Filing Tax Returns and other things you need to do before the month of June ends

2020 has been, to say the least, an unusual year. I sometimes feel like I am in a dream that is yet to end even though we all know that this is our reality now. I remember when covid-19 surfaced, most of us thought that we will need maybe a month or two before things went back to normal. 6 months down the line, we are still oblivious of what the future holds in terms of the pandemic and every other fate that lays in its hands.

Yet, if you are still alive (that is so dumb because duhhh, Raisa), there are non-negotiables that do not care on whether there is a deadly virus in the air or not. Some of these things include attracting a penalty for failing to file your annual tax returns, rent (whether home or business) and phone bills. Before I make this list any longer, let me remind you of 4 things that you need to take a semi-annual stock of:

1. File your Tax Returns

If you are Kenyan and you have a KRA pin, then you know that it is your responsibility to file your annual returns before the month of June ends every year, irrespective of whether you actually make money or not. If you have no taxable income, then you will need to file Nil returns. Failure to do so will attract an accruing annual penalty of ksh. 2, 000. With the way our economy is set up, I believe that you do not want any extra expenses. It is a pretty simple process that you can do in less than 5 minutes. If you want to file your tax returns now, click HERE for an easy step-by-step guide.

2. New Year Resolutions

Were you so excited when the year began? I guess so. Me too. I got to write down New Year resolutions and I was so ready to achieve them. Now that we are halfway through the year, this should be the perfect time for you to do an assessment of what your resolutions were. Are you still on track? How far have deviated from that? What can you do to salvage the situation? The verdict is in your hands.

3. Your Mental Health

Boy oh Boy! 2020 has taught me that mental health to me is more important than anything else. I remember being so sad at the beginning of the year. I had no motivation to do the things I love. This blog was still an idea and I did not even know how to go about it. I remember being so broke and so worried about the direction my life was taking. I totally felt not being in control and it did suck but before me, my mind was so condensed that I felt like there were no options for me to make my life better in a way that I do understand best. Fast forward to almost 5 months later when I am slowly claiming control over my life back. I am starting to feel more confident, more creative and above all, more of myself.

4. Your Plans

Okay, if you made plans concerning travel, you probably cancelled that. But if you made any other plans, you could take this time to do a review. How has business been so far? How can you boost your sales during this time? It could be any other plan you had. Just because Corona virus is here does not mean that you have to cancel all your plans.

Raisa Ichalut
Raisa Ichalut is a futuristic, wellness- nichéd Content Creator who seeks to use this website as a tool that informs, empowers, and enlightens people on topics around self- discovery, development, and love, general wellness, positivism, energy, healing, and mindfulness.

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