Tax relief

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)

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) 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's tax collector says in a period of 5 years, 610 billion shillings were given as tax incentives to businesses in Kenya. KRA.

Kenya’s tax collector says in a period of 5 years, 610 billion shillings were given as tax incentives to businesses in Kenya. Tax reliefs have now been suspended effective immediately until further notice. Kenya's tax collector says in a period of 5 years, 610 billion shillings were given as tax incentives to businesses in Kenya.

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.