The Kenya Revenue Authority has notified taxpayers about the tax amnesty provided under the Finance Act 2023.
The amnesty applies to penalties and interests for tax debt up to the period 31st December 2022.
The following are factors of eligibility;
- The amnesty means that all penalties and interests will be waived for up to the period 31st December 2022;
- To qualify, the principle tax liability must have been settled; taxpayer will qualify automatically for the amnesty.
- If the principle tax liability has not yet been settled for up to 31st December 2022, the taxpayer will qualify upon application for amnesty.
- Monthly taxes for December 2022 but payable the following month may also qualify.
Disclaimer: Please note that eligibility may only be confirmed by the KRA.