KRA offered firms more time to comply with regulations that demand the taxman receives real-time data on traders’ daily sales through Internet-enabled electronic tax registers.KRA has given firms until August 2022 to install new electronic tax registers. - Business Daily pic.twitter.com/ngMU5jCcbe
The KRA has set a Sh13.9 bn. tax goal in the next 3yrs through June 2022 from foreign firms using the Internet to market products in Kenya.KRA identified foreign firms, which accrue income through digital marketplaces-as a major driver of tax recpts in coming yrs.-Business Daily pic.twitter.com/woMs65NeNQ
The suspicious exports, which involves 44 companies dealing in gold, gemstones, salt and soapstone, has been flagged by Auditor-General Nancy Gathungu in the audited accounts of the Ministry of Mining and Petroleum for the 2018/19 financial year. nation.africa/kenya/business…
The taxman through the Kenya Gazette notice has given Kenya Power 30days to clear the transformers that were shipped into the country 7 yrs ago. The KRA auction is linked to delays by Kenya Power in clearing taxes for the import of the transformers & storage fees.-Business Daily pic.twitter.com/H0KoL0hvbC
