How To Make Advance Tax Payment via Bank

Learn How To Make Advance Tax Payment via Bank online today at Cyber.co.ke Portal. Get to know how to do Advance Tax Payment today.

In this second part of our two part series blog post, I am going to share with you the steps involved in making the Advance Tax Payment via Bank. You can refer to our previous post whereby I shared with you How To Generate Advance Tax Payment Slip using iTax. The post laid down the foundation for the process of Advance Tax Payment in Kenya.

There are two modes that you can use to make Advance Tax Payment in Kenya. One you can use Mobile Money Service i.e M-Pesa and the other option is that you can use Bank. This post will be focusing on how to do Advance Tax Payment using a Bank

Main Challenge That Arises From Paying Advance Tax With M-Pesa

advance tax payment using mpesa paybill
[ Sometimes the KRA M-Pesa Payments Experiences Downtime ]
Many people might ask, why can’t I make make the payment for Advance Tax using mobile service like M-Pesa. Well the option is also viable to use. But it has a very common challenge. The major challenge that you might experience while trying to make payment to KRA using the paybill number 572572 is as shown below:

“Transaction failed, M-PESA cannot complete payment of Ksh. 10,080.00 to Kenya Revenue Authority. Organization receiving the payment is unavailable, try again later.”

Basically the above message can be very frustrating when you are trying to make KRA Payment. If you are getting the above message when trying to make KRA Payments using M-Pesa just know that KRA is experiencing a downtime with Mpesa Payments and their recommendation at that point is that you make the payment via a Bank.

Some people might argue that they use the Paybill because trips to the bank are usually not so convenient because of bank queues. But let’s just stick to the old school (old is gold) and use a Bank instead to make the Advance Tax Payment.

Now that we have that challenge raised and hopefully addressed, we can now get down to the nitty gritty of How To Make Advance Tax Payment via Bank.

How To Make Advance Tax Payment via Bank

kra authorized banks
[ Make KRA Advance Tax Payment at the KRA Partner Banks in Kenya ]
First and fore most we need to know that banks in Kenya that we can use to make KRA Advance Tax Payment. These are the Banks authorized by KRA to receive Advance Tax Payments. 

  • Bank of Africa
  • Bank of India
  • Equity Bank
  • I&M Bank
  • Sidian Bank
  • Trans National Bank
  • Standard Chartered Bank
  • UBA Bank
  • Commercial Bank of Africa
  • Kenya Commercial Bank
  • National Bank of Kenya
  • SBM Bank
  • Barclays Bank
  • EcoBank
  • Habib AG Zurich Bank
  • PostBank
  • Stanbic Bank
  • GT Bank
  • Oriental Commercial Bank
  • Bank of Baroda
  • Diamond Trust Bank
  • Citibank
  • ABC Bank
  • Consolidated Bank
  • Co-operative Bank
  • Credit Bank
  • Family Bank
  • First Community Bank
  • Gulf African Bank
  • Guardian Bank

You can make your KRA Advance Tax Payments using either one of the authorized banks in Kenya. Now lets gets into the steps of making KRA Advance Tax Payment using a Bank.

Step 1: Identify Bank from the Authorized Banks List

chose a bank in kenya
[ Choose the Bank you want to use in make Advance Tax Payment ]
The first step is in identifying the bank you will use to make the KRA Advance tax payment. If you are in a hurry and hate long queues in those “big banks (A)” you should choose the “small banks (B)“. You know what I mean here. As long as the payment will be recieved by KRA you are good to go.

Step 2: Fill the Customer Transaction Slip and the Advance Tax Payment Slip at the Bank

fill customer transaction slip
[ Fill in the forms for Advance Tax Payment at the Bank ]
Most Banks in Kenya require you to fill the Customer Transaction Slip. In the transaction slip you will mostly fill the bank branch, account number and account name. Also note that in most cases you will fill fill the Advance Tax Payment slip i.e page number 2 where you have: Paid in by, contact number, date and signature.

Step 3: Present the Customer Transaction Slip and Advance Tax Payment Slip to the Cashier

present the advance tax amount to the cashier
[ Present transaction slips and cash to the Cashier at the Bank ]
Next is to take the customer transaction slip and the Advance Tax Payment Slip to cashier for payment processing. At this stage is whereby you give out the cash payment to the cashier in our case the Kshs. 10,080. 

Step 4: KRA e-Tax Payment Receipt

advance tax payment receipt
[ Get the KRA e-Tax Payment Receipt upon successful payment of Advance Tax at the Bank ]
In the last step, you will be issued with the e-Tax Payment Receipt which is duly stamped. Also note the Advance Tax Payment Slip will also be stamped. You will note the following on the e-tax payment receipt. The receipt might vary depending on the bank you use. 

  • Eslip Number / Payment Registration Number: (as displayed on the Advance Tax Payment Slip)
  • Taxpayer PIN: (the KRA PIN number taxpayer who is paying the Advance Tax)
  • Total Tax Amount: (the amount of Advance Tax payable to KRA)
  • Taxpayer Name: (the person who is paying the Advance Tax)
  • Branch Name: (the bank branch where payment is being made from)
  • Payment Date: (the date the Advance Tax was paid)
  • Payment Mode: (the mode of payment of the Advance Tax i.e cash)
  • Remitter Name: (the nameof the person depositing the Advance Tax amount)
  • Receipt Number: (receipt number generated from the bank for the Advance Tax payment)

And those are the four mains steps that are involved in making Advance Tax Payment using a Bank in Kenya. And those are the steps that you will use in making the vehicle Advance Tax payment in Kenya via any of the KRA partner banks in Kenya.


ARE YOU LOOKING FOR KRA SERVICES IN KENYA? SUBMIT YOUR REQUEST ONLINE FOR KRA INDIVIDUAL SERVICES, KRA NON INDIVIDUAL SERVICES AND KRA RETURNS SERVICES WITH EASE. GET STARTED NOW!


SUBMIT YOUR REQUEST ONLINE FOR KRA INDIVIDUAL SERVICES USING CYBER.CO.KE



KRA PIN REGISTRATION

Are you looking to Register and get a New KRA PIN Number? We are here and ready to assist you with Registration of KRA PIN Number. Fill and submit your request online for KRA PIN Registration.


KRA PIN RETRIEVAL

Are you looking to Retrieve and get a Lost KRA PIN Certificate? We are here and ready to assist you with Retrieval of KRA PIN Certificate. Fill and submit your request online for KRA PIN Retrieval.


KRA PIN UPDATE

Are you looking to Update an Old KRA PIN Number on iTax (KRA Portal)? We are here and ready to assist you with Update of KRA PIN Number. Fill and submit your request online for KRA PIN Update.


KRA PIN CHANGE OF EMAIL ADDRESS

Are you looking to Change the Email Address linked to KRA PIN Number on iTax? We are here and ready to assist you. Fill and submit your request online for KRA PIN Change of Email Address.


REFUGEE KRA PIN REGISTRATION

Are you looking to Register KRA PIN Number for Refugee? We are here and ready to assist you. Fill and submit your request online for Refugee KRA PIN Registration.


FOREIGNER KRA PIN REGISTRATION

Are you looking to Register KRA PIN Number for Foreigner? We are here and ready to assist you. Fill and submit your request online for Foreigner KRA PIN Registration.


SUBMIT YOUR REQUEST ONLINE FOR KRA NON INDIVIDUAL SERVICES USING CYBER.CO.KE



SELF HELP GROUP (SHG) KRA PIN REGISTRATION

Are you looking to Register Self Help Group (SHG) KRA PIN Number? We are here and ready to assist you with Registration of Self Help Group (SHG) KRA PIN Number. Fill and submit your request online for Self Help Group (SHG) KRA PIN Registration.


COMPANY KRA PIN REGISTRATION

Are you looking to Register Company KRA PIN Number? We are here and ready to assist you with Registration of Company KRA PIN Number. Fill and submit your request online for Company KRA PIN Registration.


PARTNERSHIP KRA PIN REGISTRATION

Are you looking to Register Partnership KRA PIN Number? We are here and ready to assist you with Registration of Partnership KRA PIN Number. Fill and submit your request online for Partnership KRA PIN Registration.


SOCIETY KRA PIN REGISTRATION

Are you looking to Register Society KRA PIN Number? We are here and ready to assist you with Registration of Society KRA PIN Number. Fill and submit your request online for Society KRA PIN Registration.


ASSOCIATION KRA PIN REGISTRATION

Are you looking to Register Association KRA PIN Number? We are here and ready to assist you with Registration of Association KRA PIN Number. Fill and submit your request online for Association KRA PIN Registration.


NGO KRA PIN REGISTRATION

Are you looking to Register NGO KRA PIN Number? We are here and ready to assist you with Registration of NGO KRA PIN Number. Fill and submit your request online for NGO KRA PIN Registration.


SUBMIT YOUR REQUEST ONLINE FOR KRA RETURNS SERVICES USING CYBER.CO.KE



KRA NIL RETURNS FILING

Are you looking to file KRA Nil Returns? We are here and ready to assist you with Filing of KRA Nil Returns. Fill and submit your request online for KRA Nil Returns Filing.


KRA EMPLOYMENT RETURNS FILING

Are you looking to file KRA Employment Returns? We are here and ready to assist you with Filing of KRA Employment Returns. Fill and submit your request online for KRA Employment Returns Filing.


TURNOVER TAX (TOT) RETURNS FILING

Are you looking to file Turnover Tax (TOT) Returns? We are here and ready to assist you with Filing of Turnover Tax (TOT) Returns. Fill and submit your request online for Turnover Tax (TOT) Returns Filing.


MONTHLY RENTAL INCOME (MRI) RETURNS FILING

Are you looking to file Monthly Rental Income (MRI) Returns? We are here and ready to assist you with Filing of Monthly Rental Income (MRI) Returns. Fill and submit your request online for Monthly Rental Income (MRI) Returns Filing.


PAY AS YOU EARN (PAYE) RETURNS FILING

Are you looking to file Pay As You Earn (PAYE) Returns? We are here and ready to assist you with Filing of Pay As You Earn (PAYE) Returns. Fill and submit your request online for Pay As You Earn (PAYE) Returns Filing.


VALUE ADDED TAX (VAT) RETURNS FILING

Are you looking to file Value Added Tax (VAT) Returns? We are here and ready to assist you with Filing of Value Added Tax (VAT) Returns. Fill and submit your request online for Value Added Tax (VAT) Returns Filing.