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Tax Amnesty in Kenya: Waiver on Penalties and Interest Announced

Tax Amnesty in Kenya: Waiver on Penalties and Interest Announced
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Introduction

The Kenya Revenue Authority (KRA) has officially announced a tax amnesty program targeting penalties, interest, and fines on tax debt accrued up to December 31, 2023. The program, introduced under the Tax Procedures (Amendment) Act, 2024, will run from December 27, 2024, to June 30, 2025.

This initiative aims to provide relief to taxpayers burdened by accumulated penalties and interest, offering a clear path for compliance.


Key Highlights of the Tax Amnesty Program

  1. Automatic Waiver for Compliant Taxpayers
    • Taxpayers who have fully paid their principal taxes for the period up to December 31, 2023, will receive an automatic waiver on penalties and interest.
    • No application is required for these taxpayers.
  2. Payment Plan for Outstanding Principal Taxes
    • Taxpayers who have not cleared their principal taxes can apply for amnesty.
    • They must propose a payment plan to settle outstanding principal taxes by June 30, 2025.
  3. Application Process for Non-Compliant Taxpayers
    • Those unable to make a one-off payment must submit an application to the Commissioner for Domestic Taxes.
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How to Take Advantage of the Tax Amnesty

Taxpayers are encouraged to:

  • Visit the nearest Tax Service Office (TSO).
  • Contact KRA via:

Benefits of the Tax Amnesty Program

  • Financial relief through waived penalties and interest.
  • Flexible payment plans for taxpayers unable to settle outstanding principal taxes in one payment.
  • Improved compliance and reduced tax burden.
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Who Should Apply?

  • Individuals and businesses with tax debts accumulated up to December 31, 2023.
  • Taxpayers unable to make a one-time payment of their outstanding taxes.

Conclusion

The KRA Tax Amnesty Program 2024/2025 presents a golden opportunity for taxpayers to clear their outstanding tax liabilities without the burden of penalties and interest.

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Act now to secure financial relief and maintain tax compliance.

Stay informed, stay compliant!

For updates, visit your nearest Tax Service Office (TSO) or contact KRA via their official communication channels.

#KRATaxAmnesty #KenyaTaxRelief #TaxCompliance2025

Tax Amnesty in Kenya: Waiver on Penalties and Interest Announced


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