Small businesses suffer as eTIMS nightmare unfolds
KRA insists it will not grant another "blanket extension" of the deadline.
Source: nation.africa
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Tax cheats: How KRA seeks to catch small traders
KRA is rolling out a new plan to get kiosk owners to file electronic invoices.
Source: nation.africa
How new January taxes will hit firms, consumers
The implementation of the controversial Finance Act 2023 enters its third phase this month.
Source: nation.africa
Traders face jail, Sh1m fine as KRA enforces new tax registers
The new system grants the taxman real-time access to invoices. It also means businesses will not use suppliers who do not have a Tax Invoice Management System (TIMS) machine.
Source: standardmedia.co.ke
Half of SMEs yet to install new ETRs
More than half of small businesses in the country have failed to adopt the new internet-enabled tax registers (ETRs) that relay daily sales to Kenya Revenue Authority (KRA) denying the taxman...
Source: businessdailyafrica.com