Home FEATURED STORY Over two m***ion Kenyans face heavy tax return penalties

Over two m***ion Kenyans face heavy tax return penalties

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Fifty per cent of the 4.8 m***ion registered taxpayers — 2.4 m***ion people — failed to meet Kenya Revenue Aut**rity’s (KRA) June 30 ****line for filing returns, official data s**ws.

The number is higher than the 2.3 m***ion Kenyans w** breached the tax return filing ****line within the same period in the 2015 financial year.

According to the Tax Procedures Act 2015, failure to meet the ****line is an offence which attracts a Sh10,000 fine or 25 per cent of salar*** workers’ tax b***, Sh5,000 in case of SMEs which are subject to turnover tax, and Sh20,000 or five per cent of tax liability on other business incomes.

“We intend to start de-activating individual and company pins that are not migrated to the iTax system,” said Judith Njagi, Chief Manager Taxpayer Services Nairobi Region.

Ms Njagi told the Business Daily’s Bonface Otieno in Nairobi that the move would compel non-compliant taxpayers to file their returns as blocked pins cannot transact any business until they are activated.

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She said that the penalty for late f***ing of tax returns for t**se employed w*** amount to a penalty of 25 per cent of tax due or Sh10,000 depending on which is higher.

The penalty is Sh50,000 for turnover tax which is paid on a quarterly basis, and any other case is five per cent of tax due or Sh20,000.

The penalties were enacted under the Tax Procedure Act number 29 of 2015 but KRA has not been implementing them. For failure to submit a tax do***ent as required by law, one w*** be charged Sh1,000 per day, maximum Sh50,000.

Other unspecif*** tax return related offences w*** attract fines not exceeding Sh500,000 or im******ment for a term not exceeding three years, or both. To net more taxpayers ahead of the ****line, the taxman intensif*** a***eness campaigns through mobile clinics.

With**lding tax on rental income was meant to facilitate collection of tax on rental income.

The appointed agents are required by law to with**ld the tax and remit it to KRA via iTax by the 20th day of the following month. The taxman also collaborates with employers to issue out P9 forms to facilitate workers file their returns.

“This was done through taxpayer visitations, letters and the KRA digital campaign Mkenya Mtrue,” Ms Njagi said.

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BUSINESS DAILY -

Business Daily is Kenya's only daily business newspaper published by the Nation Media Group. The newspaper, launched in March 2007, is published from Monday to Friday, with the Friday edition circulating over the weekend. It is based at the Nation Centre in Nairobi.

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