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High Court Clarification on VAT Credit Priority: What SMEs Need to Know

High Court Clarification on VAT Credit Priority: What SMEs Need to Know

by Auditor | Nov 25, 2025 | Aura & Company Audit Firm

VAT: Tax Tuesday — for SMEs, MSMEs & finance teams 1️. Why this ruling matters now Last year’s High Court decision clarified a longstanding headache for VAT-registered businesses: what order VAT credits should be applied when a taxpayer has excess input VAT and...
Inside KRA’s New e-RITS System: What Property Owners & SMEs Should Know

Inside KRA’s New e-RITS System: What Property Owners & SMEs Should Know

by Auditor | Nov 19, 2025 | Tax

(e-RITS System for landlords, SMEs, and real-estate-linked businesses) Why This Matters Now -On 25 September 2025, the Kenya Revenue Authority (KRA) rolled out the Electronic Rental Income Tax System (e-RITS) — a new digital platform requiring property owners to...
Inside KRA’s New Employee Benefit Tax Rules: What Employers & SMEs Should Know

Inside KRA’s New Employee Benefit Tax Rules: What Employers & SMEs Should Know

by Auditor | Nov 4, 2025 | Tax

Why This Matters Now If you’re an employer in Kenya — even a small business — the way you offer “extras” to your workforce is no longer just an HR decision: it’s a tax liability. The Kenya Revenue Authority (KRA) has tightened its approach to taxing fringe benefits...
Why Microfinance Institutions in Kenya Are Struggling—and How Audit Services Can Help

Why Microfinance Institutions in Kenya Are Struggling—and How Audit Services Can Help

by Auditor | Nov 3, 2025 | Aura & Company Audit Firm

Microfinance institutions (MFIs) in Kenya are a cornerstone of financial inclusion, providing critical credit access to small businesses, women entrepreneurs, and low-income households that often lack access to traditional banking. However, many microfinance...
The Future of Audit in Kenya: Building Trust, Insight, and Impact

The Future of Audit in Kenya: Building Trust, Insight, and Impact

by Auditor | Oct 29, 2025 | Aura & Company Audit Firm

The Future of Audit in Kenya: Building Trust, Insight, and Impact By Paul Wanjala, Audit Senior Aura & Co. The audit profession in Kenya is undergoing one of its most transformative periods yet. What was once seen primarily as a statutory compliance exercise is...
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