KRA introduces simplified VAT filing for small businesses
The Kenya Revenue Authority has launched a simplified VAT return form on iTax for businesses with annual turnover below KES 5 million, cutting the filing process from 12 fields to 4.
The Kenya Revenue Authority (KRA) has introduced a simplified VAT return form on the iTax platform aimed at small and medium enterprises with annual turnover below KES 5 million.
The simplified form reduces the number of required fields from 12 to 4, and pre-populates purchase data from KRA's electronic Tax Invoice Management System (eTIMS) where available.
"Small businesses have consistently told us that VAT compliance was disproportionately burdensome relative to their size," said a KRA Domestic Taxes official. "This form should cut filing time from around 45 minutes to under 10."
The simplified filing option is available immediately on itax.kra.go.ke for eligible taxpayers, identified automatically based on registered turnover.