Huge Relief To Kenyans On Filing Returns After KRA's Latest Announcement

MaangiJob_Ke

Kenya Revenue authority made changes on the earlier announcement that they made concerning the filing of returns.

In the first notice to the general public they had put in place very tough penalties for those who will not have filled return.

In what happens to be a major relief to Kenyans, in the second announcement they did away with the list that contained the names of people whom they wanted to deregister their KRA pins for failing to file returns.

Kenya Revenue Authority (KRA) urged taxpayers who are registered under a tax law to file their returns and account for taxes due under the respective tax laws.

KRA noted that there are persons who though registered for tax, have perennially failed to file their tax returns or account for taxes. 

"Where such persons are no longer required to be registered for tax, they should notify the Commissioner of the same for purposes of deregistration in line with the provisions of Sections 10 and 14 of the Tax Procedures Act, 2015. Failure to notify the Commissioner, within thirty (30) days from the date of this notice, the Commissioner shall proceed with the deregistration process and notify the persons accordingly," KRA statement indicated.

Taxpayers are also encouraged to take advantage of the Voluntary Tax Disclosure Program to disclose tax liabilities that were previously undisclosed to the Commissioner for the purpose of being granted relief of penalties and interest on the disclosed taxes.

MaangiJob_Ke kenya_public@operanewshub.com