Tax Count Consultants

30/12/2024

21/03/2024

We would like to inform the public that the Affordable Housing Act, 2024 designates KRA as the ‘Collector’ of the Affordable Housing Levy (AHL).

This takes effect from 19th March 2024.

Employers are therefore required to deduct the AHL from employees' gross salary and remit it together with a matching contribution from the employer - 1.5% of the gross monthly salary for each employee.

Additionally, all other individuals who earn income in Kenya are required to remit 1.5% of their gross income as the Affordable Housing Levy (AHL) to KRA.

We are committed to ensuring that all individuals are supported in complying with this provision.

12/02/2024

📢𝐔𝐩𝐝𝐚𝐭𝐞 𝐨𝐧 𝐒𝐢𝐦𝐩𝐥𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐭𝐡𝐞 𝐕𝐀𝐓 𝐑𝐞𝐭𝐮𝐫𝐧 𝐅𝐢𝐥𝐢𝐧𝐠 𝐏𝐫𝐨𝐜𝐞𝐬𝐬.

Kindly note that the VAT return will now be pre-filled with tax information available to KRA with effect from the February 2024 tax period and not the January 2024 tax period as earlier communicated.

This adjustment is intended to ensure that ALL VAT claims are supported by valid TIMS/eTIMS generated tax invoices since any input VAT claim that is not validated through TIMS/eTIMS or against existing customs import declarations for import VAT claims will not be allowed.

In this regard, we remind all Taxpayers of their obligation to issue electronic tax invoices and transmit the invoice details to KRA.

We also advise all VAT registered Taxpayers to proceed and file their January 2024 VAT self-assessment returns by 20th February 2024.

Further, we remind Taxpayers that upon roll out of the simplified VAT return, they will be required to confirm the accuracy of the declaration before submission of the return.

We will continue to sensitize Taxpayers on the simplified VAT Return filing process and to support and facilitate all Taxpayers to comply with the electronic tax invoicing requirements.