Relief for farmers, small businesses after exemption from eTims invoices

Hakamba Wangwe, KRA chief manager for eTims

Hakamba Wangwe, KRA chief manager for eTims. 

Photo credit: File Photo | Nation Media Group

The Kenya Revenue Authority (KRA) has excluded farmers and small businesses from the requirement to produce electronic invoices for their sales, offering them relief.

The new regulations for the rollout of electronic tax invoice management (eTims) have capped the threshold of producing an electronic invoice at Sh5 million, which means most of the micro, small and medium enterprises (MSMEs) businesses will be spared.

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