Key Issues Arrived at:
- KRA and the Eastleigh Business District Association (EBDA) have committed to collaborate to bolster tax outreach and awareness initiatives for enhanced compliance and revenue mobilization.
- KRA is committed to enhance trade facilitation and simplification of tax payment for national prosperity and enhanced compliance.
- Through this collaboration, KRA would tailor its engagement and tax outreach framework to respond to the unique needs of the Eastleigh Business Community, and thereby drive compliance.
- EBDA welcomed the move by KRA stating that regular engagements had greatly improved the perception of the Authority among the Business Community.
- EBDA reiterated that the Business Community shared Kenya’s industrialization vision, stating that it was time to invest and focus on production through industries, as this would yield more revenue for the Government.
Analysis:
This collaboration between KRA and EBDA is a significant development for Kenya's tax administration system. It demonstrates that KRA is committed to working with the business community to improve compliance, and that it is taking steps to make it easier for businesses to pay their taxes.
The key issues that emerged from the collaboration include:
- The need for tailored engagement and tax outreach initiatives for different business communities.
- The importance of simplifying tax payment procedures.
- The need to promote a culture of tax compliance among businesses.
- The role of the business community in supporting Kenya's industrialization vision.
These issues are all important for improving tax compliance in Kenya, and the collaboration between KRA and EBDA is a positive step forward.
Call to Action:
We encourage all businesses in Eastleigh to take advantage of the collaboration between KRA and EBDA to learn more about their tax obligations and how to comply with them. By paying our taxes fairly and on time, we can all contribute to building a more prosperous Kenya.
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