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KRA waives Sh200b in penalties under amnesty programme

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Taxpayers are required to make full payment of the principal taxes and apply for amnesty by June 30 this year. [Kibata Kihu, Standard]

Kenya Revenue Authority has said it has waived more than Sh200 billion in tax penalties for 227,000 Kenyans under the Tax Amnesty Programme that was introduced by the Finance Act, 2023.

The Act introduced the amnesty programme that allows taxpayers to apply for a waiver of penalties and interest accrued for periods up to December 31, 2022.

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