US to Match Foreign Tariffs in ‘Fair Trade’ Overhaul
Last week, US President Donald Trump signed a memo directing his economic staff to develop reciprocal tariffs on the country’s trading partners to protect American businesses and boost manufacturing. “On [...]
BAT Kenya Denies KSh 9.6 Billion Tax Discrepancy After Investigative Report
Listed cigarette manufacturer BAT Kenya has dismissed allegations in a recent investigative report that there are extensive discrepancies in its financial statements for 2017 and 2018. The report is based [...]
What Would Happen if Kenya Adjusted its VAT Rate?
Kenya would benefit more from reducing the differences in VAT rates than in raising the standard 16% rate to 18%, a recent policy simulation by the Kenya Institute for Public [...]KRA Fires 19, Receives Graft Cases Worth KSh 4.39Bn From Whistleblowers
The Kenya Revenue Authority (KRA) dismissed 19 staff members in the second quarter of the financial year 2024/2025 (October–December), compared to nine dismissals during the same period in the 2023/2024 financial year. [...]Customs Taxes Reach KSh 82.554 billion in January 2025
Customs taxes reached KSh 82.554 billion in January 2025, the most recent Kenya Revenue Authority (KRA) figures show, surpassing the taxman's monthly target. “These results reflect the ongoing commitment by [...]How to File an Amended Tax Return in Kenya
You’ve done the responsible thing, and filed your tax returns on time. Maybe you even felt a small sense of accomplishment. But then, days or weeks later, you realize something [...]
Tax Tribunal Rules that Auction Sales Are Not VAT-Exempt
The Tax Appeals Tribunal (TAT) has determined that auction sales for debt recovery are not exempted from VAT, in a landmark case between Kenya Commercial Bank (KCB) and KRA. “The [...]Is Your Payment Subject to Withholding Tax in Kenya?
Withholding Tax (WHT) is one of the most misunderstood components of Kenya’s tax system. Many individuals and businesses grapple with what it entails, who should pay, and what payments are [...]Tax Revenues Rise by 4.5% Despite Economic Slow Down in Q3 2024
The Kenya Revenue Authority (KRA) has reported 4.5% growth in tax revenues to KSh 1.243 trillion as of December last year from KSh 1.189 trillion collected in same period in [...]Court Upholds Dismissal of KRA Employee For Abetting Kshs. 118.8mn Tax Evasion
The Employment and Labour Relations Court has thrown out a case against the Kenya Revenue Authority (KRA) by an ex-employee who sued after being fired unfair over a multimillion tax [...]How to File for a Customs Declaration Form in Kenya
Kenya’s trade sector often involves importing and exporting goods, a process that requires proper documentation to ensure compliance with customs regulations. The Customs Declaration Form (CDF) is a critical document [...]Kenya Ratifies Treaty to Prevent Tax Avoidance by Multinational Firms
Kenya has ratified a treaty that blocks multinational firms from abusing taxation loopholes and shifting profits, the Organization for Economic Cooperation and Development (OECD) has confirmed. Kenya deposited its instrument [...]
