VAT Auto Assessment | Ronalds LLP

A VAT registered person is supposed to file VAT return on or before 20th of the following month. With the iTax system, one is supposed to claim the input VAT against the output VAT in order to derive the VAT due.

With KRA adopting a data driven system, it has faced a major risk of non-compliance associated with processing large volumes of VAT data and the need for efficient validation of the results.

However, in a bid to actualize the data driven compliance, KRA has adopted VAT Auto Assessment system.See more details in the file below:

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