- Starting January 2024, VAT return in Kenya will be prefilled with taxpayers’ information
- The aim is to simplify the filing process and improve user experience
- The objective is to enhance VAT compliance and transparency in return declarations
- Taxpayers should validate VAT claims through TIMS/eTIMS or customs declarations
- Electronic tax invoices must be issued and their validity can be checked via QR code or control unit number on iTax Portal
- Accuracy of the declaration should be confirmed before submission as it is a self-assessment return
- There are 17 steps to follow in the process of filing VAT Return as stipulated by KRA
- Steps include logging into the iTax Portal, selecting the tax obligation, downloading the pre-filled form, and importing CSV files
- The pre-filled form includes prefilled details for basic information, payment details, and relevant tax due details
- Sales amount can be edited upwards to capture additional sales for the tax period
- CSV files for Section B and Section D1 should be imported, while others should not be imported.
Source: kenyans.co.ke
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
