- The VAT return filing will be pre-filled with tax information from February 2024.
- Input VAT claims must be supported by valid TIMS/eTIMS generated tax invoices.
- Taxpayers must issue electronic tax invoices and transmit the details to KRA.
- January 2024 VAT self-assessment returns must be filed by 20th February 2024.
- Taxpayers will need to confirm the accuracy of the declaration before submission.
- KRA will continue to educate and support taxpayers in complying with electronic tax invoicing requirements.
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.
Latest Posts in "Kenya"
- Briefing document & Podcast: E-Invoicing and E-Reporting in Kenya
- Kenya High Court Confirms VAT Exemption for Insurers on Salvage Vehicle Sales
- High Court Ruling: Businesses Must Prove Supplier Legitimacy and Explain All Bank Deposits
- Kenya High Court Rules Platforms Liable for VAT: Major Impact on Gig Economy and Digital Services
- Kenya’s e-Invoicing Revolution: Empowering Compliance, Transparency, and Economic Growth Across Africa
