KRA announces Ksh 200 billion Waiver in Tax Amnesty Programme

The Kenya Revenue Authority (KRA) has today announced a Kenya shillings 200 billion waiver in penalties under the Tax Amnesty Programme. Below is KRA statement about the waiver. 

KRA Waiver in Tax Amnesty Programme - 2024

The Finance Act, 2023 introduced the Tax Amnesty Programme that allows Taxpayers to apply for waiver of penalties and interest accrued for periods up to 31st December 2022, upon full payment of their respective principal taxes by 30th June 2024. The programme runs from 1st September 2023 to 30th June 2024.

The Kenya Revenue Authority (KRA) is pleased to report that so far as at 20th February 2024, 227,071 Taxpayers have benefited from waiver of penalties and interest amounting to Kshs. 209 billion under the ongoing Tax Amnesty Programme having paid a total of Kshs. 14.5 billion in principal taxes.

KRA reminds Taxpayers with outstanding principal taxes to take advantage ofthe amnesty programme. Further, Taxpayers who have not filed their returns for the amnesty period are urged to file the returns in order to benefit from the Tax Amnesty Programme.

We also encourage Taxpayers with ongoing tax disputes to expedite resolution of their cases within the Amnesty period by considering out of court settlements through the Alternative Dispute Resolution (ADR) framework. This will enable them take advantage of the ongoing Tax Amnesty, noting that the provisions on waiver of penalties and interest and on abandonment of taxes, were repealed by the Finance Act, 2023.

KRA also takes this opportunity to remind Taxpayers whose Year of Income ends on 31st December 2023 to file their Income Tax Returns by 30th June 2024.