Topic: tax
Airtel Africa posts sharp growth despite currency challenges in HY 2024 results
Oct 28, 2024 at 07:04 PM
Airtel Africa has reported a robust operational performance for the half-year ending September 30, 2024, revealing a 19.9 per cent revenue increase in constant currency despite a c...
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...
Relief at the pump for Kenyans as petrol price drops by Sh7 in EPRA latest review
Mar 14, 2024 at 11:30 PM
Kenyans are breathing a sigh of relief after the Energy and Petroleum Regulatory Authority (EPRA) announced a drastic reduction in the prices of super petrol, diesel and kerosene....
Kenyans brace for insurance premium hike as industry adopts new VAT laws
Feb 19, 2024 at 03:16 PM
Kenyans are facing potential hikes in insurance premiums as the industry grapples with the implementation of a new 16 per cent Value Added Tax (VAT) on insurance payouts, introduce...
KRA issues some clarity on electronic tax invoicing for non-VAT registered persons
Dec 27, 2023 at 03:45 PM
Kenya Revenue Authority (KRA) has urged businesses, including those not registered for VAT, to register to electronically generate and transmit their invoices to KRA via eTIMS....
KRA launches annual taxpayers' month with online auction and tax amnesty
Sep 29, 2023 at 08:01 PM
In a significant gesture of appreciation towards its dutiful citizens, the Kenya Revenue Authority (KRA) is poised to mark the commencement of the Annual Taxpayers' Month on Monday...
Govt proposes series of tax reforms on vehicles to promote green economy
Sep 14, 2023 at 11:58 PM
The Kenyan government is considering a series of tax reforms aimed at promoting environmental sustainability and wealth redistribution, with potential implications for vehicle owne...
Taxpayers relieved as KRA announces tax amnesty on interest, penalties for debts
Sep 01, 2023 at 10:09 PM
The Kenya Revenue Authority (KRA) has made a significant announcement, offering a lifeline to taxpayers with outstanding tax debt....
KRA announces a Sh2.2 trillion growth in collected revenue during FY 2022-2023
Jul 14, 2023 at 02:28 PM
Kenya Revenue Authority (KRA) has revealed that its revenue collection from taxpayers grew significantly by 6.7 per cent in the 2022-2023 financial year to stand at Sh2.166 trillio...
Raila Odinga speaks on Treasury proposal to tax digital content creators
May 08, 2023 at 10:47 PM
Azimio La Umoja One Kenya Coalition leader Raila Odinga has spoken out against a proposed tax on digital content monetization, stating that it would stifle innovation and limit job...
Govt now targets high income earners with 35 per cent revised PAYE deductions
May 04, 2023 at 01:35 PM
The National Treasury is seeking to amend the Employment Act 2007 to propose a 35 per cent income tax deduction on the salaries of all those earning more than Sh500,000 in Kenya....
William Ruto defends his strong push for all Kenyans to pay their share of taxes
Feb 06, 2023 at 12:18 PM
President William Ruto has defended his push for all Kenyans to pay their share of taxes while campaigning against alleged tax exemptions for some powerful individuals. ...
Sell my property if I've not paid my taxes, Mama Ngina responds to Ruto in tax din
Feb 05, 2023 at 01:12 PM
Mama Ngina accused some politicians of politicising her family’s tax issues for mileage....
Keg consumers to dig deeper into their pockets from next month, EABL announces
Sep 09, 2022 at 04:56 PM
Consumers of Keg beer will have to dig deeper into their pockets as the price of the brew is set to rise next month by Sh8.40....
KRA shuts down Keroche Breweries again for reneging on tax payment deal
Jun 15, 2022 at 09:39 AM
The Kenya Revenue Authority has shut down operations at Keroche Breweries once again for going back on their earlier agreement on the settlement of tax arrears....
Wanted Purma Holdings Limited directors flee police dragnet at city hotel
Dec 09, 2021 at 02:00 AM
On searching the hotel premises, KRA and police officers found personal items of the duo including cash, bank cards and car keys, confirming that the they were residing at the hote...
KRA beats pandemic to surpass revenue targets for the first time in 8 years
Jul 05, 2021 at 09:47 AM
Domestic VAT declined by 7.9 per cent owing to business turnover decline in the pandemic as well as reduction of VAT from 16 to 14 per cent....
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