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THE TAX LAWS (AMENDMENT) ACT, 2020

The Tax Laws (Amendment) Act, 2020 On Saturday 25th April 2020, President Uhuru Kenyatta signed into law the Tax (Amendment) Bill,2020 effectively cushioning Kenyans against

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Instalment Tax in Kenya

Meaning of Instalment Tax in Kenya? Instalment tax is estimated income tax paid to KRA periodically, to cover the total tax payable for the year

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New PAYE and VAT Rates in Response to COVID-19 Pandemic in Kenya

New PAYE and VAT Rates in Response to COVID-19 Pandemic in Kenya Taxes play a fundamental role in Kenya’s sovereignty. We significantly fund our national

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Use of Alternative Dispute Resolution (ADR) in Tax and Customs Disputes

Use of Alternative Dispute Resolution (ADR) in Tax and Customs Disputes The use of Alternative Dispute Resolution (ADR) mechanism in resolving disputes is anchored under

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Land Rent

Land Rent Kenya Revenue Authority and Ministry of Lands & Physical Planning notify all leasehold owners about the obligation to pay land rent annually as

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ECONOMIC MEASURES TO CURB THE ADVERSE EFFECTS OF COVID-19 IN KENYA

ECONOMIC MEASURES TO CURB THE ADVERSE EFFECTS OF COVID-19 IN KENYA President Uhuru Kenyatta on Wednesday 25th March 2020 announced a raft of measures to

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Amendment of VAT Rate and the State Curfew

Kenya Gazette Supplement No. 30 […]

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Payment of Stamp Duty and Capital gains tax

Kenya Revenue Authority informs the public that it is in the process of simplifying the Stamp Duty payment process on the iTax system and thereby

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Implementation of the Unified Payroll Return (PAYE/NSSF)

The Kenya Revenue Authority and National Social Security Fund(NSSF) would wish to inform the public that a unified payroll return has been developed for joint

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Fringe Benefit Tax, Deemed Interest Rate and Low Interest Benefit

FRINGE BENEFIT TAX For the purposes of Section 12B of the Income Tax Act, the Market Interest Rate is 7%. This rate shall be applicable

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Provision for Bad Debts

In accordance with section 15(2)(a) of the Income tax Act, the Commissioner General issues guidelines on the provision for bad debts for tax purposes. The

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Simplified process of Tax Compliance Certificates

Kenya Revenue Authority wishes to notify the public that it has enhanced the Tax Compliance Certificate (TCC) application process to a full self-serviced process managed

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Validation of VAT credits

Kenya Revenue Authority reminds all registered taxpayers that it is a requirement under the law to make full and accurate disclosures of all taxable transactions

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Migration of Legacy Ledger Balances to iTax

KRA is undertaking a reconciliation exercise of the taxpayers’ accounts in the old system to establish the correct tax balances. The balances will thereafter be

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Tax Made Simpler – Turnover Tax and Presumptive tax

All Kenyans will now be paying their fair share of taxes. Following the recent amendments to the law, the government has introduced a simpler tax