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By Michael Omondi Kenya Revenue Authority (KRA) has sweeping powers to deal with any corporate entity or individuals involved in tax evasion. The Income Tax Act, cap 470, and the Value Added Tax, cap 476, grants KRA powers to fine, jail and seize properties of tax evaders. In light of ...
Read Story at The Standard (2006-06-23)
By Samuel Mburu A second judge last Friday barred the Kenya Revenue Authority (KRA) from introducing the Electronic Tax Registers. Nakuru resident judge Daniel Musinga restrained KRA and Finance Minister David Mwiraria from implementing the new tax system that intends to register all Value Added Tax collections. On Thursday, Kisumu ...
Read Story at The Standard (2005-10-03)
By Patrick Beja ENFORCEMENT of the Electronic Tax Registers (ETR) rule has cost Kenya Revenue Authority (KRA) over Sh 300 million, a top official said yesterday. Commissioner of Domestic Taxes, Mr Andrew Okello, said KRA has paid out Sh300 million as refund to traders who installed the tax ...
Read Story at The Standard (2006-07-28)
By Michael Omondi Tax collection by the Kenya Revenue Authority (KRA) increased by 13.3 per cent to Sh122.4 billion between July 1 and December 16 as compared to the same period last year. The Central Bank of Kenya (CBK) says in its weekly bulletin that KRA exceeded the mark ...
Read Story at The Standard (2005-12-27)
By John Oyuke Kenya Revenue Authority (KRA) has been empowered to sell property belonging to tax defaulters or freeze their bank accounts, tax experts reveal. Tax experts warn of potential abuse of proposed increase of powers to be bestowed on KRA Commissioner-General to ensure increase of tax compliance. Ms Shaira ...
Read Story at The Standard (2007-06-16)
By Alex Ndegwa The Kenya Revenue Authority (KRA) now says it has statutory powers to acquire information from various sources including banks when pursuing tax evaders. Commissioner of Domestic Taxes John Njiraini, however, assured taxpayers that KRA would not prey on their bank accounts with impunity saying the powers ...
Read Story at The Standard (2006-05-24)
KRA beats January tax target Published on February 13, 2008, 12:00 am By Kimathi Njoka and John Oyuke Kenya Revenue Authority (KRA) has defied the crisis occasioned by post-election disturbances to beat its revenue collection target for last month. KRA collected Sh34.22 billion against a target of Sh34.19 ...
Read Story at The Standard (2008-02-12)
By Judy Ogutu A Nairobi-based tannery has won round one in a legal battle pitting it against Kenya Revenue Authority (KRA) over a Sh299 million tax demand. The company, MHA Tanners Ltd, obtained orders blocking KRA Commissioner General, Mr Michael Waweru and the Kenya Anti-Corruption Commission (Kacc) from taking any ...
Read Story at The Standard (2006-09-11)
State corporations are among the worst tax defaulters in Kenya, it was revealed yesterday. They have accumulated up to Sh4.6 billion in Value Added Tax, and top the Kenya Revenue Authority?s enemy list. KRA Commissioner-General, Mr Michael Waweru, said that VAT paid by Government ministries, departments, parastatals and other public ...
Read Story at East African Standard (2003-10-14)
The Kenya Revenue Authority (KRA) yesterday asked taxpayers to make use of the newly established drop-off points to beat Income Tax Returns filing deadline set for June 30, 2004. Mr Michael Waweru, the KRA Commissioner-General told taxpayers to stop wasting time and money in travelling to the authority?s Times Tower ...
Read Story at East African Standard (2004-06-21)
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