Extension Of Deadline For Compliance With Tax Invoice Management System (TIMS) Tubonge Tax podcast

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Extension of deadline for compliance with Tax Invoice Management System (TIMS)

2y ago 18:02

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Content provided by Kenya Revenue Authority and Tubonge Tax. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kenya Revenue Authority and Tubonge Tax or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

The deadline for the requirement by taxpayers to comply with regulations of the Tax Invoice Management System (TIMS) has been extended to 30th September 2022. The deadline extension is an administrative decision necessitated by taxpayers' request for more time to acquire and activate their TIMS devices in compliance with Electronic Tax Invoice (ETI) Regulations that were gazetted on 25th September 2020, Legal Notice 189.

The overall objective of introducing TIMS vide VAT (Electronic Tax Invoice) Regulations, 2020 is to increase VAT compliance, minimize on VAT fraud and increase tax revenue.

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36 episoade

#Kenya Revenue Authority #Books #Arts #Tubonge Tax

Artwork

Extension of deadline for compliance with Tax Invoice Management System (TIMS)

published 2y ago

Distribuie

MP3•Pagina episodului

Content provided by Kenya Revenue Authority and Tubonge Tax. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kenya Revenue Authority and Tubonge Tax or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

The deadline for the requirement by taxpayers to comply with regulations of the Tax Invoice Management System (TIMS) has been extended to 30th September 2022. The deadline extension is an administrative decision necessitated by taxpayers' request for more time to acquire and activate their TIMS devices in compliance with Electronic Tax Invoice (ETI) Regulations that were gazetted on 25th September 2020, Legal Notice 189.

The overall objective of introducing TIMS vide VAT (Electronic Tax Invoice) Regulations, 2020 is to increase VAT compliance, minimize on VAT fraud and increase tax revenue.

--- Send in a voice message: https://anchor.fm/storizaushuru/message

… continue reading

36 episoade

#Kenya Revenue Authority #Books #Arts #Tubonge Tax

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