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Tax

Trump CFO's guilty plea to tax violations could make him a prosecution witness

Allen Weisselberg is charged with taking more than $1.7 million in off-the-books compensation from the Trump Organization over several years, including untaxed perks.

By AP News 2 hrs ago

Trump CFO's guilty plea to tax violations could make him a prosecution witness

Ride-hailing business and the offline trip menace

Ride-hailing business and the offline trip menace

By Sara Okuoro 5 days ago

Let's be a nation of trust to save taxpayers money, time

Let's be a nation of trust to save taxpayers money, time

By XN Iraki 16 days ago

Prosecutors seek 8-year prison term for Shakira

Prosecutors seek 8-year prison term for Shakira

By AP 18 days ago

Taxpayers to fork out Sh103b to bail out Kenya Airways, again

Cash to pay off the airline's debts is an arrangement between Kenya and IMF aimed at restructuring some State-owned enterprises to reduce their fiscal risks.

By Dominic Omondi 27 days ago

Taxpayers to fork out Sh103b to bail out Kenya Airways, again

Relief for traders as county moves to harmonise taxation

The agreement will promote mutual co-operation and understanding between the county and business community to avoid double taxation and harsh penalties for delayed tax payment.

By Brian Kisanji 1 month ago

Relief for traders as county moves to harmonise taxation

'Black tax': The dark cloud on personal finance

Sending money back home translates to better treatment from family members. Experts are encouraging Kenyans to learn to say “no” and realise their financial goals faster.

By Graham Kajilwa 1 month ago

'Black tax': The dark cloud on personal finance

KRA surpasses tax revenue target to net a record Sh2tr

KRA had a tax collection target of Sh1.882 trillion in the financial year that ended last month as captured in the 2022 Budget Policy Statement.

By Dominic Omondi 1 month ago

KRA surpasses tax revenue target to net a record Sh2tr

Locals decry fare hike by digital taxi drivers

Some of the drivers fault the apps, saying they are not as accurate when it comes to fares. Police said none of those who claim to have been harassed has reported at any station.

By Sharon Owino 1 month ago

Locals decry fare hike by digital taxi drivers

Tax multinationals and richest people to ease inflation pressure

And when the political will exists, it is quite easy to identify where the wealth is hidden, as the Russian invasion of Ukraine has shown.

By Irene Ovonji-Odida 1 month ago

Tax multinationals and richest people to ease inflation pressure

How to file KRA NIL returns on the KRA M-Service in 2022

You can file your returns on your phone, more so if you have nil returns. You just go to the KRA M-Service app downloaded on Playstore.

By KRA 1 month ago

How to file KRA NIL returns on the KRA M-Service in 2022

The benefits of filing your tax returns on time

Kenya Revenue Authority (KRA) is the principal revenue collection agency for the Government of Kenya.

By KRA 1 month ago

The benefits of filing your tax returns on time

Nakuru taxi operators fight transport reforms

Taxi drivers in Nakuru City have opposed the county government’s plan to scrap the parking of vehicles in the CBD.

By Kennedy Gachuhi 1 month ago

Nakuru taxi operators fight transport reforms

Tax wars: Is this the end of Keroche's nine lives?

The tax battle between Keroche and Kenya Revenue Authority (KRA) has been brewing since 1998, barely a year after the firm was founded in Naivasha as a fortified fruit wines brewery.

By Patrick Alushula 1 month ago

Tax wars: Is this the end of Keroche's nine lives?

Unless the government effectively fights corruption citizens will remain averse to paying taxes

When you listen to younger Kenyans just starting out in the job market talk about the tax regime, you get the impression they are not so enthusiastic about paying taxes.

By Clay Muganda 1 month ago

Unless the government effectively fights corruption citizens will remain averse to paying taxes

Raila Odinga wades into Keroche-KRA controversy

Azimio presidential candidate asks State to negotiate with tax defaulters, not shut down firms. Former premier promises to empower traders and expose them to 400m buyers in EAC.

