- KRA has waived penalties for non-VAT registered businesses to onboard onto the eTIMS platform
- Businesses have until March 31, 2024, to onboard without incurring penalties
- Penalties for failure to issue electronic tax invoices will not be imposed during the onboarding period
- All businesses, including those not registered for VAT, must electronically generate and transmit their invoices through eTIMS starting September 1, 2023
- The eTIMS platform allows businesses to provide electronic invoices through multiple channels and in real time
- The platform is efficient and cost-effective, allowing businesses to use mobile applications and an online portal without extra charges
- KRA has been organizing webinars to educate Kenyans on the onboarding process.
Source: kenyans.co.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.
