Tag: KRA

Kenyan economy in dangerous territory

Although the largest economy in East Africa reversed seven consecutive quarters of declining GDP to…

Court extends Finance Act freeze order

Justice Mugure Thande stated that on July 10 the court would decide whether the orders…

Kenyans to lose Ksh2.5b as KRA stops Swiss firm contract

MPs now want the KRA to explain why it decided to re-advertise the tender rather…

KRA to set minimum prices for alcohol

The Finance and National Planning Committee proposed the amendments that were approved by the National…

4.4m submit tax returns before deadline

In comparison to a target of six million taxpayers, the KRA data released on Thursday…

Tough July as Ruto taxes take effect

The Finance Bill 2023 contains new taxes with three start dates: 1 July 2023, 1…

KRA given Ksh1.2 billion to hire spies to find tax evaders

In new efforts to increase revenue and reduce reliance on borrowing, the Kenya Revenue Authority…

Equity Bank loses 1 billion tax dispute to KRA

Invoice and bill discounting, temporary overdrafts, cleared checks, letters of credit, bank guarantees, and loan…

Why employers will face difficulties as of July 1

In the new tax mobilization and social welfare funds that the William Ruto administration is…

Storm over State plan to tax insurance payouts

Insurance customers will start parting with 16% tax on the money paid to them by…