KRA PIN Registration: The Kenya Revenue Authority has announced the mass deregistration of the famous KRA Pins. According to the taxman, all personal identification numbers belonging to Kenyans who don’t file their taxes will be deregistered in a month’s time.
In an advertisement that was carried by local dailies, KRA has now issued a 30 day notice to all persons eligible to remit their Value Added Taxes and Income Taxes. Those who fail to eat this deadline will have their personal identification numbers deregistered. The deregistration will effectively erase their personal identification data from the national registry, which will make it nearly impossible to transact or do business in Kenya. A KRA PIN registration is mandatory in Kenya when doing business or when transacting on properties such as land and vehicle.
“Kenya Revenue Authority (KRA) would like to notify the public that taxpayers who are registered under the Value Added Tax (VAT) Act, 2013, and the Income Tax Act, CAP 470 Laws of Kenya are required to file their returns under the respective laws. Failure to file tax returns, unless the cause is shown to the contrary, the commissioner of the Domestic Taxes shall have their Personal Identification Numbers (PINs) deregistered and cancelled from the KRA system at the expiration of thirty (30) days from the date of this notice,” KRA said in the notice.
The taxman has also asked the affected individuals to take advantage of the Voluntary Tax Disclosure program and negotiate their payment. “Taxpayers are also encouraged to take advantage of the Voluntary Tax Disclosure Program and apply, disclose and pay their outstanding liability with a relief on interest and penalties,” KRA said.