57 h. ago Kenya Revenue Authority seizes 520 bags of suspected smuggled sugar at Taveta border post

Kenya Revenue Authority seizes 520 bags of suspected smuggled sugar at Taveta border post  ChiniMandi

Politics

59 h. ago Kenya: No New Taxes, Just Reforms As Mbadi Unveils Sh30bn Revenue Plan in 2025 Budget

Kenya: No New Taxes, Just Reforms As Mbadi Unveils Sh30bn Revenue Plan in 2025 Budget  allAfrica.com

Politics

59 h. ago Kenya: No New Taxes, Just Reforms As Mbadi Unveils $230 Million Revenue Plan in 2025 Budget

Kenya: No New Taxes, Just Reforms As Mbadi Unveils $230 Million Revenue Plan in 2025 Budget  allAfrica.com

Economics

3 d. ago No New Taxes, Just Reforms As Mbadi Unveils Sh30bn Revenue Plan in 2025 Budget

NAIROBI, Kenya, June 12 – National Treasury Cabinet Secretary John Mbadi has assured Kenyans that the Finance Bill 2025 will not introduce any new taxes or raise existing ones — a deliberate shift aimed at addressing public outrage sparked by previous tax policies. In his maiden budget speech to the National Assembly, Mbadi said the government […] The post No New Taxes, Just Reforms As Mbadi Unveils Sh30bn Revenue Plan in 2025 Budget appeared first on The DailyMail- Kenya.

Politics

3 d. ago Kenya’s budget to weigh revenue growth against public outrage By Reuters

Kenya’s budget to weigh revenue growth against public outrage By Reuters  Investing.com

Politics

3 d. ago Kenya's budget to weigh revenue growth against public outrage

Kenya's budget to weigh revenue growth against public outrage  Reuters

Politics

3 d. ago ‘We Must Pay Taxes’: Mbadi Defends KRA’s Plan to Access Personal Financial Data

Treasury Cabinet Secretary John Mbadi has defended a contentious proposal that would expand the Kenya Revenue Authority’s (KRA) powers, granting it access to personal and financial data of Kenyans. The move, outlined in the proposed 2025 Finance Bill, seeks to bolster tax enforcement and address chronic revenue shortfalls. At the heart of the proposal is a plan to repeal Section 59A(1B) of the Tax Procedures Act – a provision that currently shields individuals and businesses from being compelled to share customers’ personal data with tax authorities.  Scrapping this section would give KRA authority to monitor sensitive financial records, such as The post ‘We Must Pay Taxes’: Mbadi Defends KRA’s Plan to Access Personal Financial Data appeared first on Nairobi Wire.

Economics

9 d. ago KRA defends new car sell protocol citing stakeholder involvement

NAIROBI, Kenya, June 6 — The Kenya Revenue Authority (KRA) has defended the rollout of its newly revised Current Retail Selling Price (CRSP) list for used motor vehicles, citing a rigorous and consultative validation process that included extensive stakeholder engagement and updated valuation data. In a statement on Friday, KRA emphasized that the updated CRSP—its […] The post KRA defends new car sell protocol citing stakeholder involvement appeared first on The DailyMail- Kenya.

Politics

1 week ago Treasury Shelves PAYE Tax Cut Plan After KRA Misses Revenue Targets

NAIROBI, Kenya, June 5 – Treasury Cabinet Secretary John Mbadi has disclosed that plans to reduce Pay As You Earn (PAYE) tax were put on hold after the Kenya Revenue Authority (KRA) missed its revenue collection targets for the 2023/2024 financial year. Appearing before the Senate, Mbadi said the government had conducted simulations aimed at […] The post Treasury Shelves PAYE Tax Cut Plan After KRA Misses Revenue Targets appeared first on The DailyMail- Kenya.

Economics

2 w. ago World Bank urges 16 per cent VAT on meat, wheat flour, avocado, coffee to boost Kenya’s revenue

World Bank urges 16 per cent VAT on meat, wheat flour, avocado, coffee to boost Kenya’s revenue  The Eastleigh Voice

Politics

2 w. ago World Bank urges Kenya to implement fuel carbon tax for Sh40.5 billion revenue boost

World Bank urges Kenya to implement fuel carbon tax for Sh40.5 billion revenue boost  The Eastleigh Voice

Economics

2 w. ago World Bank urges Kenya to introduce carbon tax, projects Sh40.5 billion annual revenue

World Bank urges Kenya to introduce carbon tax, projects Sh40.5 billion annual revenue  The Eastleigh Voice

Economics

2 w. ago Gov’t Targets VAT Abuse in New Tax Crackdown Under Finance Bill 2025

The Kenya Kwanza administartion is taking a bold step to tighten its tax regime through the proposed Finance Bill 2025, aiming to curb abuse of VAT exemptions and zero-rating privileges. The government plans to empower the Kenya Revenue Authority (KRA) with greater oversight and recovery powers to track how tax-favoured goods and services are ultimately used. In a significant shift, the Bill introduces Section 66A to the VAT Act, allowing KRA to recover VAT from anyone who misuses goods or services initially acquired under exempt or zero-rated status. If enacted, the law will apply to individuals and businesses that import or purchase items like medical equipment, agricultural inputs, or educational The post Gov’t Targets VAT Abuse in New Tax Crackdown Under Finance Bill 2025 appeared first on Nairobi Wire.

Economics

2 w. ago World Bank Pushes Kenya to Freeze Hiring for Two Years to Cut Wage Bill

The World Bank has urged the Kenyan government to impose a two-year hiring freeze in the public sector to rein in the unsustainable wage bill that continues to strain national finances. In its Public Finance Review report released on Tuesday, May 27, the global lender warned that unchecked public payroll growth could derail key development goals. It emphasized that a temporary hiring suspension would provide room to audit current salary structures and optimize the allocation of existing personnel. “Adopting a temporary hiring freeze can make space for the government to review the compensation structures and assess the efficient allocation of existing civil servants,” the report stated. Education Sector Exempted Amid The post World Bank Pushes Kenya to Freeze Hiring for Two Years to Cut Wage Bill appeared first on Nairobi Wire.

Economics

2 w. ago Kenya Revenue Authority announces multiple job vacancies for supervisors

Kenya Revenue Authority announces multiple job vacancies for supervisors  MSN

Politics

3 w. ago KRA Extends Service Hours and Offers Weekend Support Ahead of June 30 Tax Filing Deadline

The Kenya Revenue Authority (KRA) has extended its working hours to give Kenyans extra time to file their 2024 income tax returns before the June 30 deadline. In a notice issued on Tuesday, May 20, KRA announced that all its service centres and Huduma Centres in busy areas will stay open longer to help taxpayers meet the deadline comfortably. KRA reminded everyone with a KRA PIN that filing an income tax return is mandatory each year, regardless of whether they earned income. This legal requirement helps the government track revenue and fund public services. Under the new schedule, KRA service and Huduma Centres will operate Monday through Friday from 7:00 The post KRA Extends Service Hours and Offers Weekend Support Ahead of June 30 Tax Filing Deadline appeared first on Nairobi Wire.

Events

3 w. ago Ghana, Nigeria, Kenya reveal revenue generation models from national ID programs

Ghana, Nigeria, Kenya reveal revenue generation models from national ID programs  Biometric Update

Politics

3 w. ago Raila to State: Seal revenue leaks, Kenyans can no longer shoulder heavy tax burden

Raila to State: Seal revenue leaks, Kenyans can no longer shoulder heavy tax burden  Daily Nation

Politics