Kenya's Taxing Times: Balancing Economic Recovery and Taxes
Kenya is standing at a critical economic crossroads as the government unveils a fresh series of tax reforms and policy measures to ease economic pressures, boost growth, and restore public [...]
Taxman Eyes KSh 60bn from Crypto Dealers
The Kenya Revenue Authority (KRA) announced during the Taxpayers' Day Celebrations that it collected KSh 10 billion from crypto dealers in the financial year ended June 2024. We have agreed [...]Travelers to Declare Mobile Devices Details Beginning Next year
Travellers entering Kenya will be required to declare details of their mobile phones and other devices at points of entry, the Kenya Revenue Authority has said. “The public is therefore [...]Gov't Revives 6% Tax for Digital Service Providers
The Treasury will reintroduce the 6% Significant Economic Presence (SEP) which will affect online ride-hailing platforms and delivery apps, according to the Tax Laws (Amendment) Bill, 2024. During a public [...]KRA to Enforce Tax Compliance by Mobile Phone Importers, Retailers
The Kenya Revenue Authority (KRA), in collaboration with the Communications Authority of Kenya (CA), will track all imported or locally assembled mobile phones from the 1st January 2025 to ensure [...]KRA Explores AI, New Technologies, to Net Tax Cheats
The Kenya Revenue Authority (KRA) is exploring technologies like Artificial Intelligence (AI) and Machine Learning to analyse vast data sets to identify tax evasion patterns. Humphrey Wattanga, KRA Commissioner General, [...]Tax Tribunal Rules Against Car General on Subsidiaries' Profits
Car General has been barred from using profits from its two subsidiaries Watu Credit and Cummins CG Joint Venture to reduce its tax obligations in a Tax [...]Supreme Court Begins Hearings on Finance Act 2023
The National Assembly and other appellants will today argue their appeal on the Finance Act 2023 before the full seven judge bench of the Supreme Court of Kenya. The Respondents [...]How to Structure Your Business for Tax Optimization in Kenya
During a recent webinar hosted by The Kenyan WallStreet in collaboration with Tarra Agility Africa, a boutique international tax and legal advisory firm, we delved into the business tax landscape [...]Employers, Experts Raise Compliance Questions After Court Ruling on Finance Act 2023
Following the nullification of Finance Act 2023, employers are seeking clarification from the Kenya Revenue Authority (KRA) on how they should pay their taxes. “The Federation of Kenya Employers (FKE) [...]Tax Revenues from Betting Grew by 26.2% in FY 23/24
Tax revenues from the country's 111 betting and gambling companies rose by 26.2 percent in the last financial year, growing to KShs. 24.2bn from KShs. 19.2 bn the previous year. [...]
Court Blocks KRA from Charging VAT on Golf Club Memberships
The High Court has barred the Kenya Revenue Authority (KRA) from demanding payment of 16% VAT on golf club membership subscriptions and entrance fees. While this court as the tax [...]
