Kenyans Who Fail To File Returns To Lose KRA Pins

Kenyans Who Fail To File Returns To Lose KRA Pins.
Spread the love

Kenyans Who Fail To File Returns To Lose KRA Pins

You are risking if you fail to file your tax returns before the June 30th deadline as you will lose your Kenya Revenue Authority (KRA) pin.

On Monday, in a newly published notice, the taxman said persons who have already failed to file their respective tax returns without showing cause will lose their pins after the lapse of a 30-day window.

“Failure to file returns, unless a cause is shown to the contrary, the Commissioner of Domestic Taxes shall have their personal identification numbers (PINs) de-registered and canceled from the KRA system,” read part the notice.

Kenyans Who Fail To File Returns To Lose KRA Pins.

At least 62,727 pins have been listed on the tax collection agency website that are intended for de-registration in the next month.

The list of pins set for cancellation are linked to an estimated 7,107 individual accounts with the balance, a majority, comprising of companies, schools, and self-help groups.

The intended de-registration and cancellation of the pins is part of KRA’s move to enforce tax returns compliance as provided for by the 2015, Tax Procedures Act.

KRA has asked taxpayers to take advantage of its ongoing voluntary tax disclosure program (VTDP) to rationalize outstanding tax payments and meet the filing requirement.

“Taxpayers are also encouraged to take advantage of the Voluntary Tax Disclosure Program and apply, disclose and pay their outstanding liability with a relief on interest and penalties,” added KRA.

The loss of KRA pins is expected to have detrimental effects as the identification number being a prerequisite to processes such as the opening of bank accounts, jobs applications, and even land registration.

Felicity Gitonga
Felicity Gitonga is the founder of Africa Business News. abn, freelance writer, journalist, and author with a passion for telling stories.

President Samia Suluhu In Kenya for A Two-Day State Visit

Previous article

Insecurities Are Ruining Your Relationship.

Next article

More in Business

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *