From the 2025 accounting period, the Kenya Revenue Authority (KRA) will strictly enforce the use of eTIMS for validating business income and expenses in Income Tax Returns. All recognised sales and expenses must now be supported by eTIMS-issued invoices, with non-compliant transactions disallowed during tax computation and filing on iTax. This shift will significantly impact businesses of all sizes, compelling greater formalisation, upgraded accounting systems, and closer alignment with KRA’s digital records to remain compliant and competitive.
Tag Archives: Prime Welsch
20
Jan
Jan
KRA has enhanced the Tax Clearance Certificate application and renewal process, introducing stricter compliance requirements for businesses and individuals with business income. A key change is the mandatory integration of eTIMS/TIMS with Income Tax and PAYE, making electronic invoicing central to tax compliance. Taxpayers must ensure timely filing and payment of taxes, settlement of outstanding liabilities, and full adherence to the VAT Act, 2013 and related regulations.
15
Sep
Sep
Discover why partnering with a professional firm like Prime Welsch is the smartest decision for your business. From compliance to growth, here are 10 reasons why expertise matters.
