Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Traders win relief as the cargo benchmark is cut to Ksh2 million. New rules aim to ease cargo clearance while improving compliance. Lower rail charges are set to reduce import costs. President William Ruto has directed the Kenya Revenue Authority (KRA) to lower the customs benchmark for general consolidated cargo to Ksh2 million, following talks…
Government suppliers must now meet eTIMS requirements before seeking payment. KRA will electronically validate supplier invoices submitted through IFMIS. The integration aims to improve tax compliance and transparency in government payments. Government suppliers in Kenya will now have to ensure their invoices meet Kenya Revenue Authority (KRA) eTIMS requirements before they can be submitted for…
Google to deduct 5 per cent tax from Kenyan YouTube earnings. Creators must submit KRA PINs by October 1. The move sparks debate over support for digital entrepreneurs. Kenyan YouTubers face a new 5 per cent tax withholding on YouTube earnings as Google moves to enforce Kenya’s digital tax rules starting September 2026. Kenyan YouTubers…
Nairobi traders strike over rising taxes and import costs. Protesters march to KRA over the new cargo valuation. Traders warn higher costs could push up consumer prices. Small-scale traders in Nairobi have launched a strike and marched to Kenya Revenue Authority (KRA) offices to protest against rising taxes and import costs, saying the new measures…
KRA explains why the consolidated cargo minimum yield was raised. Traders can opt for individual customs assessment based on actual goods. New Ksh 3.2 million threshold took effect on August 21. Kenya Revenue Authority (KRA) has moved to clarify concerns raised by small-scale traders over changes to the minimum yield applied to consolidated cargo, following…
KRA has raised the cargo valuation reference point from Ksh2.5 million to Ksh3.2 million. The new figure is a benchmark, not an automatic value for every container. KRA says the change targets under declaration while protecting compliant traders and government revenue. The Kenya Revenue Authority (KRA) has increased the minimum reference point for general containerised…
KRA proposes changes that could cut clearance costs and delays for small importers using shared containers. Traders may soon pay only for handling and clearing their own consignments instead of shared costs. Dedicated de consolidation facilities could help speed up cargo separation and reduce extra charges. Small-scale importers could soon face fewer costs and delays…
Small traders halt cargo clearance over higher KRA charges Importers warn rising costs could squeeze already thin profit margins Traders threaten nationwide protests if KRA does not review the charges Small-scale importers and micro-enterprises have suspended cargo clearance in protest against increased taxes, levies and administrative charges imposed after the expiry of a relief period…
KRA will intensify enforcement against Affordable Housing Levy defaulters, including freezing bank accounts and deactivating tax PINs. Defaulters face a 3 per cent monthly penalty on unpaid levy amounts. KRA is deploying 1,406 revenue service assistants to boost compliance, especially among informal businesses. Kenyans who fail to remit the Affordable Housing Levy risk having their…
MSME Alliance has opposed KRA’s proposed increase in the consolidated cargo customs benchmark from Ksh2.5 million to Ksh3.2 million. The alliance says the 28 per cent increase would raise import costs, squeeze working capital and threaten the survival of small businesses. It wants KRA to retain the Ksh2.5 million benchmark and consult traders before making…
