Connect with us

Hi, what are you looking for?

Capital Business
Capital Business

Enterprise

KRA urges Kenyans to submit 2018 tax returns early

Kenya Revenue Authority urges taxpayers to submit their returns early to avoid being caught up by the deadline/FILE

NAIROBI, Kenya, Feb 22 – The Kenya Revenue Authority (KRA) has urged Kenyans to begin submitting their 2018 tax returns early.

The Authority has urged all employers to issue P9 Certificates to their employees early enough to facilitate them in filing their 2018 individual income tax returns in time and avoid late filing penalty.

Last year about 3.2 million taxpayers filed their returns in time. This year’s with deadline is scheduled for June 30th, 2019.

“KRA has enhanced iTax to have an auto-populated return of employment income. This has made it much easier, smoother and faster for employees whose source of income is only employment to file their returns. The employees are only required to input data on pension and annual relief.

On receipt of the P9 certificates, the employees should simply proceed and file their returns accordingly,” the Authority said in a statement.

Persons with employment and other sources of income are required to download excel sheet from iTax, fill in the required information offline and submit the return by easily loading it in iTax.

All PIN holders who have no source of income, for example, university or college students are required to file NIL returns.

“Taxpayers should note that filing of tax returns is a requirement for the issuance of a Tax Compliance Certificate (TCC),” KRA notes.

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...