ETIMS ONBOARDING FOR ALL BUSINESSES 2023
All businesses are required to electronically generate and transmit their invoices via ETIMs by 1st January 2024. Any expenditures lacking support from an eTIMs-generated invoice will not be eligible for tax deduction purposes. ELECTRONIC TAX INVOICE MANAGEMENT SYSTEM {ETIMS} - is a software solution that provides technological convenience to meet taxpayers’ compliance needs. ETIMs will be accessed through various devices which include: Mobile phones and Computers. BENEFITS OF ETIMS · eTIMS offers enhanced convenience, user-friendliness, and flexibility for businesses. · Real-time data transmission to the Kenya Revenue Authority (KRA) which improves accuracy in the declaration and reconciliation of tax invoices. · Reduced Cost of Compliance since taxpayers are not required to purchase ETR Machines. Effective 1st September 2023 ...