Tax
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News
KRA to leverage tech to boost tax collection
Kenya’s revenue collection agency KRA is seeking to implement technological advancements to enhance tax system and increase revenue collection following…
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News
KRA Pledges to Support Taxpayers to Comply with New Electronic Tax Invoicing Requirements
With the deadline for businesses to fully switch to electronic tax invoicing, the Kenya Revenue Authority (KRA) has pledged to…
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News
KRA collected Sh.5.3 Billion from the digital economy for 2022/23 financial year
Kenya Revenue Authority (KRA) collected Shs 5.328 Billion from the digital economy in the financial year 2022/2023. This is a …
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News
KRA seeks to tax those who trade cryptocurrencies in a new Bill
The Kenya Revenue Authority (KRA) is seeking to introduce taxation on cryptocurrencies and digital wallets. Through the Capital Markets (Amendment)…
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News
Zoho has launched VAT and TIMS accounting software for Kenyan businesses
Zoho Corporation, the Indian-headquartered technology company that builds software for businesses has launched its VAT and TIMS-compliant online accounting software…
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News
KRA to Double Tax on Global Tech Giants
The Kenya Revenue Authority is set to double the tax collected from tech giants operating or facilitating digital payments in…
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BUSINESS
Kenya’s 1.5% Digital Services Tax Now Official, To Take Effect From January
The proposed 1.5% digital services tax in Kenya is set to start being implemented from January 1, 2021. This is…
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News
Nigeria’s Venture Garden, Kenya’s Umati Capital & Tanzania’s Ubongo Kids mentioned in Mauritius Leaks tax avoidance claims in Africa
Nigeria’s Venture Garden, Kenya’s Umati Capital and Tanzania’s Ubongo Kids have been listed among firms extracting profits and avoiding tax in Africa according to a new report…
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