The Kenya Revenue Authority (KRA) has announced it collected Ksh 43.9 billion from 1,064,667 taxpayers under the tax amnesty programme that ended on June 30 2024.
In a statement on Thursday, August 1, KRA said waived penalties and interest amounting to Ksh 507.7 Billion between September 2023 and June 30, 2024.
“Through the tax amnesty programme, KRA waived penalties and interest amounting to Kshs. 507.7 Billion benefiting 3,115,393 taxpayers between 1st September 2023 and 30th June 2024.
“The waivers include those that were offered automatically after taxpayers filed their returns, declared and paid their principal taxes,” read the statement in part.
The authority noted that the amnesty programme was successful in the month of June 2024 when it recorded the highest collection of Ksh 15.1 Billion.
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The tax amnesty programme was introduced by the Finance Act 2023 allowing taxpayers to apply for amnesty of penalties and interests on tax debt for periods up to December 31, 2022.
This followed the repeal of the provisions on abandonment and waivers of penalties and interest.
Under the amnesty programme, taxpayers were only required to pay the principal tax amount of their outstanding tax debts.
“The tax amnesty programme provided a much-needed relief to taxpayers with outstanding tax obligations,” KRA added.
