KRA waives Sh140bn under tax amnesty programme

Kenya Revenue Authority's (KRA) Large and Medium Taxpayers department acting Commissioner General Rispah Simiyu.

Photo credit: File | Nation Media Group

The Kenya Revenue Authority (KRA) has written off debts of about Sh140 billion in accumulated interest and penalties for companies and individuals under the second phase of the partial tax pardon, the agency announced on Monday.

The waiver has been extended to more than 1.9 million taxpayers who have cleared principal taxes for the period up to December 2023, the KRA says. The beneficiaries have been roped into the tax net.

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