From warning Kenyans flaunting their wealth on SM that it would go after them,KRA announced a timeline on roll out of a new ETR reg. Good for KRA,who will get its dues,&the trader,it will eliminate availing physical invoices in case of a dispute btwn KRA &taxpayers.-The Standard pic.twitter.com/y1DgfkbvCw
The fiscal & regulatory policies devt. over last 2yrs have been contrary to the country’s recovery ambitions.This mo. KRA impl. 4.97% inflation change on spec. rate of excise duty,for the yr 2020/21.Govt shld drop unfriendly tax regime,to drive our competitiveness.-Business Daily pic.twitter.com/E7b6M8QsNi
Treasury sec.Ukur Yatani expects KRA to collect Sh259.6BN excise tax compared to Sh241BN in the June budget. Tax on about 30 excisable goods e.g. beer,bottled water,juice &motorcycles was raised,KRA is targeting additional Sh3.7BN from inflation-adjusted taxation.-Business Daily pic.twitter.com/dMooS32Pxj
President Kenyatta’s last budget will pressurize his successor to raise Sh342.20 BN. additional revenue to implement his preferred projects. Mr Kenyatta’s admin. has proposed a budget of Sh3.31 TRN. for the fin. yr start July 2022,a month pre he leaves office.#Tax-Business Daily pic.twitter.com/bjMbqJrOYj
KRA DC. for Revenue J Kaguru says in a letter that the firms were found to have 'non-compliance issues'.The clearing & Fwd. agents are Regal Freighters,Delta Express,Subukia Holdings,Greentop Logistics,Zanaa Freights,Riam Logistics& Utmost Freight Matters Limited.-Business Daily pic.twitter.com/2AT8M825IY
