Tag Archives: expense deductibility

KRA’s eTIMS Rules Could Hit Small Businesses Hard, Analyst Warns

A leading tax policy expert is urging a review of the Finance Act 2023’s electronic invoicing (eTIMS) requirements, warning that tying tax-deductible expenses strictly to eTIMS compliance could unfairly penalize businesses—especially Micro, Small, and Medium Enterprises (MSMEs). Tax analyst Edna Gitachu said the current rules could create a “deductibility crisis” …

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