In this article, I’d talked about Safaricom playing a major role in Kenya’s economic growth and being one of the main key drivers of a dynamic private sector that continues…
Read MoreIn this article, I’d talked about Safaricom playing a major role in Kenya’s economic growth and being one of the main key drivers of a dynamic private sector that continues…
Read MoreAt the beginning of 2020, Turnover Tax (TOT) officially came into effect. TOT is the tax payable by small businesses whose gross sales do not exceed Ksh5 Million per year….
Read MoreKenya’s tax system is based on tax declaration, more often taxpayers do not disclose either by design or omission of their income sources forcing stringent follow-ups by the Kenya Revenue…
Read MoreA Nairobi High Court has allowed Kenya Revenue Authority to collect Withholding Taxes from shipping lines on container demurrage charges. The Withholding Tax from different shipping lines amounts to over…
Read MoreThe Kenya Revenue Authority (KRA) has arraigned a clearing and forwarding agent in court for evading taxes amounting to more than Ksh 97 million. The accused, Dickson Ogola, was arraigned…
Read MoreCapital Markets Authority has ordered all foreign exchange brokers and money managers to cease and desist from trading, conducting sensitizations in Kenya and onboarding Kenyan investors or managing online foreign…
Read MoreEvery country needs basic verifiable information on its residents to aid in the planning, development, and improvement of the residents’ quality of life. Good planning is based on reliable, up-to-date,…
Read MoreKRA will today appear in a joint committee session following the recent sustained crackdown on contraband goods. The Speaker of the National Assembly Hon Justin Muturi has directed that issues…
Read MoreKenya Revenue Authority (KRA) in conjunction with the Organisation for Economic Co-operation and Development (OECD) will be hosting a two week training to equip financial crime investigators, prosecutors, financial analysts, and judicial…
Read MoreThe Treasury yesterday gave the clearest signal yet that it will vigorously pursue gamblers for a share of the lottery and betting windfalls with a planned re-introduction of a 20…
Read MoreFiling of 2017 tax returns, which started on January 1 this year and runs up to June 30, enters the third month in a week’s time setting the stage for…
Read MoreDid you file your 2015/2016 taxes? Well, the Kenya Revenue Authority is stepping up its hunt for citizens and businessmen who missed the June 30, 2017, deadline. According to the…
Read MoreNew PAYE Rates Monthly Taxable Pay (Ksh.) Annual Taxable Pay (Ksh.) Rate of Tax Up to 11,180 Up to 134,164 10% 11,181 – 21,714 134,165 – 260,567 15% 21,715 –…
Read MoreKenya Revenue Authority (KRA) officers at Jomo Kenyatta International Airport (JKIA) have intercepted a consignment of foreign currency enroute Fuerth, Germany. The consignment consisting of 2,350,000 Congolese Franc, Ushs. 21,200,000,…
Read MoreFor quite some time the Kenya Revenue Authority (KRA) has been pondering on how to collect Value Added Tax (VAT) from the taxi transport system. Initially KRA had opted to…
Read MoreKenya Revenue Authority has begun the roll out of the Pre-arrival Cargo Clearance System (PVOC) aimed at speeding up the movement of Cargo from the Port of Mombasa to intended…
Read MoreKRA has an app to scan the stamps on consumer products to check if they are genuine or not. There are tons of counterfeit products in the market from dry…
Read MoreOne thing the government has been doing since Kibaki’s time is to expand tax base in order to collect more and more of the much needed revenue, and one such…
Read MoreThe Kenya Revenue Authority (KRA) missed its half year tax collection targets by Sh47.6 billion. This will affect the economy since the budget will be ‘little’. The treasury provided that…
Read MoreThe Kenya Revenue Authority (KRA) won the Marketing Society of Kenya (MSK) award. The Authority’s efforts to transform its domestic taxes service provision capacity through the iTax solution platform received…
Read MoreSmall and medium sized enterprises will not have an opportunity to enjoy full profits from their products since KRA is targeting small and medium enterprises. Well, it’s widely known KRA…
Read MoreLandlords who will heed to KRA’s window period to file tax records within the given time will not face penalties. To reinforce the call of amnesty, the Authority body has…
Read MoreHere is a list of authorized manufacturers and importers Pursuant to Section 90 and Section 116 (B) of the Customs and Excise Act, CAP 472 of the Laws of Kenya,…
Read MoreAmid calls of amnesty by the Kenya Revenue Authority to individual landlords to file their taxes as from year 2013, the body has also hinted on a data matching and…
Read MoreFor the longest time, Kenya Revenue Authority has been blamed by manufacturers for failure to properly coordinate implementation of legal requirements which has for the longest time closed out manufacturers…
Read MoreThe Kenya Revenue Authority (KRA) has been awarded the Best Award and Exhibition Experience at the just concluded 5th Edition of the African Public Service Day held in Brazzaville,…
Read MoreKenya Revenue Authority has sealed a major milestone in its organizational transformation journey, with the registration of its 2 millionth iTax client . As at midnight Tuesday (30th June), the KRA’s, taxpayer recruitment drive,…
Read MoreKenya Revenue Authority has in the recent past made efforts to make tax payment easy by providing digital platforms. First, the Authority body rolled out online services in which tax…
Read MoreKenya Revenue Authority (KRA) has extended its iTax support services to an additional 16 Huduma centres bringing the total number of service centres to 22 The expansion has increased KRA’s…
Read MoreThere is no escaping the great leaps in technology and just about everyone is now either on that bandwagon or making active plans to get onto it. In 2012, Kenya…
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