KRA issues notice to all people selling goods and services online

You're hereby notified

A person shopping online

The Kenya Revenue Authority (KRA) on Wednesday published a notice to all those engaged in trading online.

The notice notifies all online businesses that they are required to file returns on all their transactions.

"Taxpayers whose annual taxable turnover is Sh5 million and above should register for VAT obligation and charge tax, while those whose turnover is below Sh5 million should pay presumptive tax," the notice read in part.

Tax exemptions for e-commerce

The notice explained that no business operating under in e-commerce is exempted from paying taxes adding that the authority would be available for clarifications on May 17.

"KRA would like to advise that unless income or supply is expressly exempt in the law, appropriate taxes should be paid.

"KRA would therefore like to remind the taxpayers that the self-assessment regime requires them to file and pay taxes which may include; VAT, excise duty, withholding tax, PAYE, corporate taxes and any other tax obligation required under the business.

"To this end, all taxpayers engaged in online trading in goods and services are invited for a sensitization forum on 17th May, 2019 from 8:30 a. m. to 11:00 a. m. at Hilton Hotel," the notice clarified.

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