A tax audit can be a stressful experience for many businesses, but with proper preparation and accurate records, it becomes a manageable and routine compliance process. The Kenya Revenue Authority (KRA) conducts audits to verify
Small and medium-sized enterprises across Kenya are increasingly adopting cloud-based accounting systems to manage bookkeeping and tax compliance. These systems automate invoicing, expense tracking, payroll calculations, and financial reporting. By digitizing accounting processes, businesses can
Professional services firms in Nairobi report an increase in demand for forensic accounting services as businesses seek to investigate financial irregularities and internal fraud. Forensic accountants analyze financial records, bank statements, and accounting systems to
Recent reports indicate that the Kenya Revenue Authority has intensified audits on companies claiming VAT refunds. Authorities are reviewing whether the input VAT claimed by businesses is supported by legitimate invoices and valid supplier transactions.
Commercial banks in Kenya are increasing scrutiny of SME financial records as part of anti-money-laundering and tax compliance frameworks. Financial institutions are now requesting audited financial statements and proof of tax compliance before approving credit
The Kenya Revenue Authority (KRA) has intensified its use of data-matching technology to identify businesses that underreport income. The system compares information submitted in tax returns with third-party records such as bank statements, mobile money
The Kenya Revenue Authority is set to launch Body Worn Cameras for Customs and Border Control officers and this isn’t just technology. It’s a statement. A statement that every traveler deserves a fair, professional, and
Kenya’s tax administration is increasingly moving toward automated auditing systems that rely on integrated financial databases to identify inconsistencies in tax declarations. This transformation is being driven by new digital verification tools introduced by the
Kenya’s government is intensifying efforts to strengthen tax compliance and increase domestic revenue collection as part of its fiscal consolidation plan for the 2026 financial year. The strategy is outlined in the national budget policy
Kenya’s digital tax platform has undergone significant upgrades that are expected to change how taxpayers file objections and interact with the revenue authority. The new enhancements to the iTax system are designed to streamline compliance
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+254 702 966 928
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