VATupdate
VAT

Share this post on

Traders to Fully Switch to Electronic Invoices Starting June 1

All VAT-registered businesses will be required to only accept electronic invoices from registered taxpayers starting June 1 2023.

According to a statement from the KRA Commissioner General, the move is in compliance with the VAT (Electronic Tax Invoice) Regulations 2020 for purposes of claiming input tax and processing of refunds.

Source: allafrica.com

Sponsors:

VAT news
VAT news

Advertisements: