Selecting the appropriate land for agricultural use is a crucial step towards ensuring successful farming ventures in Kenya. With its diverse climate and topography, the country offers a range of opportunities for agricultural activities. However, making wise choices when it comes to land selection is essential for maximizing productivity and sustainability. Here are some of the things to consider: Soil Quality: One of the primary considerations when choosing land for agriculture in Kenya is soil quality. Different crops thrive in specific soil types, so it's important to conduct a thorough soil analysis. The ideal soil should have a balanced pH, good drainage, and nutrient-rich composition. In Kenya, various regions have different soil types, ranging from volcanic soils in the Rift Valley to fertile alluvial soils near rivers. Understanding the soil composition will help farmers select suitable crops and implement proper soil management practices. Climate and Water Ava
Property owners in Kenya must pay their Rental Income Tax, but the process is often seen as lengthy and complex. To simplify and make it more transparent, the government has introduced Paybill number 222222 for all government services, including the payment of rental income tax. Lower Tax Rate: The government has reduced the rental income tax rate from 10% to 7.5% on the gross rent received, a change that landlords appreciate. Monthly Rental Income (MRI) Registration: Landlords need to register for Monthly Rental Income (MRI) before submitting their rental income tax. This tax applies to rental income exceeding Ksh280,000 but below Ksh15 million annually. Steps to Register a Property for MRI: Visit www.itax.kra.go.ke . Go to the registration tab and select "Register Property details." Fill in the required details based on the property type. Provide the PIN of a tenant for the property. The system will fill in your details automatically. Enter the necessary information, incl