Sharp Daily
No Result
View All Result
Monday, September 15, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

KRA unveils simplified e-invoicing for informal sector, small businesses

Brian Murimi by Brian Murimi
March 4, 2024
in News
Reading Time: 1 min read

Kenya Revenue Authority (KRA) has unveiled simplified electronic Tax Invoice Management System (eTIMS) solutions for non-VAT registered taxpayers, including those in the informal sector and small businesses.

The new “eTIMS Lite” solutions aim to facilitate easier adoption of electronic invoicing for these groups.

“KRA remains committed to continue supporting and facilitating all taxpayers to comply with the requirements of the law by adopting a facilitative and collaborative approach to tax compliance,” the authority stated in a press release on March 4, 2024.

The simplified eTIMS solutions comprise a USSD invoicing option accessible through *222# and a web-based invoicing platform available at ecitizen.kra.go.ke. These solutions are designed to cater to the specific needs of informal sector players, such as farmers, jua kali traders, and artisans.

RELATEDPOSTS

Lessons from KRA’s VAT turnaround

June 12, 2025

Kenya Revenue Authority (KRA) dismisses 19 staff in a renewed anti-corruption drive

February 13, 2025

In addition to introducing the new solutions, KRA has also intensified publicity, awareness, and tax literacy efforts through continuous stakeholder engagements and taxpayer education programs targeted at the informal sector. “KRA has partnered with the informal sector representative groups and associations to facilitate direct support to taxpayers in these sectors to on board eTIMS,” the statement read.

The authority has extended an invitation to taxpayers and representative bodies experiencing challenges adopting the existing solutions to explore further customized options, including a reverse invoicing solution where buyers can issue invoices on behalf of sellers with their consent.

KRA has emphasized its commitment to collaborating with taxpayers and representative bodies to ensure compliance with the law while considering the unique needs of different sectors. “We wish to invite taxpayers and representative bodies who may experience challenges adopting the existing solutions to reach out to further explore solutions tailored to cater for their specific needs,” the statement added.

Previous Post

COB flags KES 7 billion spent by County Governments on staff outside payroll

Next Post

Kenya Railways set to launch six passenger stations in Mombasa

Brian Murimi

Brian Murimi

Brian Murimi is a journalist with major interests in covering tech, corporates, startups and business news. When he's not writing, you can find him gaming, watching football or sipping a nice cup of tea. Send tips via bireri@thesharpdaily.com

Related Posts

News

September snapshot: CMMF yields 13.12% as month unfolds

September 5, 2025
Private equity investment business concept
News

Private equity and insurance

September 4, 2025
News

Kick financial goals: Invest with CMMF this football season

August 22, 2025
commercial illustrator
News

Why Kenyan private equity firms should consider continuation funds as an exit strategy

July 23, 2025
Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025

LATEST STORIES

Real Estate project financing models shaping successful developments

September 12, 2025

Alternative investments: Opportunities and risks

September 12, 2025

Mid-September momentum: CMMF posts strong yields and growing trust

September 12, 2025

Unlocking Home Ownership Through Retirement Savings in Kenya

September 12, 2025

The role of FDIs in driving sustainable development

September 11, 2025

How increased oversight can clean up the insurance sector without stifling innovation

September 11, 2025

Why retail investors hold the key to Kenya’s capital market growth

September 11, 2025

Kenya’s new banking policies: A turning point for the financial sector

September 11, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

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

Sharp Daily © 2024