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Lessons from KRA tax amnesty
The design of the amnesty was such that it was automatic for any taxpayer with penalties and interest but no principal taxes due for periods up to December 31, 2022.
According to the financial year’s revenue outturn the Kenya Revenue Authority (KRA) has released, the tax amnesty programme netted Sh43.9 billion against the targeted Sh51.0 billion, translating to an 86.08 percent performance rate.
The programme, which lasted nine months between September 1, 2023 and June 30, 2024, was brought to life via Finance Act 2023’s amendment to the Tax Procedures Act introducing Section 37E, which barred the KRA from recovering any penalties or interest from tax debt where the taxpayer had paid all principal tax due before December 31, 2022.
