The Kenya Revenue Authority (KRA) has recently been ranked as the third-best performing parastatal in Kenya, according to an extensive report compiled by Kenya Trak Research Firm. This ranking highlights …
Taxes
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I came across a story where the Kenya Revenue Authority (KRA), had slapped a Kenyan startup, PesaPal, with 233 million shillings in taxes. The story claimed that PesPal had “lost” …
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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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Total revenue collected as of the end of February 2022 amounted to 1,192.8 billion shillings, equivalent to 67.2 percent of the original estimates of 1,775.6 billion shillings and is 100.8 …
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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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“Tax law must be validly enacted and enforced. Failure to do so creates illegality. Where tax laws are prescriptive, there is no room for intendment or inference
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Running a business is not a walk in the park. It needs committment and the will to always move on no matter what.
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The coming of Covid-19 has affected virtually every sector in Kenya. Thousands of businesses have shut down after it became difficult for them to remain afloat and thousands of others …