Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
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…
Savings and Credit Cooperative Organizations (SACCOs), banks, and other financial institutions will no longer pay Value Added Tax (VAT) on the sale or disposal of repossessed collateral, following amendments introduced in the Finance Act 2026, which was signed into law by President William Ruto on June 23, 2026. This amendment marks a significant shift in…
The Affordable Housing Fund Board has urged Parliament to grant the Kenya Revenue Authority (KRA) stronger enforcement powers to tackle evasion of the 1.5 per cent housing levy, warning that gaps in the current legal framework undermine compliance and limit revenue collection. Appearing before the National Assembly Departmental Committee on Finance and National Planning during…
The High Court in Nairobi has suspended the appointment of newly named Kenya Revenue Authority (KRA) Commissioner General Adan Mohamed, following a petition challenging the recruitment process. Justice Gregory Mutai issued the orders at the Milimani High Court on Tuesday, freezing the implementation of the appointment until the case is heard and determined. The court…
