KRA Goes After Online Business Owners

The Kenya Revenue Authority (KRA) is going after online business owners who do not pay taxes.

On its website, KRA stated that some traders carry out online businesses and do not file returns or pay taxes on the transactions.

“KRA would like to advise that unless income or supply is expressly exempt in the law, appropriate taxes should be paid,” part of the notice reads.

SEE ALSO: Drunk Police Officer Rams Into Civilians

The authority also reminded the taxpayers that the self-assessment regime required them to file and pay taxes.

Some of the taxes mentioned are; VAT, Excise Duty, Withholding Tax, PAYE, corporate taxes and any other tax obligation required under the business.

The notice further noted that taxpayers whose annual taxable turnover is Ksh5 million and above should register for VAT obligation and charge tax.

SEE ALSO: Children in Flooded Classrooms Enrage Kenyans

On the other hand, those whose turnover is below Ksh5 million should pay presumptive tax.

The authority also invited taxpayers who need assistance to enable them to declare taxes for a sensitization program.

“To this end, all taxpayers engaged in online trading in goods and services are invited for a sensitization forum on 17th May, 2019 from 8:30 am to 11:00 am at Hilton Hotel,” reads the notice.

Related posts

Leave a Comment