- The Kenya Revenue Authority (KRA) has introduced mandatory e-invoicing to enhance transparency and tax compliance.
- Starting from September 1, 2023, businesses in Kenya must adopt electronic invoicing through the eTIMS platform.
- Effective January 1, 2024, only expenses supported by valid electronic tax invoices will be considered for income tax deductions.
- Non-VAT registered taxpayers have a grace period until March 31, 2024, to transition to e-invoicing without penalties.
- The KRA is committed to supporting taxpayers through stakeholder engagements, awareness campaigns, and education to facilitate a smooth transition and promote compliance.
Source RTCsuite
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