The Treasury has blocked the Kenya Revenue Authority (KRA) from implementing sections of the Finance Act 2025 that allowed businesses and individual taxpayers to offset their tax dues using refunds of excess cash paid to the taxman, dealing a blow to their cash flow plans.
The Business Daily has established that the Treasury has fallen out with the National Assembly about the impact the arrangement would have on revenue performance and has advised the KRA against modifications on its online portal, iTax, to allow users to use claims of excess tax payments to offset their dues.
