving options available for their business operations.

With a dedicated team and a systematic approach, Tomamoru continues to ensure that Maeri Point Limited remains fully tax-compliant, allowing them to focus on growth without tax-related interruptions.


Client Testimonial

“Tomamoru has been instrumental in keeping us compliant with all tax regulations. Their professionalism and dedication have given us peace of mind, knowing that our tax obligations are in capable hands.”
— Maeri Point Limited Management

Client
Busia Chicken Farm Limited
Date
July 12th, 2024
Services
Monthly Tax compliance assignment