Kenya Revenue Authority is a government agency whose overall mandate is to assess, collect and account for all tax revenues in accordance with the written laws and specified provisions of the written laws.
Therefore this is a n important role since our country relies on these funds to run national development programs to promote the social economic well being of all Kenyans.
Voluntary Tax Disclosure Programme is where a taxpayer confidentially discloses tax liabilities that were previously undisclosed to the Commissioner for the purpose of being granted relief of penalties and interest of the tax disclosed.
Where taxpayers fail to pay their taxes or file returns by stipulated due dates, penalties and interest are charged accordance with the law. The penalty and interest are tax that are payable.
However, they may apply to the Commissioner to remit such penalties and interest. Therefore the provision covers only penalty and interest. The principal tax has to be settled in full. The application by a taxpayer for consideration for penalties and interest to be settled in full.
The commissioner may remit the penalty and interest in whole jurisdiction and evidence presented. Penalty and interest charged under fraud or tax evasion are from consideration for waiver.
How to apply, https://www.facebook.com/717172024960473/posts/6759536150724000/?app=fbl
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