How individuals and companies avoid paying taxes

Excise Tax is a sin tax – a consumption tax imposed on the consumer over and above VAT. ILLUSTRATION | SHUTTERSTOCK

The harsh economic conditions in Kenya have pushed everyone, including the government and the private sector, to be uptight with their money. Everyone wants to make more money and spend less. That is true of taxes.

Individuals and businesses often use tax minimisation strategies to reduce their tax burden and maximise profits.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.