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Unpacking KRA's eTIMS
Manage episode 412816803 series 3254509
Unpacking KRA's eTIMS: A New Era for Tax Compliance in Kenya for Businesses & Individuals.
What is eTIMS?
The eTIMS system is KRA's innovative response to the challenges of tax compliance, designed to facilitate a seamless, efficient, and transparent process. By automating tax invoicing, eTIMS significantly reduces the administrative burden on businesses and individuals, ensures accuracy in tax reporting, and combats tax evasion. This system is not just a step forward in digitalization; it's a major transition towards enhancing the ease of doing business in Kenya.
The Significance of eTIMS.
With a deadline for sign-ups looming on the 31st of March 2024, the urgency to understand and adopt eTIMS has never been more critical. The platform's development was driven by a need to align tax processes with the dynamic nature of modern business and individual operations, offering a solution that is both accessible and comprehensive.
36 jaksoa
Manage episode 412816803 series 3254509
Unpacking KRA's eTIMS: A New Era for Tax Compliance in Kenya for Businesses & Individuals.
What is eTIMS?
The eTIMS system is KRA's innovative response to the challenges of tax compliance, designed to facilitate a seamless, efficient, and transparent process. By automating tax invoicing, eTIMS significantly reduces the administrative burden on businesses and individuals, ensures accuracy in tax reporting, and combats tax evasion. This system is not just a step forward in digitalization; it's a major transition towards enhancing the ease of doing business in Kenya.
The Significance of eTIMS.
With a deadline for sign-ups looming on the 31st of March 2024, the urgency to understand and adopt eTIMS has never been more critical. The platform's development was driven by a need to align tax processes with the dynamic nature of modern business and individual operations, offering a solution that is both accessible and comprehensive.
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