Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
More than 60 Saccos have tasked cooperative lobbies with pushing for tax reforms after engaging KRA on sector specific tax challenges. The sector wants tax laws aligned with the member based and not for profit Sacco model, saying current rules do not reflect how cooperatives operate. The proposals now move to lobbying groups, including KUSCCO,…
KRA launches free tax education for women entrepreneurs, chamas and community groups to boost tax compliance and financial management. Training will cover tax registration, filing returns, record keeping and statutory obligations for women led enterprises. Authority reminds chamas and non profits to meet tax obligations, noting that income from commercial activities may be taxable. Thousands…
KRA says it is implementing reforms to build a fair, transparent and predictable tax system that supports business growth. Authority plans to integrate iCMS with iTax and cut eligible VAT refund processing times to under 10 minutes. KEPSA urges KRA to speed up tax dispute resolution and expand Alternative Dispute Resolution mechanisms. The Kenya Revenue…
KRA to match NSSF records with PAYE filings to identify tax defaulters. Treasury says KRA will also use Kenya Power data to improve rental income tax compliance. Plan is part of efforts to boost revenue collection and reduce reliance on borrowing. Kenya Revenue Authority (KRA) plans to cross check National Social Security Fund (NSSF) contribution…
KRA Customs collected a record Ksh 988.8 billion in FY2025/26, beating its target. Revenue grew 12.4 per cent as stronger compliance and technology boosted collections. KRA is expanding digital customs systems to improve trade and revenue collection. The Kenya Revenue Authority’s (KRA) Customs and Border Control (C&BC) Department has surpassed its target of Ksh 980.794…
MPs questioned conflicting Brazil and South Africa sugar import documents. PS Juma Mukhwana promised to investigate the origin discrepancy. Lawmakers queried a new duty free sugar approval before the first shipment was fully accounted for. The government has come under fresh scrutiny over a 27,000 metric tonne consignment of duty-free raw sugar, after lawmakers uncovered…
Finance Act 2026 introduces stricter tax compliance, faster reporting deadlines, and expanded KRA enforcement powers affecting Saccos. Saccos warn the changes could strain liquidity, increase compliance costs, and disrupt lending and member access to savings. KUSCCO is pushing for tax law amendments to protect co operative members and harmonise taxation with the Co operative Societies…
KRA will make Advance Cargo Declaration (ACD) mandatory for all containerised imports from August 3. Exporters must secure an ACD reference code before cargo is loaded. The system aims to improve security and speed up customs clearance. Kenya Revenue Authority (KRA) has announced the launch of its new Advance Cargo Declaration (ACD) platform. Starting Monday,…
The High Court in Kisumu has ordered the government to publicly disclose details of its controversial duty-free rice importation programme, requiring key State agencies to explain how the scheme is being implemented. High Court, Justice Alfred Mabeya issued the directive after certifying as urgent a petition filed by the Ahero Rice Farmers Association, which is…
The Kenya Revenue Authority (KRA) has issued a stern reminder that all taxpayers must file their 2025 Income Tax Returns by midnight on Tuesday, June 30, 2026. The authority has made it clear that no extension will be granted this year, unlike in 2025 when extra time was allowed due to system congestion. In a…
