Procrastinating essential duties are quite prevalent, including the responsibility of filing taxes. Being an early bird during tax filings can get you brownie points. With the acceptance of e-payment by Kenya Revenue Authority and other tax departments universally, no one can complain about payment inconveniences. Here are some of the perks of filling taxes early without any procrastination.

• Faster Tax Refunds

Probably the most prominent reason to file your taxes early is to get tax refunds faster. The sooner your country’s tax department gets your tax returns, the sooner it will give you a refund. Also, the refund can take several weeks if you are filing the tax return conventionally. E-filing is much quicker and beneficial. Kenya Revenue Authority, the tax department of Kenya, and most of the tax departments all over the globe have the facility of e-billing (or online tax payment) so that anyone can pay their tax returns anytime, anywhere with merely a phone and internet connection.

• Extra Time To Pay Taxes 

If you owe taxes to your respective tax department, filing taxes early is a wise move for you too. If you file your tax in the earlier months of the tax season (preferably the first or second month), you don’t have to pay the taxes that you owe until the absolute deadline. Also, organizing all the documents and completing your form can give you extra time to arrange your dues.

• Avoid Tax Extension

There are many reasons why one goes for a tax extension. But unnecessarily putting off paying the tax is an idiotic reason. Also, you don’t have to pay late penalties now, do you? Hence, paying your taxes early in the season can help you avoid any additional headache or expenditure.

• Preventing Tax Return Theft

Tax fraud is, unfortunately, an ever-growing and still out-of-control problem all over the globe. Imagine yourself getting ready to pay your tax return, but the tax department rejects it. It’s because some fraud has already filed tax using your details. The target of these frauds is to pocket all your tax refunds. You can reduce your chances of fraud by filing early (earlier than a scammer). 

• Less Stress

Filing taxes is always a stressful affair. Tax season, in itself, is hectic, especially the first few months. However, completing the tax forms and paying taxes early is a good way to take some stress off. Anytime you have an unpleasant task at hand, get it over with as fast as possible.