What is the penalty for late tax filing?
If you have a recorded source of income, the penalty of late filing is usually 5% of your expected tax payment. For those without claimed revenue, a total charge of Ksh. 2000 stands as the standard penalty amount. Sometimes KRA charges whichever is higher between the 5% of tax or Ksh 2000. With delayed payment, you will have to pay a penalty of 5% of the tax owed with an additional 1% interest rate per month, until the time you pay the tax in full.
Other KRA Tax Penalties
How to Pay KRA Penalties and Fines via MPESA
How to Pay Individual Income Tax via MPESA
After filing your returns on iTax, you will get a generated electronic slip with a payment registration number at the top right corner. You can either present the slip to any of the acceptable KRA partnered banks, or follow the steps above to pay via MPESA.
