62,727 Kenyans risk losing their KRA PINS

The Kenya Revenue Authority has asked a total of 62,727 Kenyans who are registered under the Value-Added Act 2013 and the Income Tax Act CAP 470 Laws of Kenya to file their returns.

KRA said that those who will not heed the notice issued on Monday shall have their Personal Identification Numbers (PINS) deregistered and canceled from the KRA system at the expiration of thirty days.

The commission said that the step is pursuant to the provisions of Section 10 and 14 of Tax Procedures Act 2015, and Section 36 of the Value Added Tax Act 2013.

The taxpayers have also been asked to take the advantage of the Voluntary Tax Disclosure Program and apply, disclose and pay their outstanding liability with relief on interest and penalties.

This comes as the commission surpassed its monthly collection target, for the fifth time in a row.

The taxman has continued recording outstanding revenue performance collecting Sh176,656 billion in April against a target of Sh170,191billion recording a performance rate of 103.8 per cent.

“The Authority has registered 23.9 per cent revenue growth compared to Sh144.06 billion collected in April 2020,” KRA said in a statement.

KRA exceeded the target despite the slow economic progression brought about by the Covid-19 pandemic.

The good revenue performance has been enhanced by the sustained implementation of compliance efforts, revenue enhancement initiatives, and improved service delivery to taxpayers, which has led to improved voluntary compliance.