Tuesday, May 28, 2024

KRA To Write OFf All Penalties and Debts Accrued Upto 31st Dec 2022 Through Tax Amnesty Program

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What is Armnesty?

A Tax amnesty is a limited time offer targeted for a class of Taxpayers with an aim of addressing a specific problem or achieving a specific objective.The Finance Act, 2023 introduced Section 37E to the Tax Procedures Act, 2015 which has granted a tax amnesty 0n penalties and interest on tax debt for periods up to 31st December 2022.

A person qualifies for the tax amnesty on penalties and interest where the person –

  • Has no principal taxes owed but there are penalties and interest for periods up to 31st December 2022.
  • Fully pays any outstanding principal taxes accrued up to 31st December 2022, by 30th June 2024.
  1.  By logging into your iTax page and going to Amnesty application tab under Debt and Enforcement and making the application.
  2.  Clicking on the link shared through your Email/SMS which will re-direct you to your iTax page to make the application.
  3.  Visiting the nearest Tax Service Office (TSO) or KRA help desk at Huduma Centre for assistance on the application process.

For More information read about the tax Amnesty program here 

“Hello mpermanent, situation lko aje? Tumekumiss, si turudiane! Tumekutolea form, wewe tokelezea tu! Chapa reset with the tax amnesty program.Usiwachwe nyuma;” KRA Wrote in their X Platform 

 

Samuel Musila
Samuel Musilahttps://techknow.africa
Passionate Software Developer and Tech content creator From Nairobi, Kenya

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