KRA fined KCB, Spire Bank Sh2bn for remitting tax late
Kenya Commercial Bank (KCB) and Spire Bank paid Kenya Revenue Authority (KRA) Sh2.1 billion and Sh152.2 million, respectively, in fines…
How new tax rules will shake up charity firms
Kenya has introduced new tax rules to govern donations to charitable organisations and the use of the proceeds given to…
Traders on edge as KRA goes for unpaid old taxes
The Kenya Revenue Authority (KRA) has written to scores of businesses notifying them of overdue value-added tax (VAT) balances that…
Excise stamps contract sinks Sh4.7bn hole in KRA books
The Kenya Revenue Authority (KRA) now owes Sh4.79 billion to a Swiss firm it contracted nine years ago to supply…
3 million Kenyans have three days to file tax returns
About three million Kenyans had not filed their tax returns four days before the June 30 deadline, exposing them to…
KRA to pay Doshi Sh2m for raiding its warehouse
The Court of Appeal has upheld a Sh2 million compensation slapped on the Kenya Revenue Authority (KRA) over the seizure…
Seven Seas to pay KRA Sh900 million in taxes
Companies Seven Seas to pay KRA Sh900 million in taxes Friday February 09 2024 Seven Seas Technologies CEO Michael Macharia.…
Banks start sharing customer data, balances with KRA
Companies Banks start sharing customer data, balances with KRA Friday February 09 2024 Times Tower in Nairobi, the headquarters of…
A land bridge too far? Thailand’s revived Kra megaproject a divisive issue among local residents
Murmurings about rampant land speculation, buying large areas cheaply with the aim to sell at a profit later when value…
EABL profit drop reveals impact of 24-hour taxes on manufacturers
Companies EABL profit drop reveals impact of 24-hour taxes on manufacturers Monday January 29 2024 Workers at the East African…