![KRA announces new revenue collection system for Nairobi](https://metropoltv.co.ke/wp-content/uploads/2021/06/KRA-.jpg)
Kenya Revenue Authority (KRA) has so far collected Ksh.3.4 Billion from the ongoing tax amnesty programme.
Caroline Rotich, Chief Manager of the Domestic Taxes Department said more than 17,000 taxpayers have applied for tax amnesty, with an expected total remittance of Ksh.10.5 billion.
“More than 17,000 taxpayers have applied for the tax amnesty which commenced on September 1, 2023, and we expect the number to immensely grow as we continue to create awareness amongst taxpayers,” said Rotich.
The tax amnesty program allows KRA to waive significant amounts from taxpayers’ outstanding dues.
KRA identified 2.8 Million taxpayers who have penalties and interest and qualify for the tax amnesty programme.
Qualified taxpayers are automatically eligible for a waiver of penalties and interest related to the outstanding tax amounts, eliminating the need for a formal amnesty application.
KRA is encouraging taxpayers with pending objections and court cases to explore out-of-court settlements to take advantage of the tax amnesty.
The Authority established an Alternative Dispute Resolution (ADR) framework to facilitate more efficient resolutions of tax disputes outside the judicial process.
With the introduction of the tax amnesty program under the Finance Act of 2023, taxpayers can apply for the waiver of penalties and interest accrued until December 31, 2022.
This initiative is expected to result in the collection of over Ksh.51 billion from outstanding tax debts accumulated during that period.