E-TIMS & Emerging Tax Compliance Workshop
In line with the provisions of the Tax Procedures Act on the use of information technology in tax administration and in a bid to ease tax compliance conveniently, KRA introduced eTIMS. This software solution provides technological convenience that meets taxpayers’ compliance needs and is accessed through various electronic devices including computers and mobile phone Apps.
Effective January 2024, all taxpayers doing business are required to onboard on eTIMS. This includes taxpayers not registered for VAT but are registered for turnover tax, monthly rental income, partnerships, corporation tax, and individual income tax (including non-residents with a permanent establishment in Kenya.
The objective of eTIMS is to reduce the cost of tax compliance for businesses and individuals. Through integration with eTIMS, taxpayers are likely to benefit from real-time invoice transmission providing accuracy in tax invoice declarations and reconciliation between filed returns and payments.
On the back of this, we have organised practical tax training to equip taxpayers with relevant information on the application, compliance and navigation of eTIMS. We will also address the various challenges taxpayers are experiencing and the way around those challenges. The training will also cover tax laws changes that have taken effect from January 2024