How TallyPrime helps in VAT returns? Thee-invoiceregulations apply to every VAT-registered taxpayer in Kenya. Thee-invoicingsystem was introduced by Kenya Revenue Agency (KRA) and came into effect starting in August 2021. VAT returns in Kenya are just as important as ensuring the issuance of e...
How to file KRA iTax returns online? The steps to filing KRA returns is almost common for all type of returns, be it your income tax for an individual, income tax for corporates, or filing VAT returns. The only thing which differs from each type of tax return is the details which you...
HOW TO FILE KRA RETURNS ON ITAX 2020 The following information listed below must be meet up before thinking about filling out Tax Returns of Kenyan Revenue Authority has on its website – http://www.kra.go.ke/index.php/kra-portal and https://itax.kra.go.ke/KRA-Portal/ – apart from ...
He said KRA’s online filing system iTax shows that the firm had not correctly or fully disclosed its income and that corporate tax and VAT returns were declared less by Sh439.6 million and Sh611 million, respectively. “That in the circumstances, it is highly likely that ...
Banking and supplier records helped the Kenya Revenue Authority (KRA) to net Sh9.3 billion from a trader who had failed to file correct returns over a six-year period. Fillings before a five-member Tax Appeals Tribunal revealed how a mismatch of stocks inventories, tax declarations and bank tr...
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