The Online Kenyan Logo

The Online Kenyan

N
Originally published by Nation Business
📰 Read Full Article
business
June 14, 2026
17h ago

KRA flags Sh100bn loss in rental income, targets landlords in crackdown

KRA flags Sh100bn loss in rental income, targets landlords in crackdown

Landlords unwilling to voluntarily pay taxes to Kenya Revenue Authority...

✨ Key Highlights

The Kenya Revenue Authority (KRA) is intensifying its efforts to collect taxes, particularly on rental income and imported mobile phones, citing significant revenue losses.

  • The KRA estimates a Sh100 billion annual loss in rental income due to tax evasion, with only Sh16 billion collected currently.
  • Newly appointed KRA Commissioner General Adan Mohammed is pushing for broader tax compliance, aiming to widen the tax base beyond the current 12,000 companies and three million salaried workers.
  • Discussions are underway regarding proposed changes to mobile phone taxation, with the KRA advocating for retaining a 16% VAT and 25% excise duty on imported cellular devices, even as the Treasury proposes reducing the overall tax burden.

Continue Reading

Read the complete article from Nation Business

📰 Read Full Article
Advertisement

Related News

Migori warudisha shukrani kanisani All Saints Cathedral
Video

Migori warudisha shukrani kanisani All Saints Cathedral

C
Citizen TV (Youtube)
23h ago
MPs question KRA officials over amendment of excise duty Act
Video

MPs question KRA officials over amendment of excise duty Act

C
Citizen TV (Youtube)
2d ago
KRA Seeks Power to Freeze Employer Assets in New Crackdown
top2d ago

KRA Seeks Power to Freeze Employer Assets in New Crackdown

The Kenya Revenue Authority (KRA) is seeking new powers to freeze the assets of employers who fail to remit deducted pension contributions. This proposed expansion of enforcement measures is part of the KRA (Amendment) Bill, 2026, aimed at strengthening revenue collection.

K
Kenyans
📰 Read Full Story
Police propose special border unit to combat alcohol smuggling
business3d ago

Police propose special border unit to combat alcohol smuggling

Kenya's National Police Service (NPS) is proposing a new dedicated unit to combat the growing problem of alcohol smuggling across borders.

C
Capital Business
📰 Read Full Story
No New Taxes as Government Prioritises Relief for Kenyans, Says Mbadi
top3d ago

No New Taxes as Government Prioritises Relief for Kenyans, Says Mbadi

Treasury Cabinet Secretary John Mbadi announced that the government will not introduce new taxes or increase existing tax rates in the 2026 Finance Bill, prioritizing relief for Kenyans amidst economic strain.

C
Capital News
📰 Read Full Story
Advertisement