KRA taxes Stories

Kenyans brace for higher taxes as new levies take effect
Lucy Mumbi  |  Jan 17, 2025

From February, salaried employees will face a doubling of their National Social Security Fund (NSSF) contributions.

Finance Committee concludes public hearings on proposed tax amendment bills
Maureen Kinyanjui  |  Nov 30, 2024

The hearings saw participation from over 150 organisations and individuals who provided insights on various provisions within the bills.

Wealth tax proposal could generate Sh100 billion for Treasury – report
Maureen Kinyanjui  |  Nov 22, 2024

For the wealthiest individuals with assets over $100 million, the NTA recommends a 5 per cent wealth tax.

Public hearings begin on Tax Laws Amendment Bill, 2024
Lucy Mumbi  |  Nov 18, 2024

The Bill is expected to raise Sh178 billion to support the 2024/2025 national budget by revising key tax categories, including excise duty, income tax...

Kalonzo vows to lead street protests against proposed tax reforms
Maureen Kinyanjui  |  Nov 11, 2024

Musyoka has bashed the government's proposal, stating that increased taxes would add to the financial strain on Kenyans, while benefiting only a small...

Treasury spares milk, bread from VAT hike, targets airline industry in new tax review
Lucy Mumbi  |  Nov 07, 2024

Air tickets, aircraft parts, and related services will now be subject to the levy.

Parliamentary Budget Office warns govt against imposing new taxes
Lucy Mumbi  |  Nov 04, 2024

The PBO warned that the Treasury’s ambitious revenue goals may not be achievable through new taxes alone, especially given recent missed revenue targe...

KRA recovers Sh4.22 billion aided by public reports on corruption, tax evasion
Lucy Mumbi  |  Nov 03, 2024

The recovery followed 883 reported cases from the public, with 255 KRA staff members currently under investigation over allegations of misconduct link...

Kenya to track mobile phone imports for tax compliance starting January
Lucy Mumbi  |  Oct 24, 2024

Local assemblers, importers, retailers, wholesalers, and mobile network operators will be required to upload the International Mobile Equipment Identi...

State now targets professionals, landlords to increase tax revenue
Maureen Kinyanjui  |  Oct 17, 2024

TRthese sectors have not been contributing their fair share of taxes, placing a heavier tax burden on the majority of Kenyans.

KRA slashes VAT refund processing time by 61 days
Maureen Kinyanjui  |  Sep 24, 2024

KRA noted that these measures align with legal requirements to process claims within specific timeframes, ultimately encouraging businesses to comply...

KRA extends working hours to boost filing of taxes ahead of June 30 deadline
Maureen Kinyanjui  |  May 28, 2024

Beginning June 3 to June 30, 2024, from Monday to Friday the taxman will be operating for 12 hours at their service centres, contact centres and selec...

KRA issues new rules for importing duty-free cars
Lucy Mumbi  |  Jan 31, 2024

For duty-free items, returning residents are allowed to import one motor vehicle, excluding buses and minibuses of seating capacity of more than 13 pa...

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