- All persons carrying on business, including those not registered for VAT, must electronically generate and transmit their invoices to KRA via eTIMS from September 1, 2023.
- Starting from January 1, 2024, any business expenditure without a valid electronic tax invoice will not be deductible for income tax purposes.
- Non-VAT registered taxpayers have until March 31, 2024, to onboard to the eTIMS platform without facing penalties for failure to issue electronic tax invoices.
- Once onboarded, taxpayers must progressively capture manually generated invoices and receipts issued after January 1, 2024, onto the KRA system.
- KRA will support and facilitate taxpayers in complying with the law through stakeholder engagements, awareness campaigns, taxpayer education, and providing simplified solutions for different taxpayer segments.
Source: kra.go.ke
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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