By Ndung’u Gachane 2 months ago

Raila Odinga wades into Keroche-KRA controversy

Stocks: Nakuru Taxi Operators Opposed to Non-Motorised Transport System

This follows the introduction of the Sh80-million non-motorised transport (NMT) system and the beautification of city streets.

By Kennedy Gachuhi 2 months ago

Stocks: Nakuru Taxi Operators Opposed to Non-Motorised Transport System

KRA starts installing new VAT system to catch tax cheats

With TIMS, if you invoice someone, the information of your sale will go to iTax directly and the purchase of expense will go to the other party directly on their iTax account.

By Dominic Omondi 2 months ago

KRA starts installing new VAT system to catch tax cheats

Kenya, Morocco tax information-sharing lauded

The collaboration between the two nations is one of the strides highlighted in the Tax Transparency in Africa 2022 Africa Initiative Progress Report.

By Graham Kajilwa 2 months ago

Kenya, Morocco tax information-sharing lauded

JSC appoints 10-member team to the Tax Appeals Tribunal

The appointment comes after interviews conducted by JSC between May and June 2022.

By Fred Kagonye 2 months ago

JSC appoints 10-member team to the Tax Appeals Tribunal

Reprieve for Total in Sh329m tax dispute

The court heard that the oil marketer wrote to KRA on November 28, 2016, seeking a waiver.

By Kamau Muthoni 2 months ago

Reprieve for Total in Sh329m tax dispute

Taxman unlocks Sh1.65 billion from 367 taxpayers disputes

This is the first year the taxman’s investigations and enforcement department has been given a target. KRA says there are still some “hardcore taxpayers” hoping their cases drag on for years.

By Dominic Omondi 2 months ago

Taxman unlocks Sh1.65 billion from 367 taxpayers disputes

Kenya's tax levels have crossed standard global threshold

In principle, no one wants to give 100 per cent of their income as tax, so a tax rate of 100 per cent would also result in zero revenue.

By Odhiambo Ramogi 2 months ago

Kenya's tax levels have crossed standard global threshold

Raila promises disabled free education and tax breaks

ODM leader Raila Odinga pledged to strengthen institutions that offer support to those living with disabilities.

By Judah Ben-Hur and Ndungu Gachane 2 months ago

Raila promises disabled free education and tax breaks

I do not own Keroche Breweries, Tabitha Karanja says

Nakuru Senate aspirant Tabitha Keroche testifies she doesn't own Keroche Breweries in litigation seeking to bar her from vying over firm's tax avoidance cases.

By Julius Chepkwony 2 months ago

I do not own Keroche Breweries, Tabitha Karanja says

Court throws out businessman Humphrey Kariuki's Sh17b tax evasion case

High Court Judge A. C Mrima said police overstepped their boundary in charging the business and seven others.

By Nzau Musau 2 months ago

Court throws out businessman Humphrey Kariuki's Sh17b tax evasion case

Reprieve for ports authority in Sh1.9b tax battle with KRA

KRA slapped KPA with a Sh1.9 billion agency notice and went ahead to freeze KPA’s accounts in seven banks.

By Kamau Muthoni 2 months ago

Reprieve for ports authority in Sh1.9b tax battle with KRA

Meet Brian Solonka one of Kenya's youngest advocates

The 24-year-old Brian Solonka who was on Monday admitted to the bar dreams of solving Kenya's commercial tax disputes.

By James Wanzala 2 months ago

Meet Brian Solonka one of Kenya's youngest advocates

Nyamira County back to manual tax collection

Nyamira County has reverted to manual collection of taxes after the automated system was pulled down following contractual disagreement with the service provider.

By Stanley Ongwae 2 months ago

Nyamira County back to manual tax collection

Audit report: 17 parastatals fail to repay Sh218b loan arrears

Total outstanding parastatal loans reached Sh921 billion as of June 2021. Treasury says Kenya Railways owes Sh473 billion in legacy debt, but the corporation puts the figure at Sh275 billion.

