KRA: VAT returns to be pre-filled with tax information effective February

The Kenya Revenue Authority has announced that the VAT returns will now be pre-filled with tax information available to KRA from the February 2024 tax period and not the January 2024 tax period as earlier communicated.

In a statement on X, KRA said the adjustment is intended to ensure that all VAT claims are supported by valid TIMS/eTIMS-generated invoices.

"This adjustment is intended to ensure that ALL VAT claims are supported by valid TIMS/eTIMS generated tax invoices since any input VAT claim that is not validated through TIMS/eTIMS or against existing customs import declarations for import VAT claims will not be allowed," KRA said.  

KRA reminded taxpayers of their obligation to issue electronic invoices and transmit the details to KRA.

"We also advise all VAT registered Taxpayers to proceed and file their January 2024 VAT self-assessment returns by February 20," the authority said.

The authority further reminded the Taxpayers that upon rollout of the simplified VAT  return, they will be required to confirm the accuracy of the declaration before submission of the return.

KRA also said that it will continue to sensitize taxpayers on the return filing process to allow Taxpayers to comply with their requirements.

"We will continue to sensitize taxpayers on the simplified VAT return filing process and to support and facilitate all taxpayers to comply with the electronic tax invoicing requirements," KRA said.

📢𝐔𝐩𝐝𝐚𝐭𝐞 𝐨𝐧 𝐒𝐢𝐦𝐩𝐥𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐭𝐡𝐞 𝐕𝐀𝐓 𝐑𝐞𝐭𝐮𝐫𝐧 𝐅𝐢𝐥𝐢𝐧𝐠 𝐏𝐫𝐨𝐜𝐞𝐬𝐬.

Kindly note that the VAT return will now be pre-filled with tax information available to KRA with effect from the February 2024 tax period and not the January 2024 tax… pic.twitter.com/0bcDdVFWsp

— Kenya Revenue Authority (@KRACorporate) February 12, 2024