Kenya Revenue Aut**rity (KRA) has put on notice individuals engaged in online businesses w** do not pay taxes.
In a public notice, the taxman said it had has noted that some taxpayers carry on online business but they do not file returns or pay taxes on the transactions.
“KRA would like to advise that unless income or supply is expressly exempt in the law, appropriate taxes s**uld be paid. KRA would therefore like to remind the taxpayers that the self-*****sment regime requires them to file and pay taxes which may include; VAT, Excise Duty, Wit**lding tax, PAYE, Corporate taxes and any other tax obligation required under the business,” said the notice.
According to KRA, taxpayers w**se annual taxable turnover is Ksh 5 m***ion and above s**uld register for VAT obligation and charge tax, while t**se w**se turnover is below Ksh 5 m***ion s**uld pay presumptive tax.
“Further, note that KRA w*** facilitate taxpayers w** need ***istance to enable them to declare taxes. To this end, all taxpayers engaged in online trading in goods and services are invited for a sensitisation forum on 17th May, 2019 from 8:30 am to 11:00 am at Hilton **tel,” the notice added.
KRA is projecting a 40% growth on the rate of tax returns compliance this year with more than four m***ion taxpayers expected to submit their returns on the iTax Platform by 30th June 2019.
It recently rolled out a public campaign dubbed Tujijenge (Let’s build ourselves) on digital, radio and print media platforms.
The campaign seeks to encourage taxpayers to comply with their tax obligations by filing their 2018 income tax returns . KRA further encourages Corporates and Business Owners to pay their 2018 tax dues by 30th April 2019.
Speaking d****g the launch of the campaign, KRA Commissioner for Domestic Taxes, Elizabeth Meyo said that domestic revenue collections plays a critical role in sustaining economic development.
Read: Equity Group Q1 profit grows 5% to Ksh 6.15 billion
“Through our collective tax contributions, the government has been able to successfully ensure development of infrastructure and other projects across the country,” Meyo said.
2 Comments