- The Kenya Revenue Authority (KRA) has introduced mandatory e-invoicing to enhance transparency and tax compliance.
- Starting from September 1, 2023, businesses in Kenya must adopt electronic invoicing through the eTIMS platform.
- Effective January 1, 2024, only expenses supported by valid electronic tax invoices will be considered for income tax deductions.
- Non-VAT registered taxpayers have a grace period until March 31, 2024, to transition to e-invoicing without penalties.
- The KRA is committed to supporting taxpayers through stakeholder engagements, awareness campaigns, and education to facilitate a smooth transition and promote compliance.
Source RTCsuite
Click on the logo to visit the website
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "Kenya"
- Kenya High Court Rules Payment Services as VAT-Exempt, Overturns Tribunal Decision
- KRA Reminds Operators to Renew Bonded Warehouse and MUB Licenses by December 2025
- KRA Reminds Transporters to Renew Transit Goods Vehicle Licenses by October 31
- KRA Announces Customs Agents License Renewal Applications for 2026
- Kenya Enforces Mandatory Certificate of Origin Requirement for All Imports