Blog Post

22 Nov
By: root 0

KEPSA AND KRA HOSTS THE 8TH TAX ROUNDTABLE

KEPSA and the Kenya Revenue Authority (KRA) on 18th November 2021 jointly hosted the 8th Tax Roundtable that was held virtually owing to the measures adopted to limit the spread of the COVID-19 virus. The forum provided an opportunity for the private sector and the tax regulator to have candid discussions on the tax structures and appreciate the progress made on issues raised as well as identify emerging issues to be addressed to ensure there is an enabling business environment.

The joint convening followed several engagements between the two bodies through the technical teams to tackle some outstanding administrative taxation issues affecting the private sector.

In her opening remarks, KEPSA CEO Ms. Carole Kariuki highlighted various issues that KRA had committed to, including streamlining the migration of data from the legacy system to iTax, expediting payment of VAT refunds, the introduction of transitional provisions for the Tax Laws (Amendment) Act, 2020 among others. Ms. Kariuki concluded her remarks by noting that there needed to be a change in policy in the way V.A.T refunds were being handled because it had remained to be a perennial issue.

Representing KRA Commissioner-General Mr. Githii Mburu, KRA Commissioner for Corporate Support Services Dr. David Kinuu acknowledged the resolution rate of around 60% of the administrative issues that had been raised. He noted that these were the fruits of the structured engagements between the two institutions while noting the KRA’s commitment to facilitate businesses in a manner that will enable them to generate revenues and at the same time ensure that KRA collects the required/correct revenues.

In conclusion, both the private sector and KRA agreed to continue with the dialogue in order to find solutions to the challenges the private sector faces and in turn enhancing revenue collection.

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