Kenya Revenue Authority (KRA)

93 Articles
KRA's Times Tower Headquarters in Nairobi
BUSINESS

KRA Set To Appreciate, Honour Compliant Taxpayers

Kenya Revenue Authority (KRA) has launched the annual Taxpayer’s Month to celebrate compliant taxpayers for their patriotic act of dutifully remitting their taxes....

Matatus at a bus terminus in Nairobi. They will pay between Ksh1,630 and Ksh5,000 more in seasonal parking fees after KRA revised the discounted fees.
BUSINESS

KRA Ends Nairobi Parking Fees Relief, Matatus Cry Foul

The increase has been vehemently opposed by matatu operators who argue that it puts immense strain on their business forcing them to pass...

The minimum tax was applicable to businesses regardless of whether they make a profit or not.
BUSINESS

Minimum Tax Declared Illegal – How Kitengela Bar Owners Saved Kenyans

Justice George Odunga on Monday, September 20 issued a ruling barring the Kenya Revenue Authority (KRA) from collecting minimum tax from businesses, further...

The accused persons are liable to imprisonment for a term not exceeding five years or to a fine equal to fifty percent of the dutiable value of the uncustomed goods involved, or both if convicted.
BUSINESS

2 Charged for Possession of Contraband Cigarettes Worth Ksh146,000 Tax Value

The two suspects were arrested on 13th August 2021 at Lanet area within Nakuru County after being found with Supermatch cigarettes  affixed  with ...

Modern Monetary Economists are of the view that the way forward into sufficient Government revenue isn’t via a heavy dependence on taxation but on new models. [Photo/ Dreamstime]
BUSINESSECONOMYOPINION

OPINION: The Unnecessariness of Taxes

In money creation, the lens the government perceives taxes changes. The question of where to find money becomes the easiest question to answer.

BUSINESS

KRA Seizes Ksh80 Million Worth of Diverted Goods

Anyone found guilty of the offence is liable to a fine not exceeding fifty per cent of the value of the goods and...

The National Treasury on August 10, 2021 invited local and foreign companies to bid for the design, development, installation and maintenance of a new e-procurement system.
BT memoBUSINESSOPINION

New Govt Portal to Process All Public Tenders – Gamechanger or Liability?

The jury remains out on whether the introduction of the e-procurement system will be able to put a dent in the country's high-powered...

The upward review of excise duty on 31 products looks set to force Kenyan households to dig deeper into their pockets even as many continue to experience economic hardships occasioned by the Covid-19 pandemic.
BUSINESSECONOMY

You Will Pay More for Water, Alcohol and Boda Bodas as KRA Raises Tax

Unlike in previous years, KRA will be required to get Parliamentary approval to effect the increase following changes to the law introduced in...

While in the employment of the Authority, Patrick Chege made an objection decision on behalf of the Commissioner, the subject of the current appeal at the Tribunal by ICEA Lion Life Assurance Company that he sought to represent in the proceedings.
BUSINESS

Ex-KRA Staff Barred from Representing ICEA Lion in Tax Dispute

Having made the objection decision for the Commissioner of Domestic Taxes, Mr. Chege could not represent the company against the Commissioner over the...