• Latest
  • All
  • How To
online auction after pilot

KRA Launches Online Auction After Successful Pilot

October 3, 2023
Infinix Note 50 Pro x Java House Collab

Infinix Teams Up with Java House to Launch Note 50 Pro Series

July 4, 2025
Instagram threads

Instagram Threads Rolls Out Direct Messaging in Major Feature Update

July 4, 2025
Infinix Hot 60i Pre-order

Infinix Hot 60i Now Available for Pre-Order in Kenya

July 4, 2025
Windows

Microsoft’s Windows Usage Slumps as Macs, Linux, and Mobile Take Over

July 4, 2025
DHgate Tablet Cases deals
Microsoft

Microsoft Slashes 9,100 Jobs in Biggest Layoffs Since 2023

July 4, 2025
NASA

NASA Brings Space Missions to Netflix at No Extra Cost

July 3, 2025
ios 26-facetime

iOS 26 May Pause Video if You Start Undressing on FaceTime

July 3, 2025
apple iphone foldable

Apple Begins Testing Its First Foldable iPhone

July 3, 2025
Mobile Data

Kenya Draws More Tourists as Mobile Data Roaming Soars

July 3, 2025
Axian Telecom Considers Full Acquisition of Jumia

Axian Telecom Is Plotting a Full Buyout of Jumia

July 3, 2025
Cable TV

Kenya’s Cable TV Market Rebounds with 31.5% Growth

July 3, 2025
Premier League and Microsoft Announce Strategic AI Partnership for Enhanced Fan Engagement

Football Meets AI as Microsoft Joins Forces with the EPL

July 3, 2025
Techweez | Tech News, Reviews, Deals, Tips and How To
  • News
  • Entertainment
  • Reviews
  • Features
  • Editorial
No Result
View All Result
Techweez | Tech News, Reviews, Deals, Tips and How To
  • News
  • Entertainment
  • Reviews
  • Features
  • Editorial
No Result
View All Result
Techweez | Tech News, Reviews, Deals, Tips and How To
No Result
View All Result

KRA Launches Online Auction After Successful Pilot

Sakwa Kombo by Sakwa Kombo
October 3, 2023
in News
Reading Time: 2 mins read
248
0
online auction after pilot

Kenya Revenue Authority (KRA) has introduced an online auction system, marking a significant shift from the previous physical auction process. This technological advancement is part of KRA’s efforts to streamline tax administration and improve revenue collection while enhancing service delivery.

Following a successful pilot phase that saw KRA collect Kshs 37.5 million. An online auction allows taxpayers to appreciate the transparency of the bidding process. Also, the move aligns with the government’s commitment to efficient trade facilitation.

Speaking at the Taxpayers’ Month Launch in Mombasa, KRA Commissioner General Mr. Humphrey Wattanga emphasized the online auction’s transparency and efficiency. He highlighted its accessibility to registered taxpayers both locally and globally, noting that negotiations would be faster and more transparent.

Different Items available for Auction

Tax Amnesty Program

In the spirit of giving back to compliant taxpayers, KRA is urging those with accrued interests up to December 2022 to take advantage of the Tax Amnesty program. They can have penalties and interest waived by paying the principal taxes owed. The program is open for application, and KRA anticipates collecting approximately Kshs. 50 billion through this initiative before its closure on June 30, 2024.

Cabinet Secretary for National Treasury And Economic Planning, Prof Njuguna Ndung’u, CBS, emphasized the importance of the Tax Amnesty program in supporting Kenyans. Further, the program bolsters economic resilience amid global economic challenges. He also highlighted the government’s commitment to facilitating private businesses’ adaptation through reforms to stimulate economic growth.

“Tax amnesties are projected to bring in additional revenue as taxpayers voluntarily report and pay taxes that may never be collected by the Government. The amnesty programme is expected to improve tax compliance as tax administrations learn from taxpayers’ previous behaviours, thereby allowing them to plan better.” Said the CS.

KRA continues to embrace technology to enhance tax compliance. The Electronic Tax Invoice Management System (eTIMS), launched in February 2023, has already been adopted by 95,732 VAT-registered taxpayers. eTIMS has proven effective in reducing VAT fraud and increasing tax revenue.

Additionally, KRA has integrated its systems with betting and gaming companies to streamline tax remittances from this sector. This has further contributed to revenue growth. These collaborative efforts incorporate taxpayers’ feedback and enhance tax administrative processes.

The annual Taxpayers’ Month celebration aims to recognize and appreciate compliant taxpayers. This is because taxpayer play a vital role in ensuring the country’s economic stability. This year’s theme, “Tunawiri,” calls on all Kenyans to contribute to Kenya’s prosperity through tax payments.

Tags: eTIMSKRA
SendShare147Tweet92
Sakwa Kombo

Sakwa Kombo

My Bio is in my written articles.

