Looking for the newest info on KRA? You’re in the right place. We bring you the most useful stories, explanations, and tips without the jargon. Whether you’re a small business owner, a salaried worker, or just curious about how tax rules affect your life, this page gives you a clear picture.
Recent weeks have seen a flurry of announcements from the revenue authority. The most talked‑about change is the updated tax threshold, which now lets more earners keep a bigger part of their paycheck. Experts say this move could boost household spending and soften the impact of rising living costs.
Another hot topic is the crackdown on late filings. KRA has rolled out a new electronic reminder system that sends text alerts a week before deadlines. If you ignore the notice, penalties jump up quickly, so set a calendar reminder now.
For businesses, the revised VAT rules are worth a close look. The authority lowered the registration limit, meaning some small firms will need to start charging VAT sooner than expected. The good news? The new system automates many of the paperwork steps, cutting down on manual errors.
You might wonder how all this tax talk matters to you. First, the higher income threshold means more of your earnings stay in your bank account each month. That extra cash can go toward savings, a family outing, or simply paying off a credit‑card balance.
Second, the reminder alerts help you avoid surprise fines. A quick glance at your phone can keep you on track, and the online portal lets you file returns in minutes instead of hours.
Third, if you run a small shop or freelance gig, the new VAT rules could affect pricing. Many owners are adjusting their rates slightly to stay compliant while keeping customers happy. It’s a good idea to talk to a tax adviser early so you don’t scramble later.
Finally, KRA’s push for digital services means more data security. The portal uses two‑factor authentication, so only you can access your records. Locking down your login details now saves headaches down the road.
Overall, staying informed about KRA updates helps you make smarter financial choices. Bookmark this page, check back often, and you’ll never be caught off guard by a new tax rule again.
Posted by
Siseko Tapile
1 Comments
Kenya’s electronic tax invoice system, eTIMS, is now mandatory for every business. The article breaks down what the law requires, recent deadlines, benefits, common hurdles, and step‑by‑step guidance to help firms avoid penalties this filing season.
read more