Tuesday, August 1, 2017

KRA to deregister taxpayers not on iTax by end of August

Times Tower, the headquarters of the KRA, in Nairobi. FILE PHOTO | NMG Times Tower, the headquarters of the KRA, in Nairobi. FILE PHOTO | NMG 
The Kenya Revenue Authority (KRA) will beginning September deactivate taxpayers who have not uploaded their profiles on the iTax platform as its steps up the fight with tax cheats.
The taxman, through a newspaper notice, has asked all taxpayers who have not migrated their Personal Identification Numbers (PINs) to the iTax system to do so by August 31.
The KRA also says taxpayers registered on iTax but who are not filing their returns or filing nil returns despite evidence of them being in active business face deregistration in four weeks.
“KRA therefore notifies the general public that those who have not updated their PINs on iTax should do so by August 31 and commence filing immediately,” the notice states.
“Taxpayers who have not filed any return for the last three months will be considered as not trading and their PINs rendered inactive,” it added.
Fifty per cent of the 4.8 million registered taxpayers — 2.4 million people — failed to meet the KRA’s June 30 deadline for filing returns.
The number is higher than the 2.3 million Kenyans who breached the tax return filing deadline within the same period in the 2015 financial year.Express

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