'Unrecovered Loan Principal is Not Tax Deductible' - Tribunal Rules
The Tax Appeals Tribunal has ruled that microfinance lender, Premier Credit Limited, cannot deduct the principal of unrecovered loans from its taxable income
The Velex Advisory Tax Compliance Program for Kenyan Startups
Velex Advisory, a business advisory firm with over 10 years of experience supporting growing companies, has developed a Tax Compliance Program for Kenyan Startups.
KRA Onboards 500 Fuel Stations as Taxpayers Scramble to Meet New E-TIMS Rules
KRA says it has onboarded over 500 fuel stations onto its eTIMS fuel module, representing about 16% of outlets nationwide.How Procedural Errors Toppled KRA’s KSh 53mn Tax Claim
KRA Pursues KSh 23.1bn Tax Claim on Tullow Oil Exit
The Kenya Revenue Authority (KRA) is seeking KSh23.1 billion in taxes from Tullow Oil following the company’s US$120 million sale of its Kenyan business.Kenya's Seven Months Tax Revenues Up 7.4% to KSh 1.34 Trillion
Kenya’s tax revenues rose 7.4% year on year to KSh 1.34 trillion by January 2026, equal to 51% of the FY25/26 Treasury target and below historical seasonal norms. January collections increased 3.0% year on year to KSh 183.1 billion but fell 27.2% from December due to post-holiday seasonality. The shortfall has been offset by heavier domestic borrowing, which reached KSh 732.6 billion by end-January, while external financing remained constrained.
How Avery Lounge Came to Owe the Taxman KSh 92.7mn
A Nairobi restaurant that declared zero income while running an active hospitality business has lost its bid to overturn KSh 92.7 million in tax assessments.EV Adoption Will Threaten Kenya’s Lucrative Fuel Levy
The government is vague on what alternative revenues it shall develop to reduce over reliance on the fuel levy as EVs become more popular on Kenyan roads.Why All Bank Deposits Are Taxable Unless Proven Otherwise
KRA is entitled to treat all money flowing into a company’s bank account as taxable income, unless the taxpayer explains otherwise, the Tax Appeals Tribunal has ruled.KRA Shifts to User-Owned Cargo Tracking Seals
The Kenya Revenue Authority (KRA) is transitioning to a "Multi-Vendor, User-Owned Seals" model for its Regional Electronic Cargo Tracking System (RECTS) to improve the efficiency of goods moving through Kenya. Under this new arrangement, transporters and traders will purchase and own their own electronic tracking devices from various approved suppliers for both containerized and liquid cargo, such as fuel.Prime Bank Wins KSh 87.6mn Withholding Tax Case
The Tax Appeals Tribunal has set aside a KSh 87.6 million tax demand against Prime Bank, ruling that the revenue authority misapplied tax law.Tax Tribunal Rules Del Monte Owes KSh 6.7bn
Del Monte will face a KSh 6.72 billion tax bill after a tribunal determined that the company's challenge to the taxman's assessments fell short of merit.
