How To Apply For KRA Waiver Using iTax
- Step 1: Access iTax Portal at https://itax.kra.go.ke/KRA-Portal/
- Step 2: Enter your KRA PIN Number.
- Step 3: Enter your iTax Password.
- Step 4: iTax Account iPage.
- Step 5: Click on Debt and Enforcement tab then Request for Waiver of Penalties and Interest sub menu tab.
How long does waiver process take Kra?
KRA is calling applicants to submit supporting evidence for their applications within 30 days to facilitate the processing of the waiver. Applicants who do not offer supporting evidence will pay interest or penalties as the agency will reject their waiver applications.
How do you write a waiver application?
When writing waiver letters, be sure to:
- Use a business format. Write the letter in business style with a professional tone.
- Be direct and to the point. That doesn’t mean, however, that the letter will necessarily be short.
- State Your Purpose.
- Explain Your Reasoning.
- Wrap it Up.
How do I claim a refund from KRA?
A claim for refund must be made within five (5) years of the date the tax was paid. A decision on the application shall be communicated to the taxpayer within 90 days of receiving the application. ii) Click the Refund tab. From the drop down menu, select Income Tax.
What is a penalty waiver?
If you believe that a penalty should be waived because the failure to pay the tax on time was due to reasonable cause and was not intentional or due to neglect, you have the right to request a penalty waiver.
How do I get a KRA waiver letter?
Just log into your KRA iTax account; under Debt and Enforcement, click on Request for Waiver of Penalties and Interests; under details of waiver, click on tax obligation (Income Tax Resident Individual) and then tax type select penalty. You can have a look at the screenshot below to give you an idea.
What is waiver application?
A waiver application is thus a formal written request to the DHA to set aside certain prescribed requirements for a visa in any given category. This means that companies and/or individuals may, for good cause, be exempted from certain prescribed requirements.
How do I waive KRA penalties?
The principal tax has to be settled in full. This application by a taxpayer for consideration for penalties and interest to be vacated is what is known as a waiver application. The Commissioner may remit the penalty and interest in whole or partially, depending on justification and evidence presented.
What is a letter of waiver?
The Waiver Letter or Waiver Agreement is a document that confirms that a party has surrendered or waived their rights. This document is used when a party decides to give up their rights or claim to relieve the other party from liability.
How do you ask for a fee waiver?
Call the admissions office of the college or university you plan on applying to and ask what their fee waiver policy is. Many schools have very simple processes in place for fee waivers, and might just request you send in a letter from your guidance counselor or mentor that explains your financial situation.
Who qualifies for refund?
Why do people get tax refunds? You will get a refund if you overpaid your taxes the year before. This can happen if your employer withholds too much from your paychecks (based on the information you provided on your W-4). If you’re self-employed, you may get a refund if you overpaid your estimated quarterly taxes.
How do I apply for refund?
Any taxpayer can file a refund claim in form RFD-01 under GST on the GST portal. RFD-01A refers to the offline application of refund that is no longer in use. A refund will be issued only when the refund exceeds Rs. 1,000 in value.
How do I claim a refund?
How can I claim my Income Tax refund? The easiest way to file for your tax refund is to declare your investments in Form 16 (life insurance premiums paid, house rent being paid, investments in equity/NSC/mutual funds, bank FDs, tuition fees, etc.) while filing your IT return and submit the necessary proofs.
What is reasonable excuse?
A reasonable excuse is something that stopped you meeting a tax obligation that you took reasonable care to meet, for example: your partner or another close relative died shortly before the tax return or payment deadline. you had an unexpected stay in hospital that prevented you from dealing with your tax affairs.
What are acceptable reasons for filing late tax return?
Typical Situations
- Fire, casualty, natural disaster or other disturbances.
- Inability to obtain records.
- Death, serious illness, incapacitation or unavoidable absence of the taxpayer or a member of the taxpayer’s immediate family.
Is there a one time tax forgiveness?
One-time forgiveness, otherwise known as penalty abatement, is an IRS program that waives any penalties facing taxpayers who have made an error in filing an income tax return or paying on time. This program isn’t for you if you’re notoriously late on filing taxes or have multiple unresolved penalties.
How do I email KRA?
Call us on : +254 20 4 999 999 or +254 711 099 999; Email us on [email protected] or click the button below to ask us a question. You can also visit any of our physical locations countrywide.
How do I know if I have KRA penalties?
Checking For Penalties
- Log in to https://itax.kra.go.ke/KRA-Portal/
- Enter your KRA PIN, then click continue.
- On the dashboard, select My Ledger.
- Fill in all the tabs.
- Under transaction type select penalty.
- For Account type click on Taxpayer Main Account.
How long does a waiver take?
You may need several months to gather all the required information, complete the forms and submit your application. Following your submission, the Admissibility Review Office takes approximately two to three months to process your application.
What happens after your waiver is approved?
Once the waiver is approved by USCIS, the applicant should receive a packet of information from the U.S. Embassy of his or her country of origin. The packet will instruct the applicant to set up a new interview appointment at the consulate.
What is a waiver and how does it work?
A waiver is a type of exculpatory contract that lets you voluntarily give up certain rights or claims. When you waive something, you might agree to not enforce specific terms of the contract or to not hold the other party liable if something happens. A waiver can also ask you to modify a right.
