The lawyers' lobby, in its case against Kenya Revenue Authority, Parliament, and Attorney General, argues that an upward adjustment of excise duty will further ...
“The fact that it has been brought prematurely, there is no case. “What we are challenging is the adjustment of stamps. [Sh1 trillion tax 'debt' at heart of KRA purge](https://www.standardmedia.co.ke/business/article/2001467931/sh1-trillion-tax-debt-at-heart-of-kra-purge) [Why Kenyan manufacturers cannot compete with Chinese imports just yet](https://www.standardmedia.co.ke/business/article/2001467996/why-kenyan-manufacturers-cannot-compete-with-chinese-imports-just-yet) [Price hike looms as State disowns cheap electricity promise](https://www.standardmedia.co.ke/business/article/2001467871/price-hike-looms-as-state-disowns-cheap-electricity-promise) Whatever grievance LSK has, it can be submitted to the National Treasury,” the AG asserted, adding that public interest lies in favour of the government as the stamps will ensure that products are effectively traced and consumers pay for the same. The judge heard that there is a legal notice for the court to act on. [manufacturers in Kenya](https://www.standardmedia.co.ke/business/article/2001467996/why-kenyan-manufacturers-cannot-compete-with-chinese-imports-just-yet) against their counterparts within the region. They argue that LSK has jumped the gun as the new excise duty proposal is yet to become law with the AG telling the court the government is seeking public comments. [KRA](https://www.standardmedia.co.ke/business/business/article/2001467931/sh1-trillion-tax-debt-at-heart-of-kra-purge) should increase the price of excise stamps as they are only meant to weed out counterfeits. “The implication of this is that manufacturers in Kenya will continue losing their grip on the domestic market through increased competition from EAC partner states and the growth of illicit trade, fuelled by the increasing tax differentials. [ Sh1 trillion tax 'debt' at heart of KRA purge](https://www.standardmedia.co.ke/amp/business/2001467931/sh1-trillion-tax-debt-at-heart-of-kra-purge) [ Artisanal mining: Gold mine of Kenya's untapped minerals](https://www.standardmedia.co.ke/amp/financial-standard/2001467985/artisanal-mining-gold-mine-of-kenyas-untapped-minerals) [ Private vehicles to be subjected to inspection, receive road certificates](https://www.standardmedia.co.ke/amp/motoring/2001467935/private-vehicles-to-be-subjected-to-inspection-receive-road-certificates) [ Revival of State-owned trade agency has firms on edge](https://www.standardmedia.co.ke/amp/financial-standard/2001467984/revival-of-state-owned-trade-agency-has-firms-on-edge) [ Inside Sh400b austerity plan for ailing parastatals](https://www.standardmedia.co.ke/amp/financial-standard/2001467987/inside-sh400b-austerity-plan-for-ailing-parastatals) [ Why Kenyan manufacturers cannot compete with Chinese imports just yet](https://www.standardmedia.co.ke/amp/business/2001467996/why-kenyan-manufacturers-cannot-compete-with-chinese-imports-just-yet) [ Why new regime's feel-good effect is muted](https://www.standardmedia.co.ke/amp/financial-standard/2001467983/why-new-regimes-feel-good-effect-is-muted) [ Savannah Valley need not copy Silicon Valley](https://www.standardmedia.co.ke/amp/financial-standard/2001467981/savannah-valley-need-not-copy-silicon-valley) [ Arid counties in line for Sh125m World Bank drought relief funding](https://www.standardmedia.co.ke/amp/financial-standard/2001467986/arid-counties-in-line-for-sh125m-world-bank-drought-relief-funding) [ Product shortages loom as dollar crisis deepens](https://www.standardmedia.co.ke/amp/financial-standard/2001467988/product-shortages-loom-as-dollar-crisis-deepens) [excise duty stamp](https://www.standardmedia.co.ke/business/business/article/2001467151/alcohol-industry-protests-review-of-excise-duty-laws) cost. The Law Society of Kenya has moved to court to challenge the proposed increase of
Kenyan MPs have joined the executive to fight a case by the Law Society of Kenya seeking to stop the increase of taxes on alcohol, juices, cosmetics and ...
