– KRA had targeted to capture returns from at least 4 million registered taxpayers (33.33% rise from 3.2 million recorded in 2017)
– However, some 3.6 million taxpayers turned up for exercise and this saw declaration increase by 12.5%
– The growth in numbers has been attributed to public awareness and easy to use iTax system
– Kenyans have been urged to file their returns early, beginning January of every calendar year
Kenya Revenue Authority (KRA) has revealed that at least 3.6 million taxpayers filed their 2018 tax returns before the Sunday, June 30, 2019 deadline.
The KRA said some 400, 000 more taxpayers declared their returns from 3.2 million who were captured in 2017 translating to a 12.5% improvement.
The taxman attributed this to the easy to use iTax system and improved public awareness to the public on the important exercise.
“This improvement is attributed to the efficiency of the iTax platform and increased awareness campaign undertaken by the Authority encouraging the early filing of returns as well as on-site filing assistance extended to both individuals and organisations countrywide,” the statement posted on the authority’s website on Monday, July 1 read.
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TUKO.co.ke understands there are 8 million registered tax payers on itax. KRA had indicated it targeted to capture returns from at least 4 million tax payers during the exercise that commenced on January 1, 2019.
This would have translated to a 33.33% improvement but the taxman missed its target by about 400,000 clients.
“The growth in the numbers show positive progress in tax compliance, a move that will eventually drive the country towards economic self-reliance.
This year, as the deadline approached, Kenya Revenue Authority (KRA) Service Centres did not experience long queues as have been observed during the previous years,” KRA noted.
The authority lauded all taxpayers who turned up but also maintained that penalties will be levied against those who avoided the process.
“All taxpayers should keep in mind that penalty for late filing of annual returns for Income Tax Individual is KSh 2,000 or 5% of tax due whichever is higher, while Income Tax for Non-Individual is KSh 20,000 or 5% of tax due whichever is higher,” the statement continued
Kenyans have been urged to file their returns early, beginning January of every calendar year, to avoid last minute rush that comes around the June 30 deadline.
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