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Firms risk KRA bank, assets seizure over unremitted pension
KRA has agency notices, a directive issued by the taxman under Section 42 of the Tax Procedures Act, compelling a third party, such as a bank or employer, to recover unpaid taxes from a...
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KRA to crack down on firms with unremitted workers’ pensions
The proposed law will empower KRA to pursue employers who fail to remit workers’ pension deductions, including through asset recovery and account freezes.
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Firms risk KRA bank, assets seizure over unremitted pension
KRA has agency notices, a directive issued by the taxman under Section 42 of the Tax Procedures Act, compelling a third party, such as a bank or employer, to recover unpaid taxes…
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KRA targets employers over Sh100bn Affordable Housing Levy default
The Affordable Housing Levy Fund Act 2024 requires employers to deduct 1.5 percent of employees’ salaries and match the same for the construction of affordable housing units.