Kenya Revenue Authority (KRA) is seeking to introduce waivers for Kenyans who failed to file returns.
While launching the online auction on Monday, October 2, KRA Commissioner General, Humphrey Wattanga noted that the negotiation process will be faster and accessible to registered taxpayers countrywide and globally.
“In the spirit of giving back to taxpayers, we are calling on those who have accrued interests up to December 2022 to take advantage of our Tax Amnesty program and pay up the principal taxes due, so that we can write off the penalties and interests accrued,” Wattanga stated.
He added urged taxpayers to embrace the program before it closes on June 30, 2024.
“All taxpayers are welcome to apply for waiver; for those who did not file their returns and accrued penalties for non-filing, they automatically qualify and should go ahead and file their returns,” he insisted.
KRA expects to collect Ksh50 billion from the program.
Speaking during the unveiling of the online auction, Cabinet Secretary, of National Treasury Njuguna Ndung’u stated that the Tax Amnesty program was one of the government’s fiscal policy measures aimed at cushioning Kenyans and strengthening economic resilience.
“Tax amnesties are projected to bring in additional revenue as taxpayers voluntarily report and pay taxes that may never be collected by the Government.
The amnesty program is expected to improve tax compliance as tax administrations learn from taxpayers’ previous behaviors, thereby allowing them to plan better.” the CS stated.
At the same time, KRA vowed to leverage online auctions to raise more funds to support the government.
Wattanga added that the online auction will give taxpayers the opportunity to appreciate the transparency of the bidding process.
