KRA readies system to collect housing tax billions starting July

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Times Tower in Nairobi, the headquarters of Kenya Revenue Authority (KRA). FILE PHOTO | NMG

The Kenya Revenue Authority (KRA) has modified its automated tax payment system, iTax to allow it to collect the controversial housing tax weeks before Parliament passes the Finance Bill.

The taxman has modified the P10 Form that is normally used to file PAYE [Pay-as-You-Earn] on a monthly basis to enable it to receive the tax.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.