01/01/2024
1. We would like to remind the public that starting September 1, 2023, all businesses, including those not registered for VAT, must electronically generate and transmit their invoices to KRA through the eTIMS platform.
2. IMPORTANTLY: From 𝐉𝐚𝐧𝐮𝐚𝐫𝐲 𝟏, 𝟐𝟎𝟐𝟒, any business expenditure lacking a valid electronic tax invoice won't be deductible for income tax purposes. It's crucial for businesses to comply with this requirement.
3. To support businesses and allow time for adjustments, onboarding to eTIMS for non-VAT registered taxpayers will be available until 𝐌𝐚𝐫𝐜𝐡 𝟑𝟏, 𝟐𝟎𝟐𝟒. Penalties 𝐰𝐨𝐧'𝐭 be imposed during this onboarding period.
4. During the onboarding phase, non-VAT registered taxpayers can join without facing penalties. This aims to facilitate a smooth transition to the new electronic tax invoice system.
5. Once onboarded, taxpayers must 𝐩𝐫𝐨𝐠𝐫𝐞𝐬𝐬𝐢𝐯𝐞𝐥𝐲 𝐢𝐧𝐩𝐮𝐭 manually generated invoices and receipts issued after 𝐉𝐚𝐧𝐮𝐚𝐫𝐲 𝟏, 𝟐𝟎𝟐𝟒, up to the onboarding date, onto the KRA system. This ensures a comprehensive record of transactions.
6. KRA is committed to continue supporting and facilitating all taxpayers to comply with the requirements of the law by conducting comprehensive stakeholder engagements, awareness campaigns, taxpayer education, and availing varied solutions including simplified solutions that cater to the various taxpayer segments.
7. For more information, contact our contact center via 020 4 999 999, 0711 099 999, or Email: [email protected]
Additional details can be found on our website www.kra.go.ke
Stay informed and compliant!
