The Kenya Electricity Generating Company, KenGen, has suffered a setback after the Tax Appeals Tribunal upheld a Sh2.36 billion compensating tax assessment issued by the Kenya Revenue Authority. The ruling stems from a long-running dispute over dividend payments made by KenGen between 2020 and 2023. The Tribunal found that the …
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Treasury Cabinet Secretary John Mbadi has suggested exempting Kenyans earning Sh30,000 or less from Pay As You Earn (PAYE) tax. The proposal, which still requires parliamentary approval, is intended to ease the cost-of-living pressure on low-income earners. Speaking at the People’s Dialogue Forum in Meru, Mbadi said the government does …
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Filing KRA (Kenya Revenue Authority) returns as an employed person is straightforward if you follow these steps. Here’s a simple guide for filing your KRA iTax returns using a P9 form (issued by your employer): What You Need Before You Begin: KRA PIN and iTax password P9 Form from your …
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The Supreme Court is set to review the government’s appeal regarding the 2023 Finance Act, which was previously deemed unconstitutional by the Court of Appeal. Today, the National Assembly and other appellants will present their case before a full seven-judge bench. These appellants include the Speaker of the National Assembly, …
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The Lower Eastern Times Opening The Third Eye