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INDEX OF DOCUMENTS S. No. Page No. Brief Significance of the Documentary of the DocumentMANDATORY DOCUMENTS AS PRESCRIBED BY SEMI & EXCHANGES1.ERA Form and Account Opening Form (Appendix 1)2. NominationNominate

How to fill out kra form version 7

How to fill out kra form version 7

1. To fill out the KRA Form Version 7, follow these steps:
2. Start by obtaining the KRA Form Version 7 from the official website or designated locations.
3. Read the instructions on the form carefully to understand the requirements and guidelines.
4. Begin the form by filling out your personal information, including your name, PIN, address, and contact details.
5. Provide accurate details about your employer or business, such as the name, address, and PIN.
6. Fill in the sections related to your employment or business income, including nature of income, employment income, and business income.
7. Include details about any foreign income, if applicable.
8. Provide information about allowances, benefits, and deductions, such as housing allowance, pension contributions, and insurance premiums.
9. Complete the sections regarding tax payable, tax already deducted, and tax credit.
10. Verify all the details you have provided and ensure they are accurate and complete.
11. Sign and date the form where indicated.
12. Attach any supporting documents required, such as salary slips, bank statements, or audit reports.
13. Submit the completed KRA Form Version 7 to the relevant KRA office or through the designated online platform.
14. Remember to keep a copy of the filled form and any supporting documents for your records.

Who needs kra form version 7?

1. Any individual or taxpayer who is required to file their tax returns in Kenya needs the KRA Form Version 7. This includes employees, self-employed individuals, business owners, and professionals. It is essential for accurately reporting their income, deductions, and tax liabilities to the Kenya Revenue Authority (KRA).

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