The Government of Kenya, through KRA, is trying to deal loopholes that motivate tax evasion.
From the political spectrum, President William Ruto has accused political bigwigs over their tendency of dodging the taxation net.
Kenya Revenue Authority (KRA) recently launched a software with the ability to collect transaction data from individuals, traders and companies on real-time basis.
In its attempt to broaden the taxation bracket and tighten tax cheats, KRA will rely on the 24-hour spying system.
The roll-out of the spying system come days after the suspension of tax reliefs and the desire to revamp tax exemption procedures.
The suspension of tax exemption sparked controversy on the fate of People Living with Disabilities (PWDs) and low income earners.
KRA defended its decision to rely on technology, amidst concern of data privacy, in her attempt to facilitate a seamless revenue collection process.
According to KRA, "the Tax Invoice Management System will improve the efficiency of transmitting electronic invoices to KRA on