State picks team to exempt farmers from the Kenya Revenue Authority's electronic tax invoice management

Fresh Avocado

Fruits

Kenya

Regulation & Compliances

Innovation & Technology

Published Mar 21, 2024

Tridge summary

A new committee has been formed in Kenya to develop a temporary solution to exempt primary farmers from the requirement of producing electronic invoices for their sales, a regulation imposed by the Kenya Revenue Authority (KRA). This decision was taken after avocado farmers protested against the regulation, claiming it negatively affected the sub-sector and led exporters to shift to Tanzania. The committee, led by Deputy President Rigathi Gachagua, comprises representatives from exporters, aggregators, farmers, processors, and various government officials.

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Original content

A newly set up committee will come up with a temporary solution to relieve farmers from a requirement by the taxman to produce electronic invoices for their sales. The development is set to come as a relief to primary farmers, particularly avocado and macadamia farmers, who were set to be hit hard by the new regulation. Deputy President (DP) Rigathi Gachagua, on Tuesday, directed the stakeholders' committee to sit and come up with a framework that will exempt primary farmers from the Kenya Revenue Authority (KRA) electronic tax invoice management (eTims) requirement as contained in Section 23 of the Finance Act 2023. The committee consists of the Kirinyaga Senator (James Murango), Tigania West MP (John Mutunga) alongside representatives from the exporters, aggregators, farmers, processors, Cabinet Secretaries in charge of Trade, Agriculture, Cooperatives, Treasury, and officials from the DP’s office. The move comes after avocado farmers decried the new requirement, saying it has ...

Source: Businessdailyafrica