Tag Archives: KRA PORTAL

KRA DEADLINE IS FAST APPROACHING, FILE YOUR NIL RETURNS USING THE FOLLOWING SIMPLIFIED PROCEDURE: HOW TO FILE KRA NIL RETURNS VIA THE OFFICIAL KRA PORTAL

<p><strong>KRA DEADLINE IS FAST APPROACHING&comma; FILE YOUR NIL RETURNS USING THE FOLLOWING SIMPLIFIED PROCEDURE&colon; HOW TO FILE KRA NIL RETURNS VIA THE <a href&equals;"https&colon;&sol;&sol;itax&period;kra&period;go&period;ke&sol;KRA-Portal&sol;">OFFICIAL KRA PORTAL<&sol;a><&sol;strong><&sol;p>&NewLine;<p><img class&equals;"alignleft wp-image-6396 size-medium" src&equals;"https&colon;&sol;&sol;newspro&period;co&period;ke&sol;wp-content&sol;uploads&sol;2020&sol;06&sol;Screenshot&lowbar;20200630-101837-163x325&period;png" alt&equals;"KRA DEADLINE IS FAST APPROACHING&comma; FILE YOUR NIL RETURNS USING THE FOLLOWING SIMPLIFIED PROCEDURE&colon; HOW TO FILE KRA NIL RETURNS VIA THE OFFICIAL KRA PORTAL" width&equals;"163" height&equals;"325" &sol;><&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>&diamondsuit;Note&colon; filing of returns is a mandatory exercise for all Kenyan citizens<&sol;p>&NewLine;<p>The window period issued by the Kenya Revenues Authority for filing 2019&sol;2020 returns is set to expire tomorrow&period;<&sol;p>&NewLine;<p>It is therefore important for individuals to declare their income&comma; assets&comma; and liability to avoid hefty penalties&period;<&sol;p>&NewLine;<p>According to the 2018 Finance Act&comma; failure to file individual tax returns attracts a penalty of up to Kshs 2&comma; 000&period;<&sol;p>&NewLine;<h4><strong>KRA NIL RETURNS<&sol;strong><&sol;h4>&NewLine;<p>Filing KRA nil returns does not apply to all individuals&period; It applies to individuals who do not have a monthly source of income&comma; the unemployed category&period;<&sol;p>&NewLine;<p>Nil returns also apply to individuals whose monthly income does not meet the threshold for being taxed that is below sh 24&comma; 000&period;<&sol;p>&NewLine;<p>Note that university students and college students are among the unemployed category&period; Therefore&comma; they need to file their nil returns as directed by the government&period;<&sol;p>&NewLine;<h4><strong>LATEST REQUIREMENTS FOR KRA NIL RETURNS FILING<&sol;strong><&sol;h4>&NewLine;<p>Before commencing the process of filing your Nil returns&comma; ensure that you have the following key requirements&colon;<&sol;p>&NewLine;<p>KRA PIN Number<&sol;p>&NewLine;<p>KRA iTax Password<&sol;p>&NewLine;<p>KRA PIN NUMBER<&sol;p>&NewLine;<p>This is a unique identification number usually tied to an individual’s ID&period; It is a key requirement without which you cannot proceed with the application process&period;<&sol;p>&NewLine;<p>It is obtained from the KRA PIN certificate&period; This is an alphanumerical &lpar;with both letters and numbers&rpar; pin&period;<&sol;p>&NewLine;<p>iTax Password<&sol;p>&NewLine;<p>The iTax password enables you to access and log onto the official iTax portal&period;<&sol;p>&NewLine;<h4><strong>RESETING YOUR iTax Password<&sol;strong><&sol;h4>&NewLine;<p>In case you have forgotten your password&comma; you can always reset it by clicking on the &OpenCurlyDoubleQuote;<strong>Forgot password&sol;Unlock Account<&sol;strong>&period;” Answer the security question then click on the tab labeled &OpenCurlyDoubleQuote;Submit” to reset it&period;<&sol;p>&NewLine;<p>A new password will be sent to the email you used to register for your KRA PIN&period;<&sol;p>&NewLine;<h4><strong>HOW TO FILE KRA NIL RETURNS&semi; STEP BY STEP GUIDE<&sol;strong><&sol;h4>&NewLine;<p><strong>LOG IN<&sol;strong> to the official KRA iTax portal by clicking on the following link <a href&equals;"https&colon;&sol;&sol;itax&period;kra&period;go&period;ke&sol;KRA-Portal&sol;"><strong>https&colon;&sol;&sol;kra&period;go&period;ke&sol;KRA-Portal<&sol;strong><&sol;a><&sol;p>&NewLine;<p>Enter your <strong>KRA PIN <&sol;strong>then click on the tab labeled <strong>CONTINUE <&sol;strong>to proceed<strong>&period;<&sol;strong><&sol;p>&NewLine;<p>Fill in your<strong> PASSWORD&comma; <&sol;strong>solve the <strong>SECURITY STAMP SUM <&sol;strong>then click on<strong> login <&sol;strong>to access the<strong> KRA iTax Portal Dashboard&period;<&sol;strong><&sol;p>&NewLine;<p><strong> <&sol;strong><&sol;p>&NewLine;<p>Select Tax Obligation as Income Tax-Resident Individual as shown below then click on NEXT<&sol;p>&NewLine;<p>Select the Return Period for instance 01&sol;01&sol;2019 to 31&sol;12&sol;2019&period; Note that the return period is automatically generated&comma; hence auto-filled based on your filing history<&sol;p>&NewLine;<p>Click on the Submit button then download the KRA Nil Returns Receipt&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;