Tax waiver has kicked off in Kenya.
Starting today, 1st July 2026, the tax amnesty introduced by the Finance Act, 2026 has officially taken effect.
โข How does it work?
KRA shall delete your tax penalties, interest and non-compliance fines,
Provided you pay the principal (actual tax) due.
โข What period does it cover?
It covers tax liabilities that arose on or before 31st December 2025.
Under one condition.
- You must clear the principal tax before 1st Jan 2027.
Example.
Say your actual tax bill for 2020 was Ksh 100,000.
You did not pay it because of cash flow challenges.
Over the years, penalties and interests have accumulated to Ksh 30,000.
If you pay the Ksh 100,000 before 2027,
KRA shall take the rubber, and erase the 30,000.
โข One question many people are asking:
- Will KRA also waive the penalties for late filing of your 2025 tax return late?
The answer is: Yes.
โข So what should you do?
โข Check your iTax ledger immediately.
โข Identify the principal tax outstanding.
โข Pay the principal tax.
โข Leave the penalties, interest and fines untouched.
KRA shall erase them.
"Self-talk strategies:
If you need confidence, talk to yourself the way you would talk to a friend.
If you need persistence, talk to yourself the way you would talk to a student.
If you need patience, talk to yourself the way you would talk to a child."
@JamesClear
A lack of time isn't holding you back, a lack of priorities is...
We all have the same time in the day.
Some people choose how to use it better.
They prioritize what they want to achieve and focus on those priorities.
They read instead of playing video games.
They exercise instead of watching Netflix.
๐๐ผ๐ป'๐ ๐๐ฎ๐ ๐ ๐ฑ๐ผ๐ป'๐ ๐ต๐ฎ๐๐ฒ ๐๐ถ๐บ๐ฒ.
๐ช๐ต๐ฒ๐ป ๐๐ผ๐ ๐ฟ๐ฒ๐ฎ๐น๐น๐ ๐บ๐ฒ๐ฎ๐ป,
๐ ๐ฑ๐ผ๐ป'๐ ๐ต๐ฎ๐๐ฒ ๐ฝ๐ฟ๐ถ๐ผ๐ฟ๐ถ๐๐ถ๐ฒ๐.