Topic: KRA
Taxman dismisses Sh64 billion tax loss claims as palm oil import probe deepens
Oct 23, 2024 at 03:44 PM
The Kenya Revenue Authority (KRA) has categorically dismissed allegations of losing Sh64 billion in tax revenue due to palm oil shipment misdeclaration at the Port of Mombasa....
KRA to introduce WhatsApp bot to streamline tax invoicing for small traders
Oct 23, 2024 at 11:25 AM
In a significant move to enhance tax compliance, the Kenya Revenue Authority (KRA) is set to launch a WhatsApp bot that will allow taxpayers to generate electronic tax invoices dir...
KRA plans real-time cryptocurrency monitoring to curb tax evasion in Kenya
Oct 17, 2024 at 09:10 AM
The Kenya Revenue Authority (KRA) is set to introduce a new tax system designed to monitor cryptocurrency transactions in real-time....
Kuria 'clarifies' comments on paybill and till numbers transitioning to virtual ETRs
Oct 11, 2024 at 01:05 PM
Moses Kuria, Senior Advisor to President William Ruto, has addressed recent media reports that he termed as misinterpretations of his remarks on Virtual Electronic Tax Registers (E...
State eyes paybills, till numbers for virtual ETRs in tax base expansion bid - VIDEO
Oct 10, 2024 at 05:41 PM
In a move aimed at expanding the country’s tax base, the Kenyan government has announced that all pay bills will be classified as virtual electronic tax receipt systems starting ...
KRA chief summoned over alleged Sh62 billion tax evasion in palm oil import deal
Oct 02, 2024 at 07:06 PM
The Kenya Revenue Authority (KRA) Commissioner-General, Humphrey Wattanga, is facing mounting pressure from the National Assembly to provide answers regarding allegations of a sign...
KRA reduces VAT refund processing time from 102 to 41 days in drive for efficiency
Sep 24, 2024 at 10:21 AM
The Kenya Revenue Authority (KRA) has significantly improved the efficiency of its Value Added Tax (VAT) refund process, reducing the average processing time from a lengthy 102 day...
Withholding Tax is not applicable on management, professional fees - TAT
Sep 12, 2024 at 09:39 PM
In a landmark decision, the Tax Appeals Tribunal (TAT) has reaffirmed that withholding tax is not applicable on management or professional fees under the Kenya-France and Kenya-Sou...
Kenyans enjoy faster cargo clearance as KRA cuts processing time by two days
Sep 11, 2024 at 08:08 PM
Kenyans importing goods are now enjoying significantly faster cargo clearance times, thanks to the Kenya Revenue Authority (KRA) which has significantly improved the efficiency of ...
KRA agents set for penalty relief as bill seeks to amend tax laws
Aug 26, 2024 at 09:38 AM
Kenya Revenue Authority (KRA) agents could soon breathe a sigh of relief as a proposed amendment to the KRA Act seeks to alleviate penalties imposed on them for delayed remittance ...
Mbadi hints at resurrecting rejected Finance Bill 2024 proposals to fill Sh150 billion deficit
Aug 19, 2024 at 10:38 PM
Treasury Cabinet Secretary John Mbadi has signalled a potential return of controversial tax proposals as the government grapples with a yawning fiscal deficit....
Former Treasury CS Njuguna Ndung’u exposes Kenya's deep-rooted corruption
Aug 13, 2024 at 02:27 PM
Former Cabinet Secretary for the National Treasury, Njuguna Ndung’u, has painted a damning picture of the financial irregularities plaguing the government of President William Ru...
KRA imposes five-day deadline for employers on tax for employee perks
Jul 25, 2024 at 07:12 PM
The Kenya Revenue Authority (KRA) has introduced a swift turnaround for the remittance of withheld tax from welfare benefits, mandating that employers now submit these payments wit...
Kenya Airports Authority grapples with Sh13.8 billion mounting debt crisis
Jul 24, 2024 at 11:14 AM
The Kenya Airports Authority (KAA) is grappling with a mounting financial crisis, facing a staggering Sh13.8 billion in outstanding claims....
Victory for golf clubs as court upholds VAT exemption in landmark case
Jul 18, 2024 at 12:41 PM
In a significant ruling, the High Court of Kenya has delivered a judgement on a tax dispute between the Commissioner of Domestic Taxes, representing the Kenya Revenue Authority (KR...
Court declares Anthony Mwaura appointment as KRA chair unlawful
Jul 15, 2024 at 04:26 PM
The High Court has ruled that President William Ruto's appointment of Anthony Mwaura as chairperson of the Kenya Revenue Authority (KRA) in November 2022 was unlawful....
How KRA missed its collection target by Sh267 billion despite widening tax base
Jul 09, 2024 at 10:42 AM
The Kenya Revenue Authority (KRA) has fallen short of its tax collection target for the fiscal year ending June 2024, missing the mark by Sh267 billion....
KRA clarifies tax bite on employee meals over Sh48,000 amid confusion
Jul 08, 2024 at 01:30 PM
In a recent development aimed at clarifying tax obligations for employee benefits, the Kenya Revenue Authority (KRA) has announced significant changes regarding the taxation of mea...
Over 800,000 Kenyans face taxman's sting for missing returns filing deadline
Jul 05, 2024 at 07:59 PM
As the June 30th tax filing deadline passed, the Kenya Revenue Authority (KRA) reported that nearly a million taxpayers, totalling 953,971 individuals, failed to submit their retur...
Why KRA wants taxpayers to update their registration details duly on iTax
Jun 25, 2024 at 01:49 PM
The Kenya Revenue Authority (KRA) is undertaking a data clean-up exercise aimed at improving the integrity of its taxpayer register and enhancing service delivery for all registere...