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KRA suspends payment of tax relief
Tuesday 28th February, 2023 07:10 PM|
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The Kenya Revenue Authority (KRA) has suspended the payment of refunds, exemptions, waivers and abandonments of tax relief to enhance the process.
In a statement on Tuesday, February 28, KRA said it has granted reliefs and incentives totalling to KSh666 billion, with an average of Ksh122 Billion per annum.
“The move to suspend payment of tax reliefs allows KRA to audit and enhance the relief process and procedures,” the taxman said in the statement.
It added: “KRA continues to comply with the law by assessing and processing the tax reliefs during this process.”
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