KRA chairman defends Sh3.2 million consolidated cargo duty benchmark
Speaking on Radio Generation on Tuesday, Muriithi said the consolidation system was introduced to help small traders who cannot fill an entire container on their own.
Speaking on Radio Generation on Tuesday, Muriithi said the consolidation system was introduced to help small traders who cannot fill an entire container on their own.
Speaking during a Radio Generation interview on Tuesday, Muriithi said counties should work together to remove barriers that increase the cost of moving goods and services between neighbouring jurisdictions
The new system will require suppliers doing business with government entities to generate valid eTIMS invoices before submitting them for payment through IFMIS.
Consolidated cargo enables several small importers to ship their goods together in one container. By sharing the same container, traders can reduce shipping and other logistics expenses that would otherwise be...
Abdullahi said counties were facing challenges linked to the transition into the new financial year, including issues with IFMIS, e-GP and the integration between IFMIS and Kenya Revenue Authority systems.
The glossary will standardise signs for 284 technical terms and is expected to improve tax literacy while reducing miscommunication and misinterpretation of specialised tax information
The reminder covers several categories of tax obligations affecting businesses, landlords and individuals engaged in taxable activities
Shippers Council of Eastern Africa (SCEA) says the process creates another layer of reporting even though traders already submit the same information through the Import Declaration Form, shipping manifests, the...
The unpaid contributions represent money already deducted from employees' salaries but not transferred to pension schemes, denying workers investment returns that would have grown their retirement savings over...
The tax amnesty, which took effect on July 1 and will run until December 31, 2026, was brought back under the Finance Act, 2026. It allows taxpayers to enjoy a 100 per cent waiver of penalties, interest and fin...
Appearing before the National Assembly Committee on Trade, Industry and Cooperatives, Mbadi said the exemption from the Import Declaration Fee (IDF) and Railway Development Levy (RDL) followed consultations inv...
According to documents submitted to Parliament, the importer eventually paid Sh511.8 million in taxes, including VAT and other charges.