At this rate, KRA should have a banking entity where we direct all our payments and once they have deducted taxes, send us our net. From: Michael Pedersen via skunkworks [mailto:skunkworks@lists.my.co.ke] Sent: Wednesday, July 1, 2015 11:36 PM To: skunkworks@lists.my.co.ke Subject: Re: [Skunkworks] KRA-Tax returns "Does KRA really give refunds??" Technically speaking: no KRA is in the business of collecting money not disbursing it - hence all money that is collected goes straight to Treasury and they are the ones who "refunds" (although KRA is the one actually doing it on their behalf). Historically there has however been a major refund backlog - in that Treasury/national budget only allocated money for a portion of the refund-claims to be covered (deliberately ruining the cashflow of compliant businesses) - however it's supposed to be cleared by now see: http://www.nation.co.ke/business/Sh19-2bn-tax-refunds-to-be-paid-this-month/... However I don't know if it actually is. Refunds are paid out on a first-come first-served (FIFO) order after being validated - so when you filed your claim it ended up at the end of the queue.. So the answer to your question is: yes eventually if it's a valid claim and you are compliant in all other TAX areas. "Any idea on how to go about it?" When you did your return and it showed that you would be in a refund-position you should had been asked about your bank-account details - this is where the refund will eventually be disbursed to (so don't close that account). iTax does have a section regarding refunds - I can't recall if you actually have to "request" for the refund to be initiated - but take a look, you are supposed to see how far in the "process" your refund are. Now that you are in a refundable-position it should also be possible to request to have the refund NOT refunded but instead using it as an offset towards future payments, but you have to explicit request this. This might however be "faster" than awaiting for Treasury to allocate refund funds... .. Mike On 7/1/15 10:46 PM, samuel Antony Mwangi via skunkworks wrote: I got an acknowledgement receipt for tax refund application for income tax claim from KRA...showing that KRA needs to refund me a good amount of money. Does KRA really give refunds?? Any idea on how to go about it? Sam. You need to be a techie to file returns in Kenya. + 1 On Wed, Jul 1, 2015 at 6:24 PM, James Kagwe via skunkworks <skunkworks@lists.my.co.ke <mailto:skunkworks@lists.my.co.ke> > wrote: You need to be a techie to file returns in Kenya. On 6/30/2015 10:04 PM, Bwana Lawi via skunkworks wrote: What's the point of announcing that we have until 30th if the system is only available until 29th? Been encountering this since 7pm On Tue, Jun 30, 2015 at 9:39 PM, Maryann Wangari via skunkworks <skunkworks@lists.my.co.ke <mailto:skunkworks@lists.my.co.ke> > wrote: Someone please explain, I have never filed my Taxes before and I did not notice the deductions "if they ever happened" What will be the exact amount of money deducted if someone does not file?. I have downloaded the Individual Resident form but its totally different from what I have seen with others. I am using numbers on an iMac am not sure how this works out. Does this mean I have to install Microsoft office for Mac? Best Regards "Details matter, it’s worth waiting to get it right" Maryann G Wangari Creative Designer m +254 720 308 600 e <mailto:maryannkareh@gmail.com> maryannkareh@gmail.com a Nairobi Kenya Skype: maryannkareh Twitter: @maryannkareh , About me: <http://about.me/maryannkareh> http://about.me/maryannkareh On Tue, Jun 30, 2015 at 4:25 PM, ndungu stephen via skunkworks <skunkworks@lists.my.co.ke <mailto:skunkworks@lists.my.co.ke> > wrote: Filled yesterday and hard a difference of 5.62 I have now recieved an email that I owe them 49k And KRA's Motto is: We have got all it takes, to take all you have got !
