Assignment: KRA Tax Audit Assignment for XCMG East Africa
Client: XCMG East Africa
Project Title: KRA Tax Audit Assignment
Commencement Date: March 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 XCMG East Africa, a leading player in the heavy machinery industry. 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 relevant to the heavy equipment and manufacturing sector.
-
Help XCMG East Africa avoid penalties by staying up-to-date with evolving tax legislation.
Key Services Provided
1. Monthly Income Tax Reporting
Tomamoru prepares and submits XCMG East Africa’s income tax returns, ensuring alignment with KRA 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 requirements for VAT claims and submissions.
3. Payroll Taxes (PAYE) Management
We oversee the calculation and timely remittance of Pay-As-You-Earn (PAYE) taxes, ensuring employees’ compensation is properly taxed and reported.
4. Tax Advisory Services
Beyond compliance, Tomamoru provides strategic tax guidance, advising XCMG East Africa on allowable tax credits, industry-specific deductions, and optimal tax planning practices.
Impact & Results
Since the commencement of the project in March 2025, Tomamoru’s dedicated tax compliance services have enabled XCMG East Africa to:
-
Avoid late filing penalties and interest charges.
-
Streamline internal processes for payroll and tax documentation.
-
Gain clarity on tax-saving strategies within the industrial and machinery sectors.
With a consistent and professional approach, Tomamoru ensures XCMG East Africa remains fully compliant, freeing the company to focus on operational efficiency and market expansion.
Client Testimonial
“Tomamoru has brought structure and confidence to our tax management process. Their commitment and expertise have ensured that we remain compliant without stress or surprises.”
— XCMG East Africa Management
For more information on how Tomamoru can assist your business with tax compliance, feel free to [Contact Us].