Kenya Revenue Authority (KRA) has indicated that they collected Kshs. 43.9 Billion from the tax amnesty programme that ended on 30th June 2024 from 1,064,667 taxpayers.
As part of the tax amnesty programme, KRA waived penalties and interest amounting to Kshs. 507.7 Billion benefiting 3,115,393 taxpayers between 1st September 2023 and 30th June 2024. The waivers include those that were offered automatically after taxpayers filed their returns, declared and paid their principal taxes.
The amnesty programme has been successful especially in the month of June 2024 when KRA recorded the highest collection of Kshs. 15.1 Billion.
The Finance Act, 2023 introduced the tax amnesty programme which allowed taxpayers to apply for amnesty of penalties and interests on tax debt for periods up to 31st December 2022. This followed the repeal of the provisions on abandonment and waivers of penalties and interest.
Under the amnesty programme, taxpayers were only required to pay the principal tax amount of their outstanding tax debts. The tax amnesty programme provided a much-needed relief to taxpayers with outstanding tax obligations.