The Kenya Revenue Authority (KRA) has asked taxpayers to countercheck all VAT returns filed in the year 2018.
KRA asks taxpayers to countercheck returns filed last year
Public notice to taxpayers in Kenya
A public notice published in the local dailies explained that the taxman had initiated an automated verification process following complaints raised by taxpayers.
"After taking into consideration issues raised by taxpayers, KRA wishes to inform the public of its plan to continue with verification of VAT returns using its automated returns verification module in the iTax system.
"Taxpayers are therefore reminded to ensure that entries in VAT returns reflect a true and correct position of a taxpayer's business transactions for the tax period," the notice read in part.
30 days to Rectify
The Commissioner for Domestic Taxes Department further cautioned taxpayers that any discrepancies would be addressed within 30 days.
"The commissioner will issue notices of inconsistencies to the affected taxpayers who shall be given a total of 30 days to rectify the inconsistencies after which assessments will be issued for any unresolved inconsistencies," the notice elaborated.
Some of the inconsistencies reported may have been in connection with the 8% fuel levy imposed by President Uhuru Kenyatta in September 2018.
Initially the president had stated that the fuel tax would be 16% but after public outcry reduced it by half on September 14, 2018.
During the period, KRA insisted that the taxpayers adhere to the 16% figure.
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