The Kenya Revenue Authority (KRA) has set the market interest rate used to calculate taxes on employee loans at 8 percent for the period between April and June 2026. In a notice issued in line with the Income Tax Act, KRA said the rate will guide the computation of Fringe Benefit Tax (FBT), which applies
The Kenya Revenue Authority (KRA) has collected over Ksh 2 trillion in taxes for the first nine months of the 2025/26 financial year. In a statement released on April 7, 2026, KRA said it collected Ksh 2.038 trillion by March 31. This was slightly below its target of Ksh 2.112 trillion, but still higher than
The Kenya Revenue Authority (KRA) has announced a 36-hour shutdown of its Integrated Customs Management System (ICMS), warning stakeholders to prepare in advance to avoid disruptions. In a notice dated Tuesday, March 24, 2026, KRA said the planned system maintenance will run from Saturday, April 4, 2026, at 6:00 p.m. to Monday, April 6, 2026,
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