Kenyans should be allowed to air their views and decide if they want to be taxed in the proposed manner," said Ms Mwangi. Come March 1, the amendment will take effect and the petition will be rendered nought. [Listen to industry views on the excise stamp fees](https://www.businessdailyafrica.com/bd/opinion-analysis/editorials/listen-to-industry-views-on-the-excise-stamp-fees--4114184) "The matter is yet to reach National Assembly, which is seeking public views. Allow the prayers in the application," said Mr Theuri. "Allow Kenyans to interact with the regulations and decide later.
NAIROBI, Kenya, Feb 28 – The Kenya Revenue Authority(KRA) is set to roll out the software version of the Tax Invoice Management System (eTIMS) as it seeks ...
“We believe that this upgrade will significantly enhance the experience of our taxpayers in managing their tax invoices. It is our hope that this latest upgrade will streamline the process of managing tax invoices, making it easier and more efficient for our taxpayers,” said Acting Commisioner General Risper Simiyu. As for the mobile application, it will run on mobile phones and provide another avenue for issuing tax invoices.
The Kenya Revenue Authority (KRA) has suspended all tax relief payments from February 28, 2022. In a statement, the tax man said the decision was reached ...
The taxman remains optimistic that enhancing the reliefs will offer a permissible issuance of tax exemptions and ensure an equitable procession of tax reliefs. According to KRA, the suspension and review of the tax reliefs are aimed at increasing the impact of tax expenditure on economic growth which it says will be achieved by minimising tax expenditure and aligning it with international best practices for better internal revenue. The taxman says it will comply with the law by assessing and processing the tax reliefs during the process but payments will not be disbursed until the end of the process.
The Kenya Revenue Authority has suspended all tax relief payments until further notice in a move aimed at sealing revenue leakages, days after a radical ...
The taxman said the decision will take effect from February 25, 2023 and will be in force until further notice. - The taxman said the decision will take effect from February 25, 2023 and will be in force until further notice. In a statement, KRA said the decision was made in consultation with the National Treasury to enhance ongoing processes related to the payment of tax refunds, exemptions, waivers and abandonments.
KRA has relocated its domestic taxes enforcement unit from the taxman's headquarters at the Times Towers to Sameer Business Park along Mombasa Road.
According to an earlier statement from KRA, the domestic taxes collected Sh1.297 trillion in the year ended June 2022 against a target of Sh1.267 trillion. Last year, the domestic taxes division performance recorded growth compared to a similar period the previous year. [By DOMINIC OMONDI](/bd/economy/businesses-brace-for-pain-as-kra-suspends-tax-refunds-4140936) Pay as you earn (PAYE) was the largest contributor to domestic taxes at Sh461.8 billion followed by domestic value-added tax (VAT) at Sh244.6 billion, corporation tax at Sh242 billion and excise at Sh66.5 billion. The Kenya Revenue Authority (KRA) has relocated its domestic taxes enforcement unit from the taxman’s headquarters at the Times Towers to Sameer Business Park along Mombasa Road. The domestic taxes enforcement division has relocated to Sameer Business Park along Mombasa Road,” said KRA in a notice.
The taxman has suspended payment of tax refunds, which will hit businesses cashflow.
The refunds cover value-added tax (VAT), income tax, excise and stamp duty. [By ELIZABETH KIVUVA](/bd/economy/dubai-hikes-tourist-visa-fees-by-37pc-4140912) [By EDNA MWENDA](/bd/economy/kenya-revenue-authority-domestic-tax-unit-to-sameer-complex-4140942)
The Kenya Revenue Authority (KRA) has halted payment of tax refunds amounting to Ksh 610 billion with immediate effect pending audit of the claims.
“In the past five years, KRA has granted tax reliefs and incentives totalling Ksh 610 Billion, with an average of Ksh 122 Billion per annum. This will be achieved through minimising tax expenditure and aligning it with international best practices for better internal revenue,” added Mwaura. KRA Chairman Anthony Mwaura says the decision to suspend the payments will enhance the current processes related to the payment of tax refunds, exemptions, waivers and abandonments.
NAIROBI, Kenya, Feb 28 – The Kenya Revenue Authority (KRA) has suspended all tax relief payments as it seeks to audit and enhance the processes related to ...
They cover value-added tax (VAT), income tax, excise, and stamp duty. “It is also part of the aggressive revenue mobilization plan aimed at enhancing revenue collection and redirecting resources to finance priority growth-supporting programmes,” said Mwaura. The KRA Board Chair notes that the improvement is part of the Government’s strategy to seal revenue leakage and enable KRA to mobilize more taxes towards the country’s economic growth.
The Kenya Revenue Authority(KRA) is set to roll out the software version of the Tax Invoice Management System (eTIMS) as it seeks to provide additional ways ...
"We believe that this upgrade will significantly enhance the experience of our taxpayers in managing their tax invoices. It is our hope that this latest upgrade will streamline the process of managing tax invoices, making it easier and more efficient for our taxpayers," said Acting Commisioner General Risper Simiyu. Nairobi — The Kenya Revenue Authority(KRA) is set to roll out the software version of the Tax Invoice Management System (eTIMS) as it seeks to provide additional ways for businesses to transmit electronic invoices while reducing the cost of compliance.
The Kenya Revenue Authority (KRA) now wants a review of some tax procedures that have cushioned Kenyans. The taxman had claimed KSh 1 trillion had been ...
"This is part of the aggressive revenue mobilisation plan aimed at enhancing revenue collection and redirecting resources to finance priority growth supporting programmes. "The Kenya revenue authority in concurrence with the National Treasury and Economic planning has suspended all tax relief payments until further notice. The board added that the move is in line with the Kenya Kwanza government's agenda to offer favourable tax regimes to all Kenyans, and empower those at the bottom of the economic pyramid. [Kenya](https://kiswahili.tuko.co.ke/tags/siasa-za-kenya/) would be in a position to aptly utilise the internal revenues at the expense of borrowing, the board implied. [KRA](https://www.tuko.co.ke/273167-how-file-kra-returns-kenya-2021.html) said, is to widen its tax bracket and deal with the deficits in its collection, and also harmonise the procedures leading to the reliefs. [Kenya Revenue Authority](https://www.tuko.co.ke/272879-how-kra-pin-search-using-id-number-kenya.html) (KRA) has sanctioned a review of various aspects of the current tax regime.
Kenya Revenue Authority has stopped, with immediate effect, all payments of tax refunds currently amounting to Sh610 billion. The taxman says the claims ...
Mwaura says that the move is part of the government's strategy to seal revenue leakage and enable KRA to mobilise more taxes toward the country's economic growth. This will be achieved through minimising tax expenditure and aligning it with international best practices for better internal revenue,” the taxman added in a statement. “In the past five years, KRA has granted tax reliefs and incentives totaling Sh610 billion, with an average of Sh122 billion per annum.
The Kenya Revenue Authority (KRA) has halted payment of tax refunds amounting to Ksh 610 billion with immediate effect pending audit of the claims.
“In the past five years, KRA has granted tax reliefs and incentives totalling Ksh 610 Billion, with an average of Ksh 122 Billion per annum. This will be achieved through minimising tax expenditure and aligning it with international best practices for better internal revenue,” added Mwaura. KRA Chairman Anthony Mwaura says the decision to suspend the payments will enhance the current processes related to the payment of tax refunds, exemptions, waivers and abandonments.