Topic: KRA
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...
Ruto cuts budget by a measly 3.3 per cent to Sh3.848 in new fiscal strategy
Jun 10, 2024 at 08:46 PM
In a significant fiscal adjustment, the Kenyan government has reduced the national budget for this financial year by Sh132.46 billion, lowering it from Sh3.981 trillion to Sh3.848 ...
AKI raises concerns over proposed motor vehicle tax collection duties
Jun 06, 2024 at 12:45 PM
The Association of Kenya Insurers (AKI) has raised concerns regarding the administrative burden placed on insurance firms by the Treasury's proposed annual motor vehicle tax....
KRA seeks more funding as it grapples with over Sh9.45 billion in unpaid bills
May 24, 2024 at 01:29 PM
The Kenya Revenue Authority (KRA) is facing a financial crunch, struggling with a backlog of unpaid bills amounting to Sh9.45 billion....
Betsafe joins exodus as Kenyan betting industry feels the squeeze of high taxes
May 16, 2024 at 09:48 AM
Betting firm Betsafe has joined the exodus of companies leaving the Kenyan market, citing a heavy tax burden that has rendered the industry unsustainable....
KRA ordered to cough up Sh54 million in VAT to Hotpoint over Nakumatt debt
May 14, 2024 at 01:12 PM
The Tax Appeals Tribunal has directed the Kenya Revenue Authority (KRA) to reimburse electronics supplier Hotpoint Limited over Sh54 million in Value Added Tax (VAT) on account of ...
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