Topic: KRA
KRA grants KenGen a Sh1.43 billion tax waiver after decade-long dispute
Nov 18, 2024 at 10:08 AM
Kenya Electricity Generating Company (KenGen) has successfully reached a landmark agreement with the Kenya Revenue Authority (KRA), securing a substantial tax waiver of Sh1.43 bill...
Persistent KRA customs system outages stall cargo clearance, cut revenue
Nov 14, 2024 at 12:54 PM
Frequent disruptions to the Kenya Revenue Authority's (KRA) Integrated Customs Management Systems (iCMS) are causing significant disruptions to the country's import and export trad...
KRA calls for mobile number updates as part of ongoing tax system overhaul
Nov 13, 2024 at 12:48 PM
The Kenya Revenue Authority (KRA) has announced a critical update to its iTax system, calling on all taxpayers to verify and update their mobile numbers....
CA allays fears over IMEI registration order by KRA, data privacy concerns
Nov 08, 2024 at 12:31 PM
The Communications Authority of Kenya (CA) has moved to allay fears over the Kenya Revenue Authority’s (KRA) recent directive requiring importers and assemblers to submit device ...
Kenya to enforce stricter mobile device import rules starting January 2025
Nov 05, 2024 at 12:15 PM
The Kenya Revenue Authority (KRA) has issued a new directive requiring the declaration of all mobile devices and their unique IMEI numbers at Kenya’s points of entry....
8 key tax measures Govt is seeking to reinstate from rejected Finance Bill 2024
Nov 04, 2024 at 07:17 PM
In a renewed effort to plug the revenue gaps left by the repealed Finance Bill 2024, the government is set to reintroduce eight notable tax measures that had previously ignited wid...
Taxpayers’ Day: Ruto celebrates Kenya's economic gains, compliance milestones
Nov 01, 2024 at 09:45 PM
Kenya’s economy is turning a corner with a steady drop in inflation and a strengthened currency, President William Ruto revealed in a significant address on Taxpayers’ Day at S...
KRA plans to launch a digital system to track each drop of fuel bought in Kenya
Oct 25, 2024 at 02:22 PM
In a country where the cost of fuel is already felt with each kilometre driven, the Kenya Revenue Authority (KRA) is preparing to launch a digital system that would monitor every l...
KRA dismisses claims of Sh64 billion tax loss 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...