The Kenyan National Treasury and Economic Planning introduced the Tax Procedures (Electronic Tax Invoice) Regulations 2024, providing further details on terminology, invoice content, exemptions, and exclusions. The regulations were announced in the Kenya Gazette on 3 May 2024, with clarifications on application, users’ obligations, and invoice content. The framework remains unchanged from the previous year, with added details and the revocation of the Electronic Tax Invoicing Regulations 2023. Notable clarifications include the requirement for tax invoices to include the buyer’s Personal Identification Number (PIN), applicable tax rate, and a QR code. Additionally, new transactions have been excluded from the electronic tax invoice requirement, such as fees charged by financial institutions and expenses subject to withholding final tax. The Commissioner may require specific persons to use a system that does not maintain a record of stocks, and in the event of an unplanned business closing, notification must be given to the Commissioner within seven days.
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- See also
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