The Kenya Revenue Authority (KRA) has unveiled a new system, ETIMS Lite, to make tax invoicing easier for small businesses.
This system requires all businesses, including those in the Informal Sector and Small Businesses, to create and send their invoices electronically to KRA through the electronic Tax Invoice Management System (IMS).
“ETIMS Lite provides a simple interface for non-VAT registered taxpayers to generate and send invoices electronically,” explained a KRA representative.
Accessible through platforms like eCitizen, including a USSD option (*222#) and a web-based solution (citizen.kra.go.ke), this initiative aims to ease compliance for small-scale entrepreneurs.
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According to KRA, electronic invoicing is crucial for all businesses, irrespective of their size or sector.
By mandating the use of eTIMS, KRA hopes to boost transparency, reduce tax evasion, and streamline tax collection processes.
“We are dedicated to assisting taxpayers and ensuring adherence to tax regulations,” stated a KRA spokesperson.
“Through initiatives like eTIMS Lite and ongoing dialogues with stakeholders, we aim to facilitate a smooth transition to electronic invoicing while providing tailored support to businesses in Kenya.”
KRA encourages taxpayers and representative bodies facing compliance challenges to reach out for assistance.
They also highlight innovative solutions like reverse invoicing, where sellers allow buyers to issue invoices on their behalf, offering more flexibility in invoice management.
