Sunday, November 24, 2024

6.3 million Kenyans beat deadline to file KRA returns

6.3 million Kenyans beat deadline to file KRA returns

6.3 million Kenyans beat deadline for filing their tax returns that was set for midnight June 30th Friday, 2023.

This represents a 14.5 per cent growth compared to returns filed in the previous year of income, 2021 which stood at 5.5 million.

According to KRA, some of the success drivers in this year’s filing season included:

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  • Early release of P9 forms by employers.
  • Taxpayers consistently take the initiative to comply with their return filing obligations.
  • Collaboration between Kenya Revenue Authority (KRA) and various stakeholders including Government agencies, community leaders, business member organizations, and religious and academic institutions to implement off-site filing support.
  • KRA’s service support framework.

“KRA commends taxpayers for turning up in large numbers to meet their tax obligations,” KRA said in a statement.

“This is a true show of patriotism that should be embraced more in the next financial year.”

How KRA has simplified process of filing returns this year

Kenyans who failed to meet the deadline will now face penalties for their failure to file returns.

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“KRA reminds the public that failure to file income tax returns by the due date which is 30th June attracts a penalty of Sh. 2,000 or 5 per cent of the tax due whichever is higher for individuals,” said KRA.

Non individuals will face Sh. 20,000 or 5 per cent of the tax due whichever is higher.

“KRA Service Centres and the Contact Centre (0711 099 999) will continue to operate under normal working hours to facilitate taxpayers who may want to file their returns,” said KRA.

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