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Voluntary Tax Disclosure Programme with Doris Ingahizu

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Manage episode 344524063 series 3254509
Content provided by Kenya Revenue Authority and Tubonge Tax. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kenya Revenue Authority and Tubonge Tax or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Voluntary Disclosure Programme is a programme where a taxpayer confidentially discloses tax liabilities that were previously undisclosed to the Commissioner for the purpose of being granted relief of penalties and interest of the tax disclosed.

Where the Commissioner is satisfied with the facts disclosed in the application, the taxpayer shall be granted a relief of the interest and penalty due on the tax disclosed and paid as follows-

  • 100% remission where the disclosure is made and tax liability paid in the first year of the programme
  • 50% remission where the disclosure is made and tax liability paid in the second year of the programme
  • 25% remission where the disclosure is made and tax liability paid in the final year of the programme

To learn more https://kra.go.ke/en/helping-tax-payers/faqs/voluntary-tax-disclosure-programme

Twitter: https://twitter.com/KRACare

Facebook: https://www.facebook.com/KRACare/?ref=page_internal

Instagram: https://www.instagram.com/kra_care/

Youtube: https://www.youtube.com/channel/UCbNSvsHFoQ4QnRj4K60eBhQ

Email: callcentre@kra.go.ke

--- Send in a voice message: https://anchor.fm/storizaushuru/message
  continue reading

36 episodes

Artwork
iconShare
 
Manage episode 344524063 series 3254509
Content provided by Kenya Revenue Authority and Tubonge Tax. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kenya Revenue Authority and Tubonge Tax or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Voluntary Disclosure Programme is a programme where a taxpayer confidentially discloses tax liabilities that were previously undisclosed to the Commissioner for the purpose of being granted relief of penalties and interest of the tax disclosed.

Where the Commissioner is satisfied with the facts disclosed in the application, the taxpayer shall be granted a relief of the interest and penalty due on the tax disclosed and paid as follows-

  • 100% remission where the disclosure is made and tax liability paid in the first year of the programme
  • 50% remission where the disclosure is made and tax liability paid in the second year of the programme
  • 25% remission where the disclosure is made and tax liability paid in the final year of the programme

To learn more https://kra.go.ke/en/helping-tax-payers/faqs/voluntary-tax-disclosure-programme

Twitter: https://twitter.com/KRACare

Facebook: https://www.facebook.com/KRACare/?ref=page_internal

Instagram: https://www.instagram.com/kra_care/

Youtube: https://www.youtube.com/channel/UCbNSvsHFoQ4QnRj4K60eBhQ

Email: callcentre@kra.go.ke

--- Send in a voice message: https://anchor.fm/storizaushuru/message
  continue reading

36 episodes

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