×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now

Insurance company to pay KRA Sh27 million

Vocalize Pre-Player Loader

Audio By Vocalize

Times Tower Building in Nairobi which hosts Kenya Revenue Offices. [File, Standard]

A tax tribunal has directed Monarch Insurance Company to pay Kenya Revenue Authority (KRA) Sh27.1 million on behalf of its client Alicia Freighters Limited.

The taxman did an audit on its Simba System and during the reconciliation process, it noted that the company had an outstanding unaccounted security body of Sh27.1 million.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Sports
Kiprotich and Cherop beat strong field to triumph in Iten meet
By AFP 22 hrs ago
Sports
Prizmic follows up on Djokovic exploit by reaching Italian Open last 16
By AFP 1 day ago
Football
Barcelona need a point against Real Madrid to win La Liga
By Mose Sammy 1 day ago
Golf
Gitari outshines 280 golfers to win title at Muthaiga