Filling nil returns on KRA portal
In Kenya, filing nil returns with the Kenya Revenue Authority (KRA) is the process of submitting a tax return to indicate that you did not have any taxable income or transactions during a specific tax period. The process of filing nil returns with KRA can be done through the iTax system, which is an online platform for filing and paying taxes in Kenya. The steps to file nil returns through iTax are as follows:
Register for an iTax account: If you do not have an iTax account, you will need to register for one by visiting the KRA website and following the instructions provided.
Log in to your iTax account: Use your iTax credentials to log in to your account.
Go to the Tax Return Filing page: From the main menu, click on the "Tax Return Filing" option.
Select the tax period for which you are filing: From the Tax Return Filing page, select the tax period for which you are filing a nil return.
Complete the tax return form: Fill in the required information on the tax return form, including your Personal Identification Number (PIN) and Tax Identification Number (TIN).
Indicate that you have no taxable income or transactions: On the tax return form, indicate that you have no taxable income or transactions by selecting the appropriate option.
Submit the form: Once you have completed the tax return form, click on the "Submit" button to file your nil return.
Confirm submission: A confirmation page will be displayed indicating that your nil return has been submitted successfully.
It's important to note that failure to file nil returns may result in penalties and fines, so ensure that you file nil returns on or before the due date to avoid penalties. Also, you may be required to file nil returns even if you did not have any taxable income or transactions for the tax period.
