[vc_row][vc_column][vc_column_text]You have a maximum of 30 days to secure you Kenya Revenue Authority Personal Identification Number (KRA PIN) or lose it, and lose it for good.
This is follows a call by the Kenyan tax man KRA to individuals to submit their tax returns, failure to which the authority will begin the process of wiping out PINs belonging to the non-complaint.
“Kenya Revenue Authority (KRA) would like to notify the public that taxpayers who are registered under the Value Added Tax (VAT) Act, 2013, and the Income Tax Act, CAP 470 Laws of Kenya are required to file their returns under the respective laws,” reads a statement from the taxman dated May 3, 2021 and published in a local daily.
Upon cancellation of the PINs, the affected individuals might not be able to register, transfer or license motor vehicles and the registration of businesses in their names will be impossible and such will be the case in securing jobs that require a KRA PIN.
KRA also advised taxpayers to take advantage of the on going Voluntary Tax Disclosure Program and apply, disclose as well pay their outstanding liability with a relief on interest and penalties.
The taxman will be undertaking the exercise in an effort to bring to book tax cheats as evaders as it moves to raise enough capital to finance those years financial year budget.[/vc_column_text][/vc_column][/vc_row]