FEATURED STORY

Taxman Wins Case to Collect Sh72mn From Hotel

Share
Times Tower. The KRA headquarters in Nairobi
Times Tower. The KRA headquarters in Nairobi.
Share

The Tax Appeals Tribunal has ruled in favour of KRA in a case filed by Kisii Safari Inns Ltd T/A Kaskazi Beach Hotel challenging the collection of taxes amounting to Ksh74.26 million.

The Tax Appeals Tribunal in a ruling delivered on September 11, 2020 dismissed the Taxpayer’s application for extension of time to file an appeal out of time.

The taxpayer had failed to file an appeal within the statutory stipulated timelines.

The taxpayer filed an application seeking to have time enlarged in order to appeal to challenge the enforcement measures initiated by the Revenue Authority to collect the outstanding revenue.

KRA opposed the application on the ground that the taxes it sought to collect were based on taxpayer’s own self-assessments.

KRA further argued that the taxpayer had admitted owing the taxes demanded but had failed to make payments or present an agreeable payment plan as provided for under the Tax Procedures Act 2015.

While agreeing with KRA, the Tax Appeals Tribunal held that it was unable to extend time for the taxpayer to file an appeal unless and until the Taxpayer pays the undisputed taxes.

This means that KRA will not allow taxpayers to file appeals on matters with admitted tax liabilities.

See Also>>>> Tribunal Upholds KRA’s Sh60mn Tax Demand From Trader

Written by
BT Correspondent -

editor [at] businesstoday.co.ke

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
Stima Sacco
BUSINESSNEWSSACCOs

Stima SACCO Inches Closer to Top Spot as Balance Sheet Size Hits KSh 75.3 billion

Stima Deposit-Taking Savings and Credit Cooperative Society grew its balance sheet size...

KUSCCO HEADQUARTERS IN UPPER HILL, NAIROBI
BUSINESSNEWSSACCOs

KUSCCO Urged to Rebrand and Salvage its Tattered Image

KUSCCO (Kenya Union of Savings and Credit Cooperatives) should consider rebranding and...

Sanlam Allianz Life Insurance (Kenya) Limited Chief Executive Officer Ms. Jacqueline Karasha (left) joins Sanlam Allianz Holdings (Kenya) PLC Group CEO Dr. PatrickTumbo (centre) and SanlamAllianz General Insurance top manager
BUSINESSINSURANCEMARKETSNEWSSTOCKS

Sanlam Alliance Holdings( Kenya) Group Plc Net Earnings Hit KSh 959.3m

Sanlam Allianz Holdings( Kenya) Group Plc, formerly Sanlam Kenya Plc recorded a...

John Okulo poached from KCB to become Sidian Bank CEO
BUSINESSNEWSSMART MONEY

Sidian Bank Picks on John Okulo from KCB Group as its New CEO

Sidian Bank, a hitherto colourless Tier II lender, has appointed John Okulo...