Tag: itax

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KRA Deadline Day: Inside Scramble to File Tax Returns

Many have been filing returns in a bid to avoid stiff penalties. Failure to file annual returns by the due date attracts a penalty of additional tax equal to 5% of the normal tax, or Ksh. 10,000 for Non-Individual Taxpayers.

KRA Optimizes iTax Ahead Of Tax Returns Deadline

The Kenya Revenue Authority (KRA) has enhanced the iTax system in readiness for high traffic ahead of the 2020 annual income tax return deadline,...

Tax Returns: KRA Steps Up Efforts To Avoid Last-Minute Rush

The 1st of January, 2021, marked the beginning of the tax return filing season for the 2020 income year. All annual tax returns for the year 2020 for individuals and for entities with a December year-end should be submitted online through the iTax platform on or before 30th June 2021. To handle increased traffic to both its website and offices, the tax man has extended working and will operate even on weekends.

Automation Of Customer Support No Longer Optional  

Automation: I recently stumbled upon an old photo showing a meandering queue of taxpayers outside Times Tower, Nairobi, waiting to submit their annual tax...

Do Not Wait Until the Last Minute to File Taxes, File Your Annual Returns Now

As we reflect on 2020, the Kenya Revenue Authority (KRA) reminds all taxpayers that the filing of annual tax returns for the year 2020 is on course. The exercise is meant for individual taxpayers and business entities whose accounting period runs from January to December.

Beat Deadline by Filing Tax Returns on New KRA M-Service App and iTax

January 1st, 2021 marked the beginning of the tax return filing season for the 2020 year of income. All annual tax returns for the year 2020 for individuals and for entities with a December year end should be submitted online through the iTax platform on or before 30th June 2021.

KRA’s Voluntary Tax Disclosure Program to Improve Revenue Collection

The VDTP provides a platform for a taxpayer to disclose tax liabilities that were previously undisclosed to the Commissioner for the purpose of being granted relief of penalties and interest arising from the tax disclosed.

Digitization Should Enhance – and Not Impede – Tax Compliance

One of the platforms that KRA uses to engage scholars and members of the public on tax matters is the annual tax summit.

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