Tax Clearance Certificate Enhancement - Prime Welsch Consulting LLC

Overview

KRA has enhanced the tax compliance certificate application and renewal process. Tax payers must:

1. Comply with eTIMS/TIMS requirements (mandatory for VAT-registered businesses).

2. Duly file all tax returns.

3. Pay taxes before due dates.

4. Settle any outstanding debt.

5. Comply with the VAT Act, 2013 and related regulations.

Detailed Analysis

The main enhancement is the requirement for businesses and individuals with business income to comply with eTIMS/TIMS. KRA has linked the eTIMS/TIMS module with Income Tax and PAYE modules, making electronic invoicing integral to compliance.

Next steps

6. Register and activate eTIMS.

7. Ensure proper invoicing and record-keeping.

8. Clear outstanding liabilities.

9. File and pay all taxes on time

Disclaimer: This update is meant to highlight the recent changes in the statutory and regulatory environment in the Country. It should not be considered as a substitute for professional advice. We advise that you seek professional advice on areas that may be of importance to you.

Prime Welsch Consulting LLP is based in Nairobi, Westlands, Madonna House, 3rd Floor Suite 317 and offers professional services to businesses and organisations including Tax Compliance & Advisory, Transfer Pricing, Cross Border Transaction structuring/re-structuring, Accounting, Company Secretarial, Governance, Human Resource support. A full description of our services is featured on our website www.primewelsch.com.

Any enquiries are welcome through our email address;

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