Connect with us

Hi, what are you looking for?

Capital Business
Capital Business

Kenya

Over 2.5 million Taxpayers file returns with two days to deadline

KRA Taxpayer Education officer Nicholas Mutembei guides wardens from Lang’ata Women’s Maximum Security Prison file their 2017 tax returns during an on-location filing assistance exercise

NAIROBI, Kenya, Jun 28 – More than 2.5 Million taxpayers have filed their 2017 income tax returns on the iTax platform, with less than two days left before the exercise officially comes to a close on Saturday 30th June, 2018.

This, according to Commissioner for Domestic Taxes Department, is a significant improvement compared to last year when 1.76 million individuals filed their tax returns.

The department attributes the improved performance to the efficiency of the iTax platform and the increased awareness campaign undertaken by KRA encouraging early filing of returns as well as on-site filing assistance that the Authority has been extending to organizations countrywide.

“KRA urges taxpayers who are yet to submit their returns to do so to avoid the rush close to the deadline that has been witnessed in previous fiscal years. KRA officials will be stationed in all the 38 service centres and the 51 KRA Huduma Centres countrywide on Saturday,” says Benson Korongo Commissioner for Domestic Taxes.

Apart from the Service and Huduma Centres, taxpayers can also visit KRA regional offices countrywide for any assistance.

The penalty for late submission of an income tax return for an individual is Sh20,000 as stipulated in the Tax Procedures Act 2015.

Click to comment
Advertisement

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...

Headlines

NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...

Kenya

NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...

Coronavirus

NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...

Coronavirus

NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...