Business Daily | Peter Mburu
The Kenya Revenue Authority (KRA) has kicked off waivers on tax penalties incurred over the past five years in a bid to mop-up additional revenues amid a collection crunch caused by the Covid-19 pandemic.
The authority on Monday announced that taxpayers will now get full or partial relief on penalties and interest on the undisclosed taxes, in a programme that runs from January 1, to December 31, 2023.
The Voluntary Tax Disclosure Programme (VTDP) was introduced through the Finance Act, 2020 and seeks to…
