- The Kenya Revenue Authority (KRA) has issued guidance on VAT Prepopulated Return and provided clarifications on the implementation.
- They have also issued guidelines for taxpayers on eTIMS Onboarding, the electronic invoicing system used for prepopulated VAT returns.
- The guidelines cover different eTIMS software and eligibility criteria.
- The VAT Prepopulated return aims to improve tax compliance and enhance customer experience by simplifying return filing and speeding up refund processing.
- Important enhancements and clarifications have been made, including resolving issues with exempt sales appearing as zero rated supplies, implementing an incremental batch process to update late-transmitted invoices, and providing clarification on claiming import entries.
Source Orbitax