KRA insists deadline will not be extended as 1.7M taxpayers file returns - Capital Business
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KRA insists deadline will not be extended as 1.7M taxpayers file returns

DCF 1.0

DCF 1.0

NAIROBI, Kenya, 1 Jul – The Kenya Revenue Authority has reiterated that the deadline for filing returns has not been extended and ‘will not be extended.’ 

The Commissioner of Domestic Tax said 1.7 million Kenyans had met the deadline for filing their returns by yesterday midnight (June 30th, Thursday, 2016).

“KRA commends taxpayers for turning up in large numbers to meet their tax obligation. This is a true show of patriotism that should be embraced more in the new financial year,” said the authority in a statement.

According to the Tax Procedure Act 2015, Section 83, late filing of returns attracts penalties as follows;
 For employment returns, the higher of 25 percent of tax due or Sh10, 000.
 For Turnover Tax return – Sh5, 000.
 In any other case, 25% of the tax payable under the return or Sh25,000 whichever is higher.
 For failure to submit a document other than a tax return, Sh1,000 for each day or part day of default but the total shall not exceed Ksh50, 000.

KRA added iTAX Support Centers will continue to operate under normal working hours to assist those filing their returns late.

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