- Kenya Revenue Authority (KRA) announced grace period for non-VAT registered taxpayers to onboard to e-invoicing platform until March 31, 2024
- No penalties will be imposed on businesses during grace period for not issuing electronic invoices
- E-invoicing mandate in Kenya requires invoices to be sent to KRA’s platform in regulated format
- All businesses, including those not registered for VAT, required to use electronic Tax Invoice Management System (eTIMS) for e-invoicing as of September 1, 2023
- Starting January 1, 2024, business expenses not documented with electronic tax invoices are ineligible for tax deductions.
Source: sovos.com
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.
