The Kenya Revenue Authority (KRA) is cautioning businesses against filing nil returns, warning of significant penalties for non-compliance as the June 30 filing deadline approaches.

• KRA warns that filing nil returns when a business has income is not a growth strategy and can trigger high-risk audits.
• Key figures mentioned include George Obell, Commissioner for the Micro and Small Taxpayers Department at KRA, who aims to increase the active taxpayer base.
• Penalties for failing to file by June 30 range from fines of Ksh2,000 or Ksh20,000, 5% of tax due, up to criminal prosecution with jail terms of up to 10 years or fines of up to Ksh10 million for fraudulent declarations.