e-TIMS

What is e-TIMS?

The current Tax Invoice Management System (TIMS) is a device-based solution i.e. a VAT Registered business requires an Electronic Tax Register (ETR) machine or a control unit to be integrated with their billing system to transmit invoices. eTIMS is an upgrade of TIMS offering a software solution which provides technological convenience to meet taxpayers’ compliance needs. eTIMS will be accessed through various electronic devices including computers and mobile phone Apps, making it more convenient, user-friendly and flexible for businesses to use.

eTIMS - Simplicity, Convenience and Flexibility

I just bought an upgraded ETR device. What happens to it?

For those with the TIMS ETR devices – the devices will continue to be in use until advised to migrate fully into eTIMS.  Roll-out of eTIMS will be done through a phased approach. As such, there will be continuous engagements with taxpayers throughout the implementation.

What do I stand to benefit by adopting eTIMS?

The objective of eTIMS is to reduce the cost of compliance for VAT registered businesses. Through integration with eTIMS businesses will benefit from real time invoice transmission providing accuracy in tax invoice declarations and reconciliation between filed returns and payments. This will also eliminate the need for multiple hardware purchases.

Who should use eTIMS?
  • VAT registered taxpayers who are yet to be onboarded and are facing challenges integrating with TIMS ETR devices.
  • Taxpayers dealing in bulk invoicing and facing capacity/performance issues with invoice transmission.
  • VAT registered taxpayers facing challenges integrating with TIMS ETR devices.

Kenya Mortgage Refinance Company Plc (KMRC)

Mortagage Finance

27th Floor, UAP Old Mutual Tower, Upperhill Road, Upperhill, Nairobi.

Kenya Deposit Insurance Corporation (KDIC )

Regulator

17th Floor UAP Old Mutual Towers, Upper hill P.O. Box 45983-00100,Nairobi, Kenya.

Insurance Regulatory Authority (IRA)

Regulator

Insurance Regulatory Authority (IRA) P.O BOX 43505 - 00100 NAIROBI Zep- Re Place Longonot Road - Upper Hill, Nairobi Complain: complaints@ira.go.ke Website: http://www.ira.go.ke

Retirement Benefits Authority (RBA)

Regulator

Retirement Benefits Authority Rahimtulla Tower, 13th Floor, Upper Hill Road, Opp UK High Commission. P.O. Box 57733 - 00200 Nairobi, Kenya.

Kenya School of Monetary Studies (KSMS)

Regulator

Kenya School of Monetary Studies, Mathare North Road, Off Thika Super Highway (exit 6). P.O. Box 65041-00618 Nairobi, Kenya.

Unclaimed Financial Assets Authority (UFAA)

Regulator

Address: Pacis Centre, 2nd Floor, Slip Road, Off Waiyaki Way, Westlands, Nairobi P.O Box : 28235-00200, Nairobi Kenya

Kenya Bankers Association (KBA)

Regulator

Address Kenya Bankers Association 13th Floor, International House Mama Ngina Street P.O.Box 73100 - 00200 Nairobi Kenya

Central Bank of Kenya (CBK)

Regulator

P.O Box 60000 – 00200, Nairobi, Kenya Website : https://www.centralbank.go.ke/ Governor : Dr Patrick Njoroge

Nairobi Stock Exchange (NSE)

Regulator

55 Westlands Road, P O Box 43633 00100 Nairobi KENYA PHONE: +254 20 2831000 / +254 (020) 222 4200 FAX: +254 20 2224200 MOBILE: +254 0733 222 007 WEBSITE: http://www.nse.co.ke

Central Depository & Settlement Corporation (CDSC)

Regulator

Nation Center, 10TH Floor, Kimathi Street P.O. BOX 3464-00100 GPO Nairobi Kenya +254 (020) 2912000 (0724) 256130 / (0733) 222033

Capital Markets Authority (CMA)

Regulator

Tel: +254 20 2264000/ 2264900 / 2221869 Cell: +254 722 207767 | Website: www.cma.or.ke

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