KRA has hit the one trillion mark after collecting Kshs 1.005 Trillion as of 30th November, 2024 reflecting an upward trajectory in revenue collection, compared to previous financial year (2023/2024), …
KRA
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Kenya Revenue Authority (KRA) has unlocked KES 21.9 billion through the Alternative Dispute Resolution (ADR) mechanism. This was following the conclusion of 1,184 cases in the Financial Year 2023/2024. This achievement is attributed to the improvement of the tax dispute resolution rate …
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The Kenya Revenue Authority (KRA) is urging all taxpayers to update their phone numbers on the iTax platform, aiming to boost revenue collection and reduce tax evasion. This update process …
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Kenya Revenue Authority (KRA) has surpassed its October 2024 revenue target after recording a 7.3% growth in revenue collection. KRA collected Kshs 210.429 Billion against a target of Kshs 203.469 …
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Governance
KRA Sets The Record Straight On The Alleged Loss Of Ksh 62 Billion In Taxes On Palm Oil Importation Scandal
The Kenya Revenue Authority (KRA) has affirmed that the country did not lose any tax revenue through the importation of palm oil by Louis Dreyfus Company (K) Ltd. between 2023 …
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The Kenya Revenue Authority (KRA) Commissioner General Mr. Humphrey Wattanga has announced that KRA will be going ham in embracing Artificial Intelligence to enhance revenue collection and reduce tax evasion …
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The much-awaited Kenya Revenue Authority (KRA) Tax Summit 2024 has officially kicked off today at the iconic Safari Park Hotel, Nairobi. Bringing together an impressive array of local and international …
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Kenya Revenue Authority (KRA) has progressively reduced the period it takes to process Value Tax (VAT) refunds by 59.8% from 102 days in the Financial Year 2020/2021 to 41 days as of June 2024. This …
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Kenya Revenue Authority (KRA) has intercepted a smuggled consignment containing ethanol valued at Ksh 5.2 million during a recent operation in the Mumias area. Acting on credible intelligence, KRA officers …
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In recent times, the Kenya Revenue Authority (KRA) has faced a barrage of criticism, accused of being the grim reaper for businesses, particularly small and medium-sized enterprises (SMEs). The narrative …
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If you are looking for a phone, laptop or even shirts, then the Kenya Revenue Authority (KRA) has you covered with the announcement of a new auction that has kicked …
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KRA has intercepted illicit goods valued at Ksh. 5.766 Billion from the market. Between July 2021 and June 2024, KRA placed stringent measures that led to significant interventions involving 15,848 …
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The Tax Appeals Tribunal has dismissed an appeal by the M-Pesa Foundation Charitable Trust (‘Mpesa Foundation’), challenging the decision by the Kenya Revenue Authority (KRA) to assess and demand payment …
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The Cabinet Secretary for the National Treasury and Economic Planning, Hon. John Mbadi, has urged the Kenya Revenue Authority (KRA) to adopt more innovative and technologically advanced strategies to enhance …
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It is now official that all businesses, both corporates and SMEs will have to generate their invoices through the Kenya Revenue Authority platform, eTIMS. KRA has made the process of …
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The Kenya Revenue Authority (KRA) has announced that all businesses, including those in the Informal Sector and Small Businesses, must electronically generate and transmit their invoices to KRA via the …
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When the Kenya Revenue Authority (KRA) first rolled out the requirements of eTIMS for non-VAT businesses and individuals; that is billing and generating invoices for sell of products and services …
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The Kenya Revenue Authority (KRA) and the National Treasury have suspended tax reliefs with “immediate effect” to evaluate “the whole process.” In a statement, KRA says that in the past …
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The National Treasury’s plan to increase fees for excise stamps by up to 317% is another gift for criminals involved in illicit trade and another setback for consumers already battling …
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The Kenya Revenue Authority (KRA) is set to launch its own TV on Monday, October 3. The television will be “web-based” and will be known as KRA TV. “This is …
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What KRA is doing to businesses is like shooting dead someone who owes you money then starts demanding the same money from the corpse.
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Revenue Authority (KRA) held an online session to enlighten Kenyans on the implementation of the Digital Services Tax (DST), leaving participants with more questions than answers. The DST is expected …
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By Brian Wafula Kenya might not be amongst the countries with the highest imposed tax rates, but at this rate of taxation, it is almost clear that individuals living below …
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What are taxes? Why should you pay them? Who should pay them? The truth is, if taxes were optional, no one would ever pay them. Nonetheless, Kenyans pay taxes. Some …
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The Kenya Revenue Authority has collected a total of 1.365 trillion shillings in taxes, missing the target by only 0.8 percent, a great improvement from the previous years. The taxman …