How to File KRA Returns for Students

Hey there! Are you a student in Kenya grappling with the task of filing your Kenya Revenue Authority (KRA) tax returns? Worry not, because today, we’re going to break down this process into simple, easy-to-follow steps. So, buckle up and let’s get started!

Getting a Grip on the Basics

Before we dive in, let’s get a grasp of what KRA returns are all about. The KRA is Kenya’s tax body, and it requires all registered taxpayers to submit their returns annually. This might sound intimidating, but it’s simply a way of declaring your income, expenses, and the taxes you’ve paid to the government in the financial year.

Who Needs to File These Returns?

Here’s the kicker: every Kenyan with a KRA Personal Identification Number (PIN) needs to file returns, regardless of whether they’ve earned an income during the year or not. So, as a student, if you have a KRA PIN for any reason (like applying for a HELB loan), you need to file your returns too.

Preparing to File Your Returns

Now that we’ve covered who needs to file KRA returns, let’s look at how to go about it. You’ll need a couple of things:

  1. Your KRA PIN: This is your unique identifier in the KRA database. If you don’t have one, you can apply for it on the iTax website.
  2. iTax password: This is the password you created when registering for your PIN. If you’ve forgotten it, don’t panic! You can always reset it on the iTax portal.
  3. Internet connection: You’ll need this to access the iTax portal and complete the process.

Navigating the iTax Portal

Now that we’ve got our requirements sorted, it’s time to navigate the iTax portal:

  1. Visit the iTax portal: Head over to the iTax website and enter your KRA PIN, then your password.
  2. Access your account: Once you’ve successfully logged in, you should see your iTax dashboard.
  3. Go to returns: Click on the ‘Returns’ menu, then ‘File Return’.

Filing Nil Returns

As a student, chances are you didn’t have any taxable income in the past year. In this case, you’ll be filing nil returns. Here’s how:

Filing Nil Returns Step-by-Step

  1. After clicking ‘File Return’, select the ‘Nil Return’ option.
  2. Choose the tax obligation (Income Tax – Resident Individual) and the return period.
  3. Click ‘Submit’. You’ll receive an acknowledgement receipt, which is your proof of filing your returns. Download and save this for your records.

Conclusion

That wasn’t so hard, was it? Remember, filing your KRA returns is not only a legal requirement but also an essential part of being a responsible citizen. Don’t wait until the last minute to do it. Avoid the rush and potential penalties for late submission. Happy filing!

Always remember that this guide is here to help you navigate the process. However, tax matters can sometimes be complex, and individual circumstances can vary. When in doubt, don’t hesitate to seek professional advice or contact the KRA for help.



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