The Kenya Revenue Authority (KRA) wishes to inform the public about an important update regarding the valuation of used motor vehicles. In adherence to the court ruling on petition 190 of 2018 and in alignment with Article 47 of the… Read More
More Than 500,000 Kenyans Respond to Tax Amnesty, Paying and Settling Ksh 20.8 Billion in Outstanding Principal Taxes
KRA waives Ksh 244.7 Billion in Penalties and Interests while Ksh 28.7 Billion in Unpaid Principal Taxes Disclosed. Kenya Revenue Authority (KRA) achieves a significant milestone as over 500,000 Kenyans seize the opportunity of the ongoing Tax Amnesty Programme to… Read More
East African Revenue Authorities Garner More Than $3 Million in Revenue Through Tax Evasion Investigations
The East Africa Revenue Authorities have reported a total revenue of $3,039,053.95 resulting from tax evasion investigations conducted between October 2023 and April 2024. This announcement came during the 18th East Africa Revenue Authorities Technical Committee on Integrity (EARATCI) meeting,… Read More
Kenya Receives ‘Largely Compliant’ Rating On The Tax Transparency And Exchange Of Information (EOI) Standard
Kenya has achieved a ‘Largely Compliant (LC)’ rating for its implementation of the international standard concerning transparency and exchange of information on request (EOIR) for tax purposes. This milestone was announced during the 46th Peer Review Group (PRG) meeting at… Read More
Clarifications and Important Updates Regarding the VAT Prepopulated Return Implementation and Functionality
As part of its commitment to data-driven compliance, the Authority has implemented an iTax feature facilitated by KRA, enabling validation of VAT return declarations through data transmitted via the Tax Invoice Management System (TIMS/eTIMS). READ ALSO: Implementation and Oversight of… Read More
Implementation and Oversight of the Collection Process for the Affordable Housing Levy (AHL) by Kenya Revenue Authority (KRA)
Kenya Revenue Authority (KRA) has notified the public that under the Affordable Housing Act of 2024, it is designated as the entity responsible for collecting the Affordable Housing Levy (AHL). READ ALSO: KRA, KICD Partner To Enhance Tax Literacy Through… Read More
KRA, KICD Partner To Enhance Tax Literacy Through Technology In Competency-Based Curriculum (CBC) in Kenya
The Kenya Revenue Authority (KRA) has embraced technology to advance tax literacy among learners nationwide. Teaming up with the Kenya Institute of Curriculum Development (KICD), KRA is set to develop specialized tax e-resources tailored for students in the Competency-Based Curriculum… Read More
Guidelines and Procedures for Income Tax Exemption Application and Implementation for Persons With Disability
The Income Tax Act, Cap 470 mandates employers to deduct and report tax (Pay As You Earn) on emoluments paid to employees. According to the Persons with Disabilities (Income Tax Deductions and Exemptions) Order, 2010 (Legal Notice No. 36 of… Read More
Simplified eTIMS Solutions Tailored to Enhance Tax Compliance for Informal Sector and Small Businesses (Non VAT Registered Taxpayers)
Kenya Revenue Authority (KRA) has emphasized that it is mandatory for all individuals conducting business operations, including those in the Informal Sector and Small Businesses, to electronically generate and transmit their invoices to KRA using the electronic Tax Invoice Management… Read More
Streamlining Tax Dispute Resolution: Kenya Revenue Authority (KRA) Guidelines for Service of Objection Notices via iTax
Kenya Revenue Authority (KRA) wishes to inform all taxpayers of the procedural requirements regarding the lodging of notices of objection, as stipulated under section 51(2) of the Tax Procedures Act. According to this provision, any taxpayer who disputes a tax… Read More
KRA Tax Amnesty Programme Yields Over Kshs. 200 Billion in Penalty and Interest Waivers for Taxpayers in Kenya
The Finance Act of 2023 ushered in the Tax Amnesty Programme, a significant initiative allowing Taxpayers to seek waiver for penalties and interest accrued until December 31st, 2022, provided they settle their corresponding principal taxes in full by June 30th,… Read More
National Treasury Urges Business Community to Proactively Engage in Tax Payments and Compliance Initiatives
The Principal Secretary (PS) for the National Treasury and Economic Planning, Dr. Chris Kiptoo, CBS, has urged the business community to actively fulfill their tax obligations and lead compliance initiatives, facilitating the government’s delivery of essential services and developmental projects.… Read More