Learn how to file nil returns on KRA iTax effortlessly. Follow our comprehensive guide to navigate the process, ensure tax compliance, and avoid penalties. Start filing your nil returns today!
Filing tax returns is a crucial obligation for individuals and businesses alike. However, not everyone has a tax liability to pay in certain circumstances. In Kenya, the Kenya Revenue Authority (KRA) allows taxpayers to file nil returns through its iTax platform.
How to File Nil Returns on KRA iTax 2023
This article will guide you through the process of filing nil returns on KRA iTax, ensuring compliance with tax regulations while avoiding penalties.
Step 1: Register and log in to the iTax platform
To file nil returns on KRA iTax, you must first register as a taxpayer and obtain your Personal Identification Number (PIN). Log in to your iTax account using your credentials if you are already registered.
Step 2: Access the e-Returns portal
Once logged in to your iTax account, navigate to the ‘Returns’ tab on the top menu bar. Under ‘Returns,’ select ‘File Nil Returns’ from the drop-down menu.
Step 3: Select the tax obligation and return period
On the ‘File Nil Returns’ page, you will see a list of different tax obligations such as Income Tax, Value Added Tax (VAT), and Pay As You Earn (PAYE). Select the relevant tax obligation for which you want to file nil returns. Next, choose the return period for filing the nil returns. Ensure you select the correct tax obligation and return period to avoid discrepancies.
Step 4: Complete the nil returns form
After selecting the tax obligation and return period, you will be directed to the nil returns form. Fill in the required information accurately. The form will usually ask for details such as your PIN, return period, and the reason for filing nil returns.
Step 5: Submit the nil returns form
Double-check all the information you have entered in the nil returns form to ensure accuracy. Once satisfied, click on the ‘Submit’ button to submit your nil returns.
Step 6: Acknowledge the submission
After submitting the nil returns form, the iTax system will generate an acknowledgment receipt. This receipt serves as proof that you have filed nil returns. Download and save the receipt for your records. Keeping a copy of this receipt as evidence of compliance with your tax obligations is essential.
Step 7: Log out
After completing the filing process, log out of your iTax account to ensure the security of your information.
Important Tips:
- Ensure that you file your nil returns within the stipulated deadline. In Kenya, the deadline for filing individual nil returns is usually 30th June of the following year.
- Always keep your PIN and iTax login credentials safe and confidential to prevent unauthorized access to your tax information.
- If you have multiple tax obligations, file nil returns separately for each relevant tax obligation.
- If you have any doubts or questions regarding the filing process, contact the KRA customer support helpline or visit the nearest KRA office for assistance.
Now You Know How to File Nil Returns on KRA iTax
Filing nil returns is a crucial responsibility for taxpayers, even if they have no taxable income for a particular period. Following the abovementioned steps, you can easily file nil returns on KRA iTax and fulfill your tax obligations. Remember, compliance with tax laws is essential for the overall development and progress of the country, so ensure that you file your returns promptly and accurately.
- Read Also: How to File KRA Returns in Kenya 2023