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More on Tag: Tax
14 Jan 2022
Key tax changes to look out for in 2022
On January 1, 2022, several key tax amendments contained in the Finance Act, 2021 (the Act) took effect. We take a look at these changes and the likely impact on taxpayers. Requirement for multination...
17 Dec 2021
The State applauds KRA’s revenue mobilisation efforts with a record number of Awards and Honours
The Kenya Revenue Authority (KRA) has welcomed the highest number of decorations ever accorded to its staff members; by the State at the recent 58th Jamhuri Day Celebrations. In recognition of th...
15 Oct 2021
15th October 2021 Political and Regulatory Round Up
KRA ASSURES ON THE INCLUSIVE FRAMEWORK ON BASE EROSION AND PROFIT SHIFTING The Kenya Revenue Authority (KRA) has allayed fears on the possible loss of revenue from multinational technology firms follo...
14 Aug 2021
Taxation in Sports
Kenya was the leading performer in Africa in the recently concluded 2021 Tokyo Olympic games having won four golds, four silvers and two bronze that further jolted the country to 19th on the global me...
16 Jul 2021
Key Strategies in the Transformation of Kenya’s Tax Administration
Dr Mohamed Omar – KRA Commissioner – Strategy, Innovation and Risk Management Tax systems go through changes over time, as economies and societies equally evolve. Tax administration in Kenya has b...
3 Jul 2021
More than 5.5 million taxpayers file returns as filing period closes
More than 5.5 million taxpayers filed their tax returns for the year 2020 as the filing period officially closed at midnight on Wednesday 30th June 2021. This means that 1.1 million more taxpayers tur...
3 Jul 2021
Unfavourable tax policies that continue to constrain the growth of the sorghum value chain
The story of sorghum based beer in Kenya illustrates the importance of government policy for the development of smallholder value chains. This has been evidenced by the changes in tax policy for sorgh...
25 Jun 2021
File your Annual Tax Return to avoid penalties for Non-compliance
By Rispah Simiyu Worldwide, a good tax compliance score is a fundamental aspect for the smooth running of any business or any profession. Contrary to popular belief, tax compliance is not entirely d...
25 Jun 2021
The Kenya Revenue Authority launched the 8th Corporate Plan 2021/2022 – 2023/2024
This Plan is the eighth in the life cycle of the Authority and runs under the Theme: Revenue Mobilization through tax simplification, technology-driven compliance and Tax Base expansion. In this Plan,...
14 May 2021
Finance Bill, 2021
TAX AMENDMENTS HIGHLIGHTS Introduction: The Finance Bill, 2021 was published on 05th May 2021. The reason for publishing the Bill early, as was the case in 2020, was to comply with the ruling by Justi...
23 Apr 2021
A ruling against Minimum taxes
Earlier this week, the High Court of Kenya vide a ruling in the Constitutional Petition No. E005 of 2021, a case of Stanley Waweru & 3 others (the Petitioners) V National Assembly, the Commissione...
27 Mar 2021
KRA appoints two Commissioners to enhance leadership capacity
The Kenya Revenue Authority (KRA) has announced two substantive Commissioners’ appointment as part of an ongoing leadership capacity enhancement programme. KRA’s Commissioner General Githii Mburu ...
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