By Frankline Sunday 3 months ago

Audit report: 17 parastatals fail to repay Sh218b loan arrears

Electric vehicle manufacturers want tax cuts

Electric vehicle manufacturers are asking the government to introduce tax incentives aimed at easing the cost of owning and operating electric vehicles in Kenya.

By Frankline Sunday 3 months ago

Electric vehicle manufacturers want tax cuts

KRA eyes forensic lab to recover erased files and catch tax cheats

KRA plans to set up a forensic lab to mine all data including hidden accounts and deleted files from taxpayers’ computers to uncover tax and financial frauds.

By Patrick Alushula 3 months ago

KRA eyes forensic lab to recover erased files and catch tax cheats

Stagnant salaries and food loans make for gloomy Labour Day

Central Bank survey shows livelihoods of 73.6 per cent of households worsened in 2021. The situation pushed households skip meals, sell their assets and forgo medical care.

By Patrick Alushula 3 months ago

Stagnant salaries and food loans make for gloomy Labour Day

Fuel shortage: Taxi operators worst hit

The fuel shortage continued to bite in parts of Western yesterday, leading to increased fares.

By Sharon Wanga, Michelle Muchelule and Omelo Juliet 3 months ago

Fuel shortage: Taxi operators worst hit

Fuel shortage: Taxi operators worst hit

The fuel shortage continued to bite in parts of Western yesterday, leading to increased fares.

By Sharon Wanga 3 months ago

Fuel shortage: Taxi operators worst hit

Why there's no love lost between KRA and taxpayers

Kenya Revenue Authority (KRA) is leaving a trail of dead businesses and frustrated entrepreneurs.

By Wainaina Wambu 3 months ago

Why there's no love lost between KRA and taxpayers

IMF tax proposal on flour will hurt Kenyans more

It is therefore distasteful for the International Monetary Fund to propose the introduction of VAT on wheat flour, maize flour and cassava flour.

By Editorial 3 months ago

IMF tax proposal on flour will hurt Kenyans more

How SGR tax saved Kenya from mortgaging Mombasa port

In his recent Budget speech, Treasury CS Ukur Yatani proposed yet another Sh18.5 billion for the development of SGR “to expand railway transport to the rest of the country.”

By Dominic Omondi 4 months ago

How SGR tax saved Kenya from mortgaging Mombasa port

Woman accused of threatening driver with gun released on bond

A woman who allegedly threatened to shoot a taxi driver following a dispute over fare was yesterday charged at a Milimani court.

By Collins Kweyu 4 months ago

Woman accused of threatening driver with gun released on bond

From authority to service: KRA the servant who lords it over the ‘boss’

KRA would rather collect more taxes and then be directed to refund than collect less and have to chase the shortfall.

By Patrick Alushula 4 months ago

From authority to service: KRA the servant who lords it over the ‘boss’

Ice cream, juice and bottled water join ‘sin tax’ league to fund Sh3.3tr budget

Whether you will choose to sit under a tree and sip that fruit juice, eat ice cream or just drink water as you reflect on the rising cost of living, the government will still come for its taxes.

By Patrick Alushula 4 months ago

Ice cream, juice and bottled water join ‘sin tax’ league to fund Sh3.3tr budget

Indirect taxation taking centre stage in State revenue measures

The VAT Act, of 2013 attempted to address this by significantly reducing the number of non-taxable items. However, over the years, this trend has reversed back to the bad old days.

By Nikhil Hira 4 months ago

Indirect taxation taking centre stage in State revenue measures

Boda bodas, used cars likely targets of new tax

Excise duty, popularly known as the sin tax, for various items, would be increased by 10 per cent to raise Sh50.4 billion. Treasury is, however, yet to release Finance Bill 2022.

By Dominic Omondi 4 months ago

Boda bodas, used cars likely targets of new tax

Debts to take Sh6 of every Sh10 collected from taxes

For every Sh10 that will be collected as tax, Sh6 will be used to repay loans starting July this year, highlighting life of a country that is living beyond its means.

By Patrick Alushula 4 months ago

Debts to take Sh6 of every Sh10 collected from taxes

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