The Kenya Revenue Authority (KRA) has rolled out a simplified, four-step guide to help taxpayers clear their dues through the iTax system using M-PESA. According to instructions released by the tax authority on Tuesday, May 19, the process begins when a user logs into the official iTax portal using either their KRA PIN or National ID alongside their password. This move is expected to make it easier for taxpayers to pay their taxes, reducing the complexity and time spent on the process.
The KRA has been working to improve the tax payment process, making it more efficient and convenient for taxpayers. The introduction of the four-step guide is part of these efforts, aiming to reduce the number of steps and time required to complete the payment process. By using M-PESA, taxpayers can now easily pay their taxes from the comfort of their own homes or on-the-go, without having to physically visit a KRA office or bank.
The KRA has also been investing in technology to enhance the tax payment experience. The iTax system, which was introduced a few years ago, has been continuously improved to make it more user-friendly and efficient. The system allows taxpayers to register, file their tax returns, and pay their taxes online, reducing the need for physical paperwork and visits to KRA offices.
According to the KRA, the new four-step guide is designed to be easy to follow, even for those who are not tech-savvy. The guide takes taxpayers through the process of logging into the iTax portal, initiating a payment registration, and completing the payment using M-PESA. The KRA has also provided a detailed step-by-step guide on its website, which includes screenshots and instructions to help taxpayers navigate the process.
The introduction of the four-step guide is a significant improvement compared to the previous tax payment process. Previously, taxpayers had to physically visit a KRA office or bank to pay their taxes, which could be time-consuming and inconvenient. The new process is expected to reduce the time spent on paying taxes, making it more efficient and convenient for taxpayers.
The introduction of the four-step guide is significant for Kenyan taxpayers, as it makes it easier and more convenient for them to pay their taxes. This is expected to improve tax compliance, as taxpayers are more likely to pay their taxes on time when the process is easy and convenient. The use of technology, such as the iTax system and M-PESA, is also expected to reduce errors and delays, making the tax payment process more efficient and effective.
The improved tax payment process is also expected to have a positive impact on the economy, as it will make it easier for businesses and individuals to comply with tax laws and regulations. This, in turn, is expected to increase tax revenue, which can be used to fund public services and infrastructure development.
The KRA has also provided a detailed step-by-step guide on its website, which includes screenshots and instructions to help taxpayers navigate the process.
For those who need assistance, the KRA has also set up a customer service center, which can be reached through phone, email, or in-person visits to KRA offices.
Taxpayers can also seek assistance from tax professionals, such as accountants and tax consultants, who can help them navigate the tax payment process and ensure compliance with tax laws and regulations.
, the introduction of the four-step guide by the KRA is a significant improvement to the tax payment process, making it easier and more convenient for taxpayers to pay their taxes. The use of technology, such as the iTax system and M-PESA, is expected to reduce errors and delays, making the tax payment process more efficient and effective.
Beavoren Ventures offers Tax Planning & Compliance services to help businesses and individuals navigate the tax payment process and ensure compliance with tax laws and regulations. Our team of experts can provide guidance on the new four-step guide and assist with tax planning and compliance matters.
Talk to our team at Beavoren Ventures — info@beavorenventures.co.ke — to set up your systems correctly.
Disclaimer: This article is informational and does not constitute formal tax, audit or legal advice. For guidance specific to your circumstances, please contact Beavoren Ventures.