- The VAT Special Table is a list by KRA for businesses with suspicious VAT behavior.
- Being on the list means certain business functions are halted until issues are resolved.
- Reasons for being listed include not paying VAT after filing, not filing for over six months, claiming zero sales while others claim VAT from you, not using eTIMS, and being flagged as a missing trader.
- Consequences include inability to file VAT returns, others unable to claim VAT from your invoices, and loss of invoice credibility.
- To resolve, visit the Tax Service Office with necessary documentation and update filings.
Source: kenyanwallstreet.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.
Latest Posts in "Kenya"
- Uber to Issue Electronic Tax Invoices for Rides in Kenya Under New KRA Rules
- Kenya Enacts Tax Procedures Amendment Act 2024: Key Changes and Implementation Dates
- KRA to Integrate eTIMS and VAT Tools into GavaConnect, Engaging 1,000 API Developers
- Understanding VAT on Imported Services in Kenya: Compliance and Reverse Charge Mechanism Explained
- Complying with Kenya’s Mandatory Electronic Invoicing: A Guide to TIMS and KRA Requirements
