Nairobi, Kenya – The Kenya Revenue Authority (KRA) seeks to transform tax administration with the VAT pre-populated return-filling system for the November 2024 tax period, which is due by 20th December 2024.
This initiative is a significant step towards simplification of the VAT return filing process while leveraging technology to enhance VAT compliance and customer experience.
The VAT pre-populated return presents a paradigm shift from requiring manual data analysis in preparation of VAT returns to prepopulating a return from integrated data obtained from digital platforms such as iTax, TIMS, eTIMS, and customs business systems to ease the burden on tax reporting processes for VAT-registered taxpayers.
“The VAT pre-populated return filling system reflects KRA’s commitment to simplifying tax processes,” said the Commissioner for Domestic Taxes.
“We are empowering businesses with a more transparent, efficient, and user-friendly tax reporting system as we explore further possibilities of a fully web-based VAT return and a taxpayer dashboard to provide a real-time view of all the sales and purchases for a given taxpayer.”.
VAT-registered taxpayers are required to issue and transmit electronic tax invoices to KRA through TIMS/eTIMS for all their sales as required by law.
With the aid of a QR code reader and an invoice checker that can be accessed on itax.kra.go.ke, taxpayers can verify whether their purchase invoices have been generated from TIMS/eTIMs or not and whether they include buyer details required for input tax claims.
VAT-registered taxpayers are required to verify the accuracy of their pre-populated VAT returns prior to submission to avoid errors in their filled VAT returns.
