How to file MRI 2024 - Monthly Rental Income KRA

In this Video you'll learn how to file your Monthly rental income on Itax. Did you know that Residential rental income is charged at a flat rate of 10% on gross rent received per month? and It is payable when landlords receive rent from their tenants either monthly, quarterly, semi-annually or annually? Did you also know that Late filing of MRI returns attracts a penalty of:
2,000 or 5% of the tax due whichever is higher for individuals?
20,000 or 5% of the tax due whichever is higher for corporates?
Now you know!!
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