Sharp Daily
No Result
View All Result
TALK TO US
Saturday, December 9, 2023
  • Home
  • News
    • Politics
  • Business
    • Investments
    • Economy
  • Technology
  • Opinion
  • Real Estate
  • Features
  • Appointments
  • Sports
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Investments
    • Economy
  • Technology
  • Opinion
  • Real Estate
  • Features
  • Appointments
  • Sports
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Google Begins Collection of KRA Pins To Implement 16% VAT on Online Payments

Domenic Ntoogo by Domenic Ntoogo
January 6, 2023
in News
Google

[Photo/ Courtesy]

Share on FacebookShare on Twitter

Google has commenced the process of implementing the 16% VAT on online payments of good and services.

The tech giant has asked Kenyans to submit their Kenya Revenue Authority (KRA) pins by uploading them on their payment profiles.

“Please update your Kenya PIN number in your Google payments profile. Once updated, you should start seeing the PIN number on your Google invoices,” said Google.

“We recommend providing your PIN number as soon as possible to ensure our invoice includes this information.”

Read: Google Commits Ksh465 Million To Fund Black-founded Startups Across Africa

The company has threatened that those who do not provide the details by February 1 will encounter challenges in the processing of their invoices.

“Failure to provide your PIN number by February 1, 2023 may cause issues with invoice validity and possible implications for recovery of VAT costs, if you are entitled to reclaim,” said the company.

The move by google is a result of government’s move to introduce a 16% VAT on all taxable good and services through the Digital Marketplace Supply Amendment Regulation of 2022.

Thus the company will begin collecting taxes on behalf of the government in February to make it compliant with the amendment.

“Due to new tax legislation in Kenya, starting February 1, 2023, Google will be required to charge a 16% tax on all taxable goods and services,” it said.

Email your news TIPS to editor@thesharpdaily.com

Tags: GoogleKRA
Domenic Ntoogo

Domenic Ntoogo

Related Posts

African nations call for clean cooking, seek support from developed countries
Economy

African nations call for clean cooking, seek support from developed countries

December 8, 2023
Not all govt parastatals up for privatization will be sold, Kimani Ichungwah
News

Not all govt parastatals up for privatization will be sold, Kimani Ichungwah

December 8, 2023
Uganda’s  Lato Milk Processor acquires Kenya’s Highland Creamers 
Business

Uganda’s  Lato Milk Processor acquires Kenya’s Highland Creamers 

December 8, 2023
Kenya rated best in world for human capital
News

Kenya rated best in world for human capital

December 8, 2023
Where is my money? Sanaipei Tande calls out CS Ababu over unfulfilled Kalasha award promise.
News

Where is my money? Sanaipei Tande calls out CS Ababu over unfulfilled Kalasha award promise.

December 7, 2023
President Ruto hosts 11 Envoys,  high Commissioners at State House
News

President Ruto hosts 11 Envoys,  high Commissioners at State House

December 7, 2023

TRENDING

East Africa Growth Holding to acquire 10.13% of I&M Group’s share capital
News

East Africa Growth Holding to acquire 10.13% of I&M Group’s share capital

by Judd Mutua
November 8, 2023
China Square to open second store at Waterfront Karen
News

China Square to open second store at Waterfront Karen

by Brian Murimi
October 25, 2023
Carrefour opens third store in the coastal region
Business

Carrefour opens third store in the coastal region

by Christine Akinyi
December 7, 2023
East African Portland Cement Company slides into loss despite higher revenues
News

East African Portland Cement to invest KES 3O billion in new Kajiado clinker plant

by Phoebe Mwendia
November 27, 2023
Sharp Daily

© Sharp Daily - News, money, property, finance, tech and more.

Navigate Site

  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions

Follow Us

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Investments
    • Economy
  • Technology
  • Opinion
  • Real Estate
  • Features
  • Appointments
  • Sports
  • About Us
    • Meet The Team

© Sharp Daily - News, money, property, finance, tech and more.