Aasai

In a statement dated Monday, March 3, KRA announced that since the program’s launch on December 27, 2024, over 1.9 million taxpayers have already benefited, allowing them to regularize their tax compliance.

“The Kenya Revenue Authority (KRA) is offering taxpayers an incredible opportunity to ease their tax burdens, having waived over Ksh140 billion in penalties, interest, and fines under the ongoing Tax Amnesty Program. With over 1.9 million taxpayers already benefiting, this initiative continues to provide relief to those who qualify,” read the statement.

According to KRA, the Tax Amnesty Program reintroduced through the Tax Procedures (Amendment) Act, 2024, is designed to help taxpayers settle outstanding tax debts accrued up to December 31, 2023.

Tax Amnesty Program Details

By waiving penalties and interest, KRA seeks to support individuals and businesses struggling with past tax obligations. The program, which runs until June 30, 2025, reflects the Authority’s commitment to encouraging voluntary compliance while reducing financial pressure on taxpayers.

Since its relaunch, the initiative has already collected Ksh4 billion in principal tax payments, demonstrating its effectiveness and the willingness of taxpayers to take advantage of the amnesty.

Key Features of the Tax Amnesty Program

• Automatic Waiver: Taxpayers who cleared their principal tax obligations before December 31, 2023, automatically qualify for a waiver on related penalties and interest, with no application required.
• Application Requirement: Those with outstanding principal taxes up to December 31, 2023, must apply via the iTax system and submit a structured payment plan to clear their debts by June 30, 2025.
• Exclusions: Tax debts incurred from January 1, 2024, onward do not qualify for amnesty. All penalties, interest, and principal taxes for debts accrued after this date remain payable.

Additionally, KRA encouraged taxpayers with ongoing tax disputes to resolve them through the Alternative Dispute Resolution (ADR) mechanism before the amnesty deadline to ensure a swift resolution.

The Authority urged eligible taxpayers to take advantage of the amnesty before the June 30, 2025, deadline to avoid missing out on this relief.

“Eligible taxpayers are urged to act promptly in order to take full advantage of this amnesty before the June 30, 2025, deadline,” KRA emphasized.