The State of Tax Collections | Business Redefined

A conversation with KRA's Commissioner for Large & Medium Tax Payers, Rispah Simiyu, on the state of tax collections. On the discussion:
  • H1 2024/25 tax revenue outturn & implications for  fiscal space constraints
  • The Tax Laws (Amendment) Act '24, Tax Procedures (Amendment) Act '24, Business Laws (Amendment) Act '24 & the downward revision of the targeted yield
  • Migration of ledger balances from the Legacy System to iTax & the sticky issues around it
  • eTIMS, Reverse Invoicing & the elusive hard to tax sectors
  • Rental Income Tax collection & what eRITS seeks to accomplish
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