Topic: VAT
Fuel prices remain steady as EPRA reports mixed trends in landing costs
Nov 14, 2024 at 09:34 PM
The Energy & Petroleum Regulatory Authority (EPRA) has maintained the retail prices of Super Petrol, Diesel, and Kerosene for the period from Thursday to 14th December 2024, keepin...
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...
Kenyans to benefit from reduced VAT, tax relief as Govt unveils new budget plans
Sep 10, 2024 at 10:03 AM
The government has unveiled a significant economic reform package that could provide much-needed relief to struggling households and businesses....
KAAO lobby against Govt's proposed VAT exemptions removal in Finance Bill 2024
May 21, 2024 at 10:56 PM
The Kenya Association of Air Operators (KAAO) has submitted a formal objection to the proposed elimination of Value Added Tax (VAT) exemptions for the aviation sector within the Ke...
Cooking gas prices surge to record-high despite relief promised by President Ruto
Apr 03, 2024 at 05:17 PM
The cost of cooking gas in Kenya has surged to an all-time high, defying government initiatives aimed at making clean-burning fuel more affordable....
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....
KRA delays pre-filled VAT returns start to February, emphasizes on valid invoices
Feb 12, 2024 at 06:27 PM
The Kenya Revenue Authority (KRA) announced an update to its previously announced simplification of the Value Added Tax (VAT) return filing process....
KRA introduces simplified system for small businesses in VAT transactions
Dec 18, 2023 at 05:18 PM
In a bid to alleviate compliance costs for small businesses, the Kenya Revenue Authority (KRA) has announced a new system that allows them to show a record of transactions instead ...
ATC demands half a billion from Telkom Kenya before mast site reconnection
Dec 07, 2023 at 10:02 PM
American Towers Corporation (ATC) has escalated its dispute with Telkom Kenya by demanding a down payment of Sh500 million and Sh150 million per month to reinstate services at the ...
KRA adopts significant measures to simplify the process of VAT return filing
Nov 28, 2023 at 04:10 PM
In a significant move towards enhancing efficiency and user experience, the Kenya Revenue Authority (KRA) has announced the simplification of the Value Added Tax (VAT) return filin...
KRA deploys paramilitary-trained Revenue Service Assistants to enforce tax compliance
Sep 19, 2023 at 08:12 PM
The Kenya Revenue Authority (KRA) has dispatched paramilitary-trained officers to enforce tax compliance as the race to hit a revenue target of Sh2.7 trillion by the close of the c...
Kenyans facing 18 per cent VAT increase as Govt considers more fiscal changes
Sep 14, 2023 at 12:27 PM
Kenyans are bracing for an impending tax hike, as the National Treasury of Kenya unveils plans to increase the Value-Added Tax (VAT) on products and services to 18 per cent....
Kenyans unconsolable as EPRA announces a Sh13 increase in fuel prices
Jun 30, 2023 at 06:53 PM
The Energy and Petroleum Regulatory Authority (EPRA) has announced the revision of maximum wholesale and retail petroleum prices in response to the recent amendment in Value Added ...
Kenyans brace for harsher times as EPRA slated to release new fuel pump prices
Jun 29, 2023 at 12:50 PM
The Energy and Petroleum Regulatory Authority (EPRA) has made a public announcement, stating that it will release revised maximum petroleum pump prices on Friday, 30th June 2023....
Musalia Mudavadi tells Kenyans to brace themselves for difficult economic times
May 24, 2023 at 11:53 PM
Prime Cabinet Secretary (PCS), Musalia Mudavadi, has urged the people of Kenya to refrain from politicizing the Finance Bill 2023, emphasizing that it is a crucial step in rectifyi...
William Ruto pledges to significantly reduce cost of gas and cylinders by July
Mar 02, 2023 at 08:11 PM
Kenyans will buy the 6kg gas cylinder for as little as Sh300 and buy gas affordably by June this year....
Relief for VAT registered taxpayers as KRA extends deadline for transition to TIMS
Sep 26, 2022 at 12:20 PM
The Kenya Revenue Authority (KRA) has extended the deadline for the requirement by taxpayers to comply with regulations of the Tax Invoice Management System (TIMS) to November 30, ...
Relief for Kenyan households as Govt finally slashes VAT on cooking gas
Jul 19, 2022 at 10:38 AM
Kenyans have heaved a sigh of relief after the prices of LPG, which is mainly used by households for cooking dropped by between Sh100 and Sh250....
Winners and losers are in 2022-2023 budget
Apr 08, 2022 at 07:52 PM
The Cabinet Secretary for National Treasury and Planning Ukur Yatani tabled the 2022/2023 budget estimates on Thursday....
Petrol to retail at Sh123.23 if parliament adopt proposed tax changes
Oct 13, 2021 at 05:13 PM
The price of fuel is set to decline with petrol expected to retail at Sh123.23 in Nairobi should the National Assembly adopt the Finance and National Planning Committee recommendat...
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