CM22: Elements of Taxation

CM22: Elements of Taxation is a foundational course that equips learners with the essential knowledge and practical skills required to understand the basic principles, administration, and application of taxation. The course introduces learners to the Kenyan tax system, the role of taxation in economic development, tax compliance requirements, and the computation of basic tax liabilities for individuals and businesses.

Key Topics Covered

• Introduction to Taxation
• Principles and Objectives of Taxation
• Classification of Taxes
• 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
• Professional Ethics in Taxation