The new Kenya Revenue Authority (KRA) simplified PAYE filing system for employers is aimed at making the filing process more efficient. This initiative is part of KRA’s ongoing efforts to streamline tax compliance, enhance efficiency, and improve the taxpayer experience.
Key Features of the Simplified PAYE Filing System
- The new system offers a more user-friendly interface, making it easier for employers to navigate the PAYE filing process.
- Employers can now upload employee data in bulk, eliminating the need to enter details individually.
- Real-time validation is incorporated, allowing employers to identify and correct errors immediately during submission.
- The system fully integrates with the KRA’s iTax platform, ensuring seamless data submission and improved accuracy.
Benefits and Objectives
According to KRA, the simplified PAYE filing system is designed to:
- Reduce the time and effort required for employers to comply with tax obligations.
- Minimize errors and discrepancies through automated checks and validations.
- Support KRA’s broader digital transformation strategy aimed at increasing compliance and boosting revenue collection.
Filing Process and Deadlines
Employers are required to:
- Log in to the iTax platform using their KRA credentials.
- Navigate to the PAYE section and utilize the new simplified filing option.
- Upload employee data or enter details as appropriate.
- Review and submit the PAYE returns, with the system validating entries before finalization.
PAYE returns must be filed by the 9th of the month following the payroll month. Late submissions may attract penalties and interest charges.
Looking Ahead
KRA encourages all employers to familiarize themselves with the new PAYE system to ensure timely and accurate compliance. The authority continues to invest in digital solutions to make tax processes more efficient for all stakeholders.
For further updates and detailed guidance, employers should visit the official KRA website.
References:
https://www.kenyans.co.ke/news/113418-kra-unveils-simplified-paye-filing-system-employers
https://www.msn.com/en-xl/africa/kenya/kenya-revenue-authority-introduces-new-tax-filing-process-for-paye/ar-AA1HfSjV?ocid=finance-verthp-feeds
