Get Ppa1 Form Kenya 2020-2025

The Ppa1 Form is an essential document for businesses seeking to apply for phased payments on their tax debts in Kenya. This guide provides a clear, step-by-step approach to filling out the form online, ensuring that users can navigate each section with confidence.

Follow the steps to complete the Ppa1 Form online effectively.

1. Click ‘Get Form’ button to access the form and launch it in your online editor.
2. Begin by entering your business and tax details. Fill in the taxpayer or business name, tax reference number, business address, home or official address, and contact details, including telephone and email.
3. In the tax debts section, provide details of the tax types and periods involved. Include the amount owed for each tax and the total amount.
4. Next, outline your payment proposal. Specify the down-payment, duration of payment, and monthly payment amount. Also, provide a brief summary explaining the basis for your proposed terms.
5. For repayment capacity, list all bank and other financial institution details. Include the bank name, sort code, account number, account type, and the current balance.
6. Detail your current lending commitments. Enter information for each loan, including the lending institution, loan type, monthly repayments, start and end dates, and security held by the institution.
7. Provide details of any debts owed to your business along with their overall debt and age. Include whether the debts are in dispute and any agreed payment plans.
8. State how you intend to service the proposed repayment schedule alongside ensuring future taxes are paid on time.
9. In the other information section, state whether you have an invoice discounting arrangement, provide last and next bank review details, and mention any discussions with the Credit Review Office.
10. Demonstrate the viability of your business. Clearly outline the basis on which you believe your business can repay debts and meet future tax obligations.
11. Provide a brief statement of the specific reasons why tax debts have not been met and why they cannot now be paid in full.
12. Indicate whether you require a tax clearance certificate if the payment proposal is agreed. Finally, fill in your declaration, sign, and provide your name in block capitals, along with the date.
13. Once you have completed the form, save your changes, and you may choose to download, print, or share the form as needed.

Complete your Ppa1 Form online now to streamline your tax repayment application process.