What new tax refund regime means

Times Tower in Nairobi, the headquarters of Kenya Revenue Authority (KRA). Picture taken on Thursday, October 15, 2020. PHOTO | DENNIS ONSONGO | NMG

For years, the Kenya Revenue Authority (KRA) has been delaying making tax refunds to business and individuals, citing audit delays of the claims and also inadequate cash.

A tax refunds claim happens because taxpayers have either over-withheld or made prepayments relatively above the level of their tax liability, leading to the taxman owing them.

PAYE Tax Calculator

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