Sections of Kenyan employees were given relief on Tuesday as the Kenya Revenue Authority (KRA) announced tax breaks on gratuity payments earned after July 1. This reform, enacted by the Finance Act of 2025, effectively implies that employees would retain more of their end-of-service compensation in a policy shift aimed at lessening the burden on
The Kenya Revenue Authority (KRA) has come out to explain a recent change in how taxes on imported second-hand vehicles are calculated. This move comes after KRA made an announcement on May 30, 2025, stating that a new Current Retail Selling Price (CRSP) will take effect from July 1, 2025. The CRSP is the price
Failure to comply could lead to a Kshs.2,000 penalty, adding financial strain to those already struggling with economic challenges. The reminder comes as KRA intensifies efforts to boost compliance, revealing that only 2.4 million out of 8.5 million eligible taxpayers have filed their returns so far, a mere 30%. This low turnout has prompted the
Nelson Amenya has become one of the voices highlighting how powerful business empires like Devki are escaping responsibility while ordinary Kenyans suffer. Recent research shows that the International Monetary Fund (IMF) has advised Kenya to widen its tax net by targeting high-revenue sectors. But instead of applying this advice fairly, the government seems to protect