Topic: KRA
KRA goes after businesses earning Sh200 million and below in tax expansion drive
Mar 07, 2025 at 07:13 PM
The Kenya Revenue Authority (KRA) is now targeting businesses and individuals generating Sh200 million or less in annual revenue as part of its latest strategy to widen the tax bas...
NCBA hosts key dialogue to empower faith-based organisations on tax reforms
Mar 06, 2025 at 12:49 AM
Faith-based organisations grappling with new tax regulations found a platform for clarity at NCBA’s annual engagement luncheon, themed “Navigating Tax Reforms for Sustainabilit...
KRA waives Sh140 billion taxes, penalties accumulated up to December 31, 2023
Mar 04, 2025 at 01:09 PM
Taxpayers burdened by years of accumulated penalties and interest have been handed a major reprieve, as the Kenya Revenue Authority (KRA) confirms the waiver of over Sh140 billion ...
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Mumias Sugar faces fresh turmoil as tribunal backs KRA's Sh3.5 billion tax claim
Feb 28, 2025 at 01:16 PM
Mumias Sugar Company has suffered another setback after the Tax Appeals Tribunal granted the Kenya Revenue Authority (KRA) the green light to recover Sh3.5 billion in unpaid taxes ...
Sh144 million missing from e-Citizen collections, Auditor-General raises alarm
Feb 25, 2025 at 05:16 PM
A fresh audit of government revenues has uncovered a discrepancy of at least Sh144 million collected through the e-Citizen platform, raising concerns over accountability in the dig...
Local banks face new VAT charges on auctioned assets following tribunal ruling
Feb 05, 2025 at 05:14 PM
Kenyan banks are now required to charge Value Added Tax (VAT) on assets seized from loan defaulters and sold via auction, following a landmark ruling by the Tax Appeals Tribunal....
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Cancel customs bonds promptly to avoid penalties in regional trade, advises PwC
Jan 21, 2025 at 09:37 PM
Kenyan businesses engaged in cross-border trade within the East African Community (EAC) risk penalties and legal complications if they fail to cancel customs bonds promptly after m...
KRA's new tax rates for fringe benefits, deemed interest and low-interest loans
Jan 17, 2025 at 11:27 AM
The Kenya Revenue Authority (KRA) has unveiled updated tax rates for fringe benefits, deemed interest, and low-interest loans, which will take effect in January 2025....
KRA issues ultimatum to commercial vehicle owners over advance tax deadline
Jan 16, 2025 at 08:01 AM
The Kenya Revenue Authority (KRA) has set the clock ticking for commercial vehicle owners, reminding them to pay their advance tax for the 2025 income year by January 20, 2025....
Mandatory local marine cargo insurance for all imports to take effect in February
Jan 08, 2025 at 10:27 AM
Kenyan importers face a critical compliance deadline as the enforcement of the Finance Act 2017’s marine insurance regulations takes effect on 14 February 2025, mandating that al...
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Millions left stranded as the eCitizen payment platform experiences outage
Jan 03, 2025 at 02:50 PM
Millions of Kenyans and foreigners have been left stranded after the government’s platform used to make payments for government services experienced a technical hitch on Friday....
New KRA Board Chair Ndiritu Muriithi outlines top priorities as he takes office
Dec 30, 2024 at 07:49 PM
New Kenya Revenue Authority (KRA) Board of Directors Chairman Ndiritu Muriithi has vowed to transform the authority into a professional, fair and customer-oriented body....
KRA announces changes to PAYE computation under amended tax laws
Dec 19, 2024 at 05:43 PM
The Kenya Revenue Authority (KRA) has announced new changes to the computation of Pay-As-You-Earn (PAYE), effective from December 27, 2024, as outlined in the Tax Laws (Amendment) ...
Kenya’s debt soars to Sh10.8 trillion as pressure on finances mounts
Dec 19, 2024 at 12:15 PM
Kenya’s public debt has surged to Sh10.8 trillion, as reported by the Central Bank of Kenya (CBK) in its latest September 2023 data....
MPs reject proposal to centralise KRA deputy commissioners’ appointments
Dec 18, 2024 at 02:13 PM
Members of Parliament have rejected a government-backed proposal to transfer the authority to appoint Kenya Revenue Authority (KRA) deputy commissioners solely to the Commissioner ...
KRA dismisses 25 staff as anti-graft purge recovers Sh549 million
Dec 16, 2024 at 10:28 AM
According to the Kenya Revenue Authority (KRA)'s latest report, 25 employees were dismissed between July and September 2024 to address internal corruption....
KRA collaborates with KNCCI to foster tax compliance among MSMEs in Kenya
Dec 13, 2024 at 10:10 AM
Kenya Revenue Authority (KRA) and Kenya National Chamber of Commerce and Industry (KNCCI) are partnering to expand Micro Small and Medium Enterprises (MSMEs) in Kenya....
KRA announces it has surpassed Sh1 trillion revenue mark ahead of schedule
Dec 09, 2024 at 02:00 PM
The Kenya Revenue Authority (KRA) has achieved a significant milestone by collecting Sh1.005 trillion in revenue as of November 30, 2024....
KRA invites public to give its voice on sweeping income tax reforms for 2024
Dec 09, 2024 at 01:24 PM
The Kenya Revenue Authority (KRA) has called on Kenyans to weigh in on a series of draft income tax rules that promise to shape the future of taxation in the country....
24 banks risking closure as KBA cautions against proposed minimum capital raise
Nov 29, 2024 at 04:35 PM
The Kenya Bankers Association (KBA) has raised serious concerns about the impact of a proposed increase in the minimum core capital requirement for banks, warning that 24 small and...
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