Kenya Revenue Authority (KRA) has recently announced a significant extension for businesses to board onto the electronic Tax Invoice Management System (eTIMS) platform. In an official statement, KRA communicated that non-VAT registered businesses have until March 31, 2024, to transition without incurring penalties.
This move aims to support business continuity and provides ample time for taxpayers to adjust their systems and operations. During this onboarding period, non-VAT registered taxpayers won’t face penalties for not issuing electronic tax invoices, as specified by law.
Starting from September 1, 2023, all businesses, including those not registered for VAT, are mandated to generate and transmit their invoices through the eTIMS platform electronically. KRA has emphasized its commitment to ensuring that businesses in this category begin transmitting invoices through eTIMS from January 1, 2024.
The eTIMS platform, introduced in February 2023, facilitates businesses in providing electronic invoices through various channels in real-time.
Notably, the platform offers efficiency and cost-effectiveness, enabling businesses to use mobile applications and an online portal without additional charges.
Businesses undergoing the onboarding process can progressively input manually generated invoices and receipts onto the eTIMS system, aligning with an earlier directive from KRA.
In addition to the online portal, KRA’s mobile application serves as an alternative avenue for issuing tax invoices. This innovation aligns with the authority’s goal to enhance accessibility and convenience for businesses in fulfilling their tax obligations.
KRA has taken proactive measures to ensure a smooth transition by organizing webinars to educate the public on the onboarding process. This initiative reflects the authority’s commitment to fostering understanding and compliance among Kenyan businesses.
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