KRA stops tax refunds from January 1 under new law

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

The Kenya Revenue Authority (KRA) will from Friday stop paying tax refunds and instead offset the overpaid duties against future tax obligations.

The changes that come into effect from January 1 are contained in the Finance Act 2021 and come amid persistent delays by the taxman to make the refunds.

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