Tag: Tax

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Experts Take on Tax Measures Proposed In Finance Bill 2021

Deloitte today released its analysis of the Finance Bill 2021, taking a deep dive into the proposed measures, the persons to be affected and,...

KRA Intercepts 6000 Litres of Ethanol Worth Ksh2.2 Million Tax

The interception happened after KRA officers received information that Directorate of Criminal Investigations Officers (DCIO) based in Kayole had seized a Mitsubishi FH lorry with 25 drums 250 litres of a colourless liquid suspected to be ethanol.

KRA Warns Kenyans on Fraudulently Registered Vehicles

He noted that some of these vehicles may have been sold to innocent Kenyans who are not part of the scheme. Being in possession of motor vehicles for which duty has not been paid is an offence under section 200 (d) (iii) as read together with section 210 (c) of the East African Community Customs Management Act 2004.

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.

KRA Shines Spotlight on Solar Lighting Firm Executive

KRA investigations established that Keflogic Systems Ltd was contracted by the Uasin Gishu County to provide solar street lighting.

No Long Waits for KRA Refunds

The amendment to the Value-Added Act, 2013 will see taxpayers no longer wait for tax refunds from the Kenya Revenue Authority (KRA). The tax-payers will...

Post-Budget: More taxes but government still hard up

As expected, there were no significant shifts in budgetary allocations across sector priorities. The Big 4 Agenda was at the heart of the rhetoric...

Analysts link fall in shilling purchasing power to CBK manipulation

The purchasing power of Kenyans was eroded by 50% over the last ten years, increasing the cost of living and leaving many people with...

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