KENYA REVENUE AUTHORITY PAYS 10B REFUNDS TO BUSINESSES

Kenya Revenue Authority pays back a refund of ten billion Kenya shillings to businesses. PHOTO /CORRESPONDENT

KENYA REVENUE AUTHORITY PAYS 10B REFUNDS TO BUSINESSES

By Donald Kogai

Kenya Revenue Authority (KRA) has begun

paying out Ksh.10 billion in VAT refunds

following a presidential directive and release of

funds by National Treasury.

“We have begun paying various businesses

entities VAT refunds from special funds

allocated by the government and released to

KRA and expect to finalise the payments

process in one Week”, said the Commissioner

for Domestic Taxes Ms. Elizabeth Meyo.

The refunds are expected offer financial relief to

businesses worst hit by the Covid-19 pandemic

especially the horticulture, transport and

hospitality sectors of the economy.

“Only those businesses entities that have had

their refunds claims verified in line with

procedures will receive payments,” said Ms.

Meyo.

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2 Comment

  1. grandpashabet
    March 18, 2024 at23:06 pm

    KENYA REVENUE AUTHORITY PAYS 10B REFUNDS TO BUSINESSES

    https://saifadokoktoru.com/tag/karavadenin

  2. grandpashabet
    March 10, 2024 at00:45 am