AD24: Principles of Taxation

AD24: Principles of Taxation is a Foundation Level paper in the KASNEB Accounting Technician Diploma (ATD) qualification. It equips learners with the fundamental knowledge and practical skills required to understand the principles, administration, and application of taxation. The course focuses on the Kenyan tax system, tax computation, compliance requirements, and the role of taxation in financing government activities and promoting economic development.

Key Topics Covered

• Introduction to Taxation
• Principles and Canons of Taxation
• Tax Administration in Kenya
• Income Tax
• Employment Income Tax (PAYE)
• Business Income Tax
• Investment Income Tax
• Capital Gains Tax
• Value Added Tax (VAT)
• Excise Duty
• Customs and Import Duties
• Tax Procedures and Compliance
• Tax Planning
• Tax Offences and Penalties
• Ethical Issues in Taxation