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KRA extends olive branch to tax evaders


Economy

KRA extends olive department to tax evaders


times-tower
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Abstract

  • Companies and people suspected of tax evasion will apply for aid on penalties via the iTax portal because the Kenya Income Authority (KRA) eases the applying course of and ropes in additional taxpayers.
  • Commissioner for Home Taxes Rispah Simiyu informed Enterprise Day by day that the taxman has automated the amnesty programme.

Companies and people suspected of tax evasion will apply for aid on penalties via the iTax portal because the Kenya Income Authority (KRA) eases the applying course of and ropes in additional taxpayers.

Commissioner for Home Taxes Rispah Simiyu informed Enterprise Day by day that the taxman has automated the amnesty programme.

“Uptake has been low, maybe on account of incapacity by taxpayers to lodge their functions on iTax. With the method now automated, it’s anticipated that the uptake will enhance since it’s handy and easy to lodge a Voluntary Tax Disclosure Programme(VTDP) software on-line,” she stated.

Taxpayers for the previous seven months have been manually making use of for the amnesty. The KRA stated the tedious course of has slowed down the efforts to course of a lot of candidates.

The amnesty is a three-year programme through which the KRA has supplied as much as 100 per cent curiosity and penalties waiver on taxes that haven’t been paid in 5 years.



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