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Heavy price to pay for Kenyans who fail to file KRA tax returns by 30th June

The Kenya Revenue Authority (KRA) will be closing its online tax filing deadline on 30th June 2017 (tomorrow). The taxmen have since maintained this stand on not extending the deadline thereafter. Taxpayers who fail to file their returns will accrue charges of 20, 000 shillings for every day that counts compared to last year’s 1,000 shillings.

“We are filing the 2016 Income Tax returns and the penalty for failure to file these returns is Sh20,000 or five per cent of the tax due, whichever is higher.” Said Wanja Wang’ondu, KRA acting assistant manager, domestic taxes, Nairobi region.

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