- Kenya Revenue Authority aims to make VAT the leading tax source through digital reforms
- eTIMS platform has improved VAT compliance and reduced fraud
- eTIMS allows real-time transaction monitoring and automated enforcement
- VAT system in Kenya is undergoing significant changes
- Goal is for VAT to become the most reliable and highest-yielding tax
- Domestic VAT collection increased in the 2023/25 fiscal year due to eTIMS
- Customs revenue surpassed VAT collection during the same period
- VAT return process is being streamlined for easier filing by merchants
Source: msn.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"
- World Bank Urges Kenya to Raise Consumption Taxes to Clear Supplier Debts
- Kenya Implements New Import Compliance Obligations
- 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
