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March 3, 2026
2h ago

KRA Announces Daily Tax Payments for Businesses

KRA Announces Daily Tax Payments for Businesses

The authority emphasised its commitment to supporting small and micro enterprises through simplified services and continuous engagement...

✨ Key Highlights

The Kenya Revenue Authority (KRA) has announced a shift in tax payment for small-scale businesses, moving from monthly to daily Turnover Tax (TOT) payments.

  • The new system aims to improve cash flow for small traders by allowing them to pay based on daily sales rather than a lump sum monthly payment.
  • George Obell, Commissioner for Micro and Small Taxpayers at KRA, announced the change.
  • Turnover Tax applies to businesses with a gross annual turnover between Ksh1 million and Ksh25 million, previously paid at 15 per cent of gross earnings.

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