Only 4 months left to get your books ready for the 2027 tax filing. Are you ready?
Picture Kioko, who runs a hardware shop.
He has been busy serving customers, buying stock and paying suppliers. Every month, he records his sales and expenses, but he rarely takes time to reconcile everything.
He tells himself he'll sort out the books when filing season comes.
But 2027 could catch him off guard.
Why?
Two important changes Kenyan business owners need to prepare for:
- The filing deadline is moving from 30th June to 30th April.
- KRA is validating declared income and expenses against eTIMS, withholding tax records and customs data.
So, what should Kioko be doing now?
- Reconcile your income.
Your sales records should agree with your eTIMS invoices and other income records. Investigate missing invoices and differences early.
- Verify your expenses.
Make sure business expenses are supported by valid invoices and other required documents. Check supplier details and your business PIN.
- Resolve outstanding tax obligations.
If you have qualifying tax debts from periods up to 31st December 2025, check whether you qualify for the tax amnesty before it closes on 31st December 2026.
Here's the thing:
You don't want to wait until April to start chasing missing invoices, correcting records and investigating tax differences.
Your books should be reconciled, properly supported and ready well before filing season.
Four months can make a big difference when you use them wisely.
Are your books ready for the 2027 filing season?
