NIL RETURNS – Elimu Pedia https://elimupedia.com Number One portal for matters education, How to, TSC,KUCCPS, HELB,KRA , Top 10 bests,and Parenting. Mon, 03 May 2021 17:15:43 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.9 Kenyans who fail to file their tax returns By June 30  To Lose their KRA pins. https://elimupedia.com/kenyans-who-fail-to-file-their-tax-returns-before-the-june-30-deadline-to-lose-their-kra-pins.html https://elimupedia.com/kenyans-who-fail-to-file-their-tax-returns-before-the-june-30-deadline-to-lose-their-kra-pins.html#comments Mon, 03 May 2021 14:09:59 +0000 https://elimupedia.com/?p=3030 Kenyans who fail to file their tax returns By June 30  To Lose their KRA pins.

In a new notice published on Monday, the taxman said persons who have already failed to file their respective tax returns without showing cause will lose their pins after the lapse of a 30 day window.

“Failure to file returns, unless cause is shown to the contrary, the Commissioner of Domestic Taxes shall have their personal identification numbers (PINs) de-registered and cancelled from the KRA system,” read part the notice.

Read also:

How To File Your KRA Nil Returns This Year

5 Easiest Steps to File KRA Returns Using A Mobile Phone

Easier Ways To File your KRA Returns If You Are a KNEC Contracted Professional-Trouble With Withholding Tax?

On its website, the tax collection agency has listed 62,727 pins intended for de-registration in the next one month.

The list of pins set for cancellation are linked to an estimated 7,107 individual accounts with the balance, a majority, comprising of companies, schools and self-help-groups.

The intended de-registration and cancellation of the pins is part of KRA’s move to enforce tax returns compliance as provided for by the 2015, Tax Procedures Act.

KRA has asked tax payers to take advantage of its ongoing voluntary tax disclosure program (VTDP) to rationalize outstanding tax payments and meet the filing requirement.

“Taxpayers are also encouraged to take advantage of the Voluntary Tax Disclosure Program and apply, disclose and pay their outstanding liability with a relief on interest and penalties,” added KRA.

The loss of KRA pins is expected to have detrimental effects as the identification number being a prerequisite to processes such as the opening of bank accounts, jobs applications and even land registration.

Don’t lose your KRA pin:

Click here to file your returns if you are salaried or in a registered business

Click here to file your nil returns if you are a student, or unemployed but have KRA pin.

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How To File Your KRA Nil Returns This Year https://elimupedia.com/how-to-file-your-kra-nil-returns-this-year.html Sat, 24 Apr 2021 19:45:50 +0000 https://elimupedia.com/?p=2903 How To File Your KRA Nil Returns This Year

All Kenyans with an active KRA PIN on iTax must ensure that they file their KRA Returns by 30th June of each year.

The Tax Procedures Act states that if a return is not submitted by the respective due date a penalty of ksh. 2000 will be imposed.

Read also:

5 Easiest Steps to File KRA Returns Using A Mobile Phone

Easier Ways To File your KRA Returns If You Are a KNEC Contracted Professional-Trouble With Withholding Tax?

Those with KRA pin but not yet employed are expected to file nil returns. This group includes university/ college students and unemployed graduates. Those who are employed should click here to apply. KNEC examiners/ supervisors/ invigilators/ centre managers who took part in last years exams should click here to file their returns.

Requirements For Filing KRA Nil Returns

To be able to file your KRA Nil Returns on iTax, you need to ensure that you have with you KRA PIN Number and KRA iTax Password.

Step by Step Guide on How to File KRA Nil Returns

Step 1: Visit KRA iTax Portal Using https://itax.kra.go.ke/KRA-Portal/

Using your KRA PIN number and iTax Password, Log into your iTax account at https://itax.kra.go.ke/KRA-Portal

Step 2: Log Into KRA iTax iPage Dashboard

Once you have successfully logged into your iTax account (iPage) you should see the following as shown above.

Step 3: Click On Returns Tab on top of your browser 

On your iTax account top panel menu, Click on Returns and then File Nil Return.

Step 4: Select The Nil e-Return 

In the type  section, select Self. It will populate your KRA PIN Number and in the Tax Obligation – Income Tax Resident. Click Next to proceed.

Step 5: Fill The Income Tax – Resident Individual Nil e-Return Form

In this part, you select the return period. Period begins on 1st January of the prervious year and ends on 31st December of the same year E.g when filling 2020 returns in 2021, the dates used are 01/01/2020 to 31/12/2020. Click on the submit button to proceed.

Step 6: Download KRA Nil Returns Receipt

Upon successful submission of your KRA Nil Returns, a return receipt will be generated with an acknowledgement number. Download the returns receipt and print a copy of it.

Step 7: Print e-Return Acknowledgement Receipt

The last and final step will involve printing the KRA e-Return Acknowledgement Receipt that you downloaded. This is a final indication that you have successfully filed the KRA Nil Returns.

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