KRA eRITS System Set to Streamline Tax Compliance by Landlords
In his remarks, KRA Commissioner General, Humphrey Wattanga has said the eRITS system is a voluntary compliance tool that aims ...
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Tag: Kenya Revenue Authority
KRA Collects Kes 154 Billion Taxes in Q2 2021/22, a 23.2% Growth
Kenya Revenue Authority(KRA) collected Kes 154.383 Billion in Q2, 2021/22 financial year, a performance rate of 108.5% and a growth ...
Read moreDetailsKRA Surpasses 4-Month Revenue Collection Target in October, Nets 154 Billion
KRA had a surplus of Kes.5.9 billion in revenue from Domestic Taxes where Kes. 96.6 billion was collected against a ...
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Relief as High Court Declares Minimum Tax Unconstitutional
The high court has declared minimum tax provisions unconstitutional and its tax guidelines void. In its judgement, the High Court ...
Read moreDetailsKRA Records 29% Jump in Tax Collection in for July to Kes 121.8 Billion
The Kenya Revenue Authority (KRA) has seen its rebound in tax revenue collections continue into the new financial year booking ...
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More Pain for Consumers as KRA Adjusts Inflation on Specific Rates of Excise Duty 2021
Kenyans are set to pay more for bottled water, fuel, beer and juice starting October after the Kenya Revenue Authority ...
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KRA Gazettes Plans to Auction Kenya Power Transformers
The Kenya Revenue Authority (KRA) has announced plans to auction Kenya Power transformers if 30 days elapse before they clear ...
Read moreDetailsKRA Collection Hits Eight Year High of Kes 1.67 Trillion in FY2020/21
The Kenya Revenue Authority(KRA) tax collection reached an eight-year high of Kes 1.669 Trillion during the financial year 2020/21 compared ...
Read moreDetailsIncome Tax Collected Falls by 1.3% in First 11 Months of FY20/21
Data published on the Kenyan Gazzette shows Income Tax in Kenya for the first 11 months of the fiscal year ...
Read moreDetailsFiling Your KRA Returns – A step by Step Guide as Deadline Looms.
KRA is here as the taxman, is mandated to assess, collect and account for all tax returns underwritten laws and ...
Read moreDetailsKRA Records 23.9% Revenue Collection for April
KRA recorded improved collection in all revenue streams where Customs & Border Control net the taxman Kes. 54 billion against ...
Read moreDetailsHigh Court Suspends Collections of 1% Minimum Tax
The Minimum Tax which is calculated at the rate of 1% of gross turnover was introduced by the National Treasury ...
Read moreDetailsKRA Surpasses Monthly Target as Tax Collection hits Kes 144.6 Billion
The latest data from the Kenya Revenue Authority (KRA) has shown that revenue collection increased to Kes 144.6 Billion for ...
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Safaricom Awarded as Top Taxpayer by the Kenya Revenue Authority
In FY20, Safaricom paid Kes98 billion in duties and taxes, in addition to Kes 20 billion in dividends to the ...
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Startups Could Received Exemption from Digital Service Tax
Entrepreneurs have been advised to take advantage of the government’s move to automate most of its services and come up ...
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Kenya Records a 10.7 % Rise in Remittances to US$3,094 million in 2020.
Kenya has recorded a 10.7 % rise in remittances from US$2,796 million in 2019 to a record high of US$3,094 ...
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