Revenue Administration in Sub-Saharan Africa - International Tax ...

CountryKenyaMalawiInterest charges2% per month onamounts not fullypaid.Where the taxunpaid exceedsK22, the rate ofinterest shall bethree-quarters percentum permonth in respectof the first monthor part thereof,with the additionalof one-quarter percentum per monthfor each additionalmonth or partthereof and thefinal rate ofinterest shall applyfor the wholeperiod duringwhich any tax hasremained unpaid,so however that inno case shall thetotal interestpayable be lessthan K5.50.Failure to pay tax on timePIT CIT VATAdministrativeAdministrativeAdministrativeInterest chargesInterest chargespenaltiespenaltiespenaltiesn.an.a.2% per month onamounts not fullypaid.Where the taxunpaid exceeds K22,the rate of interestshall be threequartersper centumper month in respectof the first month orpart thereof, withthe additional ofone-quarter percentum per monthfor each additionalmonth or partthereof and the finalrate of interest shallapply for the wholeperiod during whichany tax hasremained unpaid, sohowever that in nocase shall the totalinterest payable beless than K5.50.n.an.a.2% per month onamounts not fullypaid.20% of tax amountplus 5% eachsubsequent dayMauritius 1% per month 5% of amount of tax 1% per month 5% of amount of tax 1% per month 5% of amount of taxRwanda0.83% of the0.83% of the amount 10% of the tax 0.83% of the amount10% of the tax payableamount of taxof taxpayableof tax100% of the unpaid taxTreasure bill/bondTreasure bill/bondOne and half of the One and half of theSierra Leoneinterest rate plusinterest rate plus 3%central banking central bankingn.a.n.a.3% of the amountof the amount to belending rate until lending rate untilto be paidpaidpayment is made payment is madeSenegal n.a. n.a. n.a. n.a. n.a. n.a.n.an.a.89