KRA plans reforms to make VAT leading tax category source

NAIROBI, Kenya, June 19 - The Kenya Revenue Authority (KRA) seeks to make the value-added tax (VAT) category the leading source of tax for the country Kenya breaking news | Kenya news today |..
✨ Key Highlights
The Kenya Revenue Authority (KRA) is implementing digital reforms to transform the value-added tax (VAT) into the leading tax category in Kenya.
- VAT collection in the 2023/25 fiscal year reached Sh314.157 billion, up from the previous year, driven by the electronic Tax Invoice Management System (eTIMS).
- The initiative is led by George Obell, Medium and Small Taxpayers Commissioner, who aims to enhance VAT compliance and revenue.
- eTIMS enables real-time transaction monitoring, reducing fraud and streamlining the VAT return process for merchants.
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