Kenya offers tax relief measures to boost collections amid COVID-19


Kenya is offering tax relief measures to boost collections amid the COVID-19 pandemic, the revenue agency said on Wednesday.

Caxton Masudi, deputy commissioner, Kenya Revenue Agency (KRA) told a virtual meeting that the voluntary tax disclosure program (VTDP) will provide remission on interest and penalties to tax liabilities declared.

“The government appreciates that we have come through a difficult moment in terms of challenges related to COVID-19 which has impacted businesses and incomes,” Masudi said.

He noted that tax authorities have identified close to 10,000 taxpayers for compliance checks and audits.

“It is this group of people that we are encouraging to come forward and make declarations so that we save the resources for chasing these taxes,” Masudi noted.

He noted that the fear of payment of interest and penalties could have caused a delay in voluntary declaration of taxes.

KRA said that the relief measures apply to taxes derived between July 2015 and June 2020.

Isaac Kweyu, manager of policy and tax advisory KRA, said that those who make a disclosure and payment of the taxes this year will qualify for full remission of penalties and interest.

According to the revenue agency, the east African nation collects over 95 percent of its taxes through voluntary measures while the rest is from enforcement actions. Enditem

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