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Kenyans receiving services at the Kenya Revenue Authority headquarters. PHOTO/KRA

KRA launches third tax amnesty window with full waiver on penalties

Sacco ReviewJuly 7, 202603 mins

The Kenya Revenue Authority (KRA) has unveiled its third tax amnesty window, a move expected to unlock billions in revenue while easing compliance burdens for taxpayers. The program, which runs from July 1 to December 31, 2026, offers a 100 percent waiver on penalties, interest, and fines for tax liabilities incurred up to December 31,…

State grants taxpayers waiver on late filing of Penalties and Interest

Sacco ReviewAugust 6, 202502 mins

The government has announced a significant relief for taxpayers, granting a waiver of penalties and interest on late filing of Income Tax returns for the year 2024. This decision comes after the National Treasury received a request from the Kenya Revenue Authority (KRA) to approve the waiver. The waiver, which applies to returns, filed by…

Stakeholders seek an extension of the tax amnesty for more taxpayers to settle balances

Sacco ReviewNovember 27, 2024010 mins

Stakeholders making submissions on the proposed Tax Laws and the Business Laws (Amendment) Bill are seeking an extension of the tax amnesty to cover the taxes due and not paid between December 2022 and December 2025 to allow more taxpayers to take advantage of the program to settle outstanding tax balances. The Stakeholders who were…