KRA honors best taxpayers as new entrants top the list

KRA honors best taxpayers as new entrants top the list

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KRA head office in Nairobi.

Big names in the corporate industry in Kenya are missing in this year’s top honors for best tax payers in a ceremony that was graced by President Uhuru Kenyatta .

The list was full of completely new entrants as the Kenya Revenue Authority (KRA) sought to change the criteria it used to identify Top Tax payers.

The Teachers Service Commission, Safaricom and East African Breweries Limited (EABL) were all missing out in this year’s awards.

Differently from the past years traditions where the system for awarding was based on cumulative taxes paid, this year’s KRA awarding was based on tax paid in relation to revenue generated.

Eastern Produce Kenya Limited was crowned the best tax payer of the year.

Oxford University press, Better Globe Forestry, CFC Stanbic and AutoExpress Ltd bagging the titles of Voluntary disclosure, Best Corporate tax, Best VAT yield, SME best importer.

Other winners were Urgent cargo handling, Huduma Kenya and Japan International Corporate Agency (JICA) which won in the categories of Partnership,

Innovation partner and Capacity building partner of the year awards respectively.

Laikipia county bagged county of the year, Trade Mark east Africa taking Tax compliance while National Construction Authority clinching Trade Facilitation Partner.

President Kenyatta called on KRA to streamline revenue collection. “We need to improve the country’s business ranking to below 50 in the few years and ensure that those eligible to pay taxes do so. We must also nurture the culture of discipline and transparency among the KRA staff hence I direct the treasury to work with KRA to do staff vetting” He further reiterated.

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