Taxpayers enjoy over Kshs. 200 billion in waiver of penalties and interest from the Tax Amnesty Programme
Taxpayers enjoy over Kshs. 200 billion in waiver of penalties and interest from the Tax Amnesty Programme The Finance Act, 2023 introduced the Tax Amnesty Programme that allows Taxpayers to apply for waiver of penalties and interest accrued for periods up to 31st December 2022, upon full payment of their respective principal taxes by 30th June 2024. The programme runs from 1 st September 2023 to 30th June 2024. The Kenya Revenue Authority (KRA) is pleased to report that so far as at 20th February 2024, 227,071 Taxpayers have benefited from waiver of penalties and interest amounting to Kshs. 209 billion under the ongoing Tax Amnesty Programme having paid a total of Kshs. 14.5 billion in principal taxes. KRA reminds Taxpayers with outstanding principal taxes to take advantage of the ...
Date: 01 March 2024 Comments: 0