The Kenya Revenue Authority (KRA) will be closing its online tax filing deadline on 30th June 2018. 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. Has KRA done enough to create awareness on filing individual tax return?
"Late filing of tax returns attracts a penalty of 5% of the tax due or Ksh 20,000 whichever is higher. Late payments of taxes leads to a penalty of 20% of the outstanding tax. Avoid unnecessary penalties by filing your tax returns today!" said KRA.