KRA extends simplified VAT return filing process to February

Kenya Revenue Authority has announced that it has extended VAT return pre-filling with information available to KRA from January 2024 to February 2024. Below is the statement issued by KRA; 

Simplified VAT Return Filing Process

The Kenya Revenue Authority (KRA) wishes to update all VAT registered Taxpayers that further to our Public Notice on "Simplification of the VAT Return Filing" the VAT return will now be pre-filled with tax information available to KRA with effect from the February 2024 tax period and not the January 2024 tax period as earlier communicated.

This adjustment is intended to prevail upon VAT registered Taxpayers to ensure that ALL their input VAT claims are supported by valid TIMS/eTIMS generated tax invoices since any input VAT claim that is not validated through TIMS/eTIMS or against existing customs import declarations for import VAT claims will not be allowed. In this regard, we remind all Taxpayers of their obligation to issue electronic tax invoices and transmit the invoice details to KRA.

We therefore advise all VAT registered Taxpayers to proceed and file their January 2024 VAT self-assessment returns by 20th February 2024. Further, we remind Taxpayers that upon roll out of the simplified VAT return, they will be required to confirm the accuracy of the declaration before submission of the return.