Related Posts

Cars in port awaiting clearing

Relief for Kenyans as Court Blocks KRA Tax Increase for Imported Cars

June 30, 2025
kenya nil returns process

KRA Extends Tax Return Deadline After iTax System Crashes

July 1, 2025
KRA's eTIMS System Targets Fuel Tax Cheats

Fuel Stations Must Now Link to KRA’s eTIMS or Risk Penalties

June 30, 2025
eTIMS Regulations removes under KES 5 million exemption

KRA Wants End to KES 5M eTIMS Exemption to Boost Tax Collection

April 24, 2025
eTims API Integration

How to Integrate KRA eTIMS API with Inhouse ERPs and Third-Party Softwares

April 14, 2025
kra erits launch

KRA Launches eRITS to Improve Rental Income Tax Compliance

April 10, 2025

Latest

Infinix Note 50 Pro x Java House Collab

Infinix Teams Up with Java House to Launch Note 50 Pro Series

July 4, 2025
Instagram threads

Instagram Threads Rolls Out Direct Messaging in Major Feature Update

July 4, 2025
Infinix Hot 60i Pre-order

Infinix Hot 60i Now Available for Pre-Order in Kenya

July 4, 2025
Windows

Microsoft’s Windows Usage Slumps as Macs, Linux, and Mobile Take Over

July 4, 2025
Microsoft

Microsoft Slashes 9,100 Jobs in Biggest Layoffs Since 2023

July 4, 2025
NASA

NASA Brings Space Missions to Netflix at No Extra Cost

July 3, 2025

Best devices

budget smartwatches 2025

Best Budget Smartwatches To Buy in Kenya 2025

February 13, 2025

Best Infinix Smartphones To Buy in Kenya 2024

February 13, 2025

Best Laptops for Battery Life in 2024

August 21, 2024

Best “Battery Warrior” Smartphones To Buy in 2024

August 22, 2024

Infinix Teams Up with Java House to Launch Note 50 Pro Series

July 4, 2025

Instagram Threads Rolls Out Direct Messaging in Major Feature Update

July 4, 2025

Techweez is a fast growing influential source of technology news, reviews and analysis by leading tech geeks in the industry.

Follow Us

Editorials

Abductions and Arrests! Kenyan Government’s Fear and Hate of X Users Makes No Sense

Actors and Film Crews Are Worried About Veo 3 Taking Their Jobs

Samsung QLED TVs Now Officially Certified for Real Quantum Dot Technology

Trump’s Tariffs Will Be the End of Affordable Tech

5 Ways to Prep Your Tech for Resale

The Weaponization of PDFs: How Cybercriminals Are Exploiting a Trusted Format

More News

iOS 26 May Pause Video if You Start Undressing on FaceTime

Apple Begins Testing Its First Foldable iPhone

Kenya Draws More Tourists as Mobile Data Roaming Soars

Axian Telecom Is Plotting a Full Buyout of Jumia

Kenya’s Cable TV Market Rebounds with 31.5% Growth

Football Meets AI as Microsoft Joins Forces with the EPL

  • Terms Of Use
  • Techweez Brand
  • Privacy & Policy
  • Contact Us

© 2024 Techweez - Palahala Media Group may earn a commission when you buy through links on our sites.
A Palahala Media Group Brand. All rights reserved.
.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Techweez | Tech News, Reviews, Deals, Tips and How To
Crunchy Cookies 🍪 Ahead!

Hey there! Just a heads-up: we're big fans of cookies - both the digital and edible kind! 🍪 We use our cookies and some from third parties to ensure your browsing experience on our site is smooth sailing and secure.

 

But wait, there's more! We also use cookies to gather stats and insights on how you navigate our site. It's like getting a behind-the-scenes peek at your digital adventures!

 

Don't worry, you're in control. You can adjust your cookie settings anytime to suit your preferences. Feeling curious? Dive into our Privacy Policy for all the juicy details. Happy browsing! 🚀

Functional Always active
Listen, this legal stuff is about as exciting as watching paint dry. But it basically says we only use your stuff for what you asked us to do, and nobody else gets to peek!
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
It's those sneaky cookie crumbs websites leave behind to count visitors, like counting ants at a picnic! Totally harmless, just for fun facts. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
Hey there! Just letting you know we use some fancy gizmos to remember your preferences. This way, we can show you ads that are, well, not completely bananas.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Make cookies
{title} {title} {title}
Techweez | Tech News, Reviews, Deals, Tips and How To
Crunchy Cookies 🍪 Ahead!
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
Listen, this legal stuff is about as exciting as watching paint dry. But it basically says we only use your stuff for what you asked us to do, and nobody else gets to peek!
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
It's those sneaky cookie crumbs websites leave behind to count visitors, like counting ants at a picnic! Totally harmless, just for fun facts. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
Hey there! Just letting you know we use some fancy gizmos to remember your preferences. This way, we can show you ads that are, well, not completely bananas.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Make cookies
{title} {title} {title}
No Result
View All Result
  • News
  • Reviews
  • Features
  • Editorial
  • Automotive
  • Entertainment

© 2024 Techweez - Palahala Media Group may earn a commission when you buy through links on our sites.
A Palahala Media Group Brand. All rights reserved.
.