Close Menu
  • Home
  • Kenya News
  • World News
  • Politics
  • Business
  • Opinion
  • Columnists
  • Entertainment
  • Sports
    • Football
    • Athletics
    • Rugby
    • Golf
  • Lifestyle & Travel
    • Travel
  • Gossip
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
News CentralNews Central
Subscribe
  • Home
  • Kenya News
  • World News
  • Politics
  • Business
  • Opinion
  • Columnists
  • Entertainment
  • Sports
    1. Football
    2. Athletics
    3. Rugby
    4. Golf
    5. View All

    Kifo Kisimani returns to stage in timeless Kiswahili drama

    August 11, 2025

    OpenAI launches GPT-5, its most advanced AI model yet

    August 11, 2025

    Maluma stops show to scold mother who brought young baby to concert

    August 11, 2025

    How Kenya's bad loan crisis is forcing families to give up homes, land

    August 11, 2025

    Kifo Kisimani returns to stage in timeless Kiswahili drama

    August 11, 2025

    OpenAI launches GPT-5, its most advanced AI model yet

    August 11, 2025

    Maluma stops show to scold mother who brought young baby to concert

    August 11, 2025

    How Kenya's bad loan crisis is forcing families to give up homes, land

    August 11, 2025

    Kifo Kisimani returns to stage in timeless Kiswahili drama

    August 11, 2025

    OpenAI launches GPT-5, its most advanced AI model yet

    August 11, 2025

    Maluma stops show to scold mother who brought young baby to concert

    August 11, 2025

    How Kenya's bad loan crisis is forcing families to give up homes, land

    August 11, 2025

    Kifo Kisimani returns to stage in timeless Kiswahili drama

    August 11, 2025

    OpenAI launches GPT-5, its most advanced AI model yet

    August 11, 2025

    Maluma stops show to scold mother who brought young baby to concert

    August 11, 2025

    How Kenya's bad loan crisis is forcing families to give up homes, land

    August 11, 2025

    Kifo Kisimani returns to stage in timeless Kiswahili drama

    August 11, 2025

    OpenAI launches GPT-5, its most advanced AI model yet

    August 11, 2025

    Maluma stops show to scold mother who brought young baby to concert

    August 11, 2025

    How Kenya's bad loan crisis is forcing families to give up homes, land

    August 11, 2025
  • Lifestyle & Travel
    1. Travel
    2. View All

    Kifo Kisimani returns to stage in timeless Kiswahili drama

    August 11, 2025

    OpenAI launches GPT-5, its most advanced AI model yet

    August 11, 2025

    Maluma stops show to scold mother who brought young baby to concert

    August 11, 2025

    How Kenya's bad loan crisis is forcing families to give up homes, land

    August 11, 2025

    Kifo Kisimani returns to stage in timeless Kiswahili drama

    August 11, 2025

    OpenAI launches GPT-5, its most advanced AI model yet

    August 11, 2025

    Maluma stops show to scold mother who brought young baby to concert

    August 11, 2025

    How Kenya's bad loan crisis is forcing families to give up homes, land

    August 11, 2025
  • Gossip
News CentralNews Central
Home»Business»KRA to Deactivate Accounts as VAT Collection Hits KSh 32Bn in May
Business

KRA to Deactivate Accounts as VAT Collection Hits KSh 32Bn in May

By Fred OburaJune 11, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram Reddit WhatsApp
The Kenyan Wall Street - Business, Markets News, Investing Data & AI Tools
Share
Facebook Twitter Pinterest Email Copy Link LinkedIn Tumblr Reddit VKontakte Telegram WhatsApp

The Kenya Revenue Authority (KRA) recorded a 16% increase in VAT collections, topping KSh 32.141 billion as at the close of May 2025.

The Large and Medium Taxpayers (LMT) Department, where majority of the beneficiaries are domiciled, recorded a 13% growth in VAT, surpassing the target by over Kshs. 1 billion.The Micro and Small Taxpayers (MST) Department registered a 24% growth, surpassing the VAT target by Kshs. 110 million. The taxman has also said that it is planning to deactivate more than 20, 000 inactive taxpayer accounts.

“It is noteworthy that the VAT burden is currently being shouldered by only 22% of the VAT registered taxpayers, with the rest either being credit filers (52%) or Nil/zero filers (26%),” KRA said.

The performance has been attributed to a wide raft of measures implemented during the month of April to enhance compliance and seal loopholes that have been exploited to perpetrate tax fraud.

Since August 2022, KRA says it has implemented the VAT Special Table within the iTax system as a compliance enforcement tool designed to address VAT compliance challenges. 

The Special Table restricts other taxpayers from claiming input tax credits from the taxpayers on special table, and from filing unless they are cleared. This helps in curbing frauds, reducing PIN abuse and protecting compliant taxpayers.

KRA says that as a result 20,981 inactive taxpayers have been identified for deregistration to clean the register and 7,719 suspected “Missing Trader’ scheme enablers have been placed on the Special Table, restricting input tax claims from these entities and disrupting fraudulent chains from May 2025 and beyond. 

Published Date: 2025-06-11 15:16:18
Author: Fred Obura
Source: News Central
Fred Obura

Add A Comment
Leave A Reply Cancel Reply

News Just In

Kifo Kisimani returns to stage in timeless Kiswahili drama

August 11, 2025

OpenAI launches GPT-5, its most advanced AI model yet

August 11, 2025

Maluma stops show to scold mother who brought young baby to concert

August 11, 2025

How Kenya's bad loan crisis is forcing families to give up homes, land

August 11, 2025
Crystalgate Group is digital transformation consultancy and software development company that provides cutting edge engineering solutions, helping companies and enterprise clients untangle complex issues that always emerge during their digital evolution journey. Contact us on https://crystalgate.co.ke/
News Central
News Central
Facebook X (Twitter) Instagram WhatsApp RSS
Quick Links
  • Kenya News
  • World News
  • Politics
  • Business
  • Opinion
  • Columnists
  • Entertainment
  • Gossip
  • Lifestyle & Travel
  • Sports
  • About News Central
  • Advertise with US
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
About Us
At NewsCentral, we are committed to delivering in-depth journalism, real-time updates, and thoughtful commentary on the issues that matter to our readers.
© 2025 News Central.
  • Advertise with US
  • Privacy Policy
  • Terms & Conditions
  • Contact Us

Type above and press Enter to search. Press Esc to cancel.