KRA tax relief Stories
The amnesty, which was first rolled out in 2023 and later revived in December 2024, targets penalties and interest on tax liabilities accumulated up t...
According to KRA, real-time access to financial data would boost tax compliance and curb evasion, given that only half of registered taxpayers curren...
Mbadi said the Treasury was also considering a reduction in corporate tax rates from 30 per cent to 28 per cent, but this too was shelved due to simil...
Although the Bill does not propose a direct tax on fertiliser, the shift from zero-rated to tax-exempt means manufacturers will no longer be able to r...
The second phase of the programme, launched in December, targets penalties and interest accumulated up to December 2023.
According to KRA, over 1.9 million taxpayers have benefited from the initiative after settling their principal taxes for liabilities incurred up to De...
This measure aims to ease financial strain, enabling businesses to recover and grow. It is also expected to improve tax compliance and boost the econo...
In a notice, the authority said the change is outlined in the current stipulations of the Income Tax Act.
Mboya’s petition criticised the government for allegedly unfairly introducing the framework, citing that Blue Nile Rolling Mills (BNRM) and 17 other c...
