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Supreme Court overturns an Appellate Court verdict that declared the Finance Act 2023 unconstitutional

Sacco ReviewOctober 31, 202404 mins

The Supreme Court overturned an Appellate Court verdict that had declared the Finance Act 2023 Unconstitutional. This followed the successful appeal filed at the Supreme Court by the Cabinet Secretary for National Treasury, the Attorney General and the National Assembly and the Kenya Revenue Authority, challenging the July 31st 2024 Court of Appeal’s judgment declaring…

KRA launches new Service Center at Malaba to curb smuggling and increase revenue

Sacco ReviewOctober 17, 2024October 17, 202405 mins

The Kenya Revenue Authority (KRA) collected Sh946 million from taxes in the Western region last month following a raft of measures to curb smuggling of goods through the porous borders of Uganda and Tanzania. Through enhanced surveillance and enforcement in the region which covers ten counties, the taxman generated more revenue from customs at the Malaba,…

State promises to pay KSh7 billion arrears to cane farmers, staff

Sacco ReviewMay 29, 2024May 29, 202405 mins

The government is keen on paying cane farmers and staff of sugar companies who are owed money in terms of unpaid arrears. Agriculture and Food Authority (AFA) Director Samuel Ong’ow said the government has initiated payment of about KSh6.94 billion which is owed to farmers and staff of the sugar companies. Speaking in Muhoroni Ong’ow…

Taxpayers in Western urged to take advantage of ongoing amnesty programme

Sacco ReviewNovember 22, 2023November 22, 202305 mins

The Kenya Revenue Authority (KRA) has estimated a collection of over Ksh50 billion through the taxpayer amnesty programme which was unveiled on September 1, 2023 and will end on June 30, 2024. Mr. Ouru Nyamori, Acting Chief Manager of the Domestic Taxes Department in the Western Region, appealed to all taxpayers to take advantage of the…

Parliament committee grills KRA officials over release of condemned sugar

Sacco ReviewNovember 1, 2023November 1, 202304 mins

The National Assembly Committee on Trade, Industry and Cooperatives has summoned two Kenya Revenue Authority (KRA) officials to shed more light on the surroundings that led to the release of 20,000 tonnes of condemned sugar to the market. Led by Chairperson James Gakuya (Embakasi North MP), the members questioned suspended Mombasa KRA Customs Warehouse Manager…

Court dismiss Mwalimu Sacco appeal seeking quashing of sh 44.9 million tax

Sacco ReviewFebruary 7, 2023February 7, 202303 mins

By Our Reporter Mwalimu National Sacco have lost an appeal seeking quashing of sh 44.9 million tax demand by government. The High Court Justice David Majanja dismissed the petition detailing that an appellate court dealing with matters of law cannot engage in a factual exercise as it will be usurping the powers of the tax…