Taxman softens stance in bid to woo MSMEs into tax net

Kenya Revenue Authority officials, with police officers, conducted an inspection of cigarettes intended for export and counterfeit KRA stamps in a private residence in the Barnabas area of Nakuru city on December 8, 2023. [File, Standard]

The taxman is adopting a more corporate approach in dealing with micro, small, and medium enterprises (MSMEs), which have been positioned as key in the agency's efforts to expand the tax base.

MSMEs and the informal sector feature heavily in the Kenya Revenue Authority's (KRA) ninth corporate plan running until the 2028-29 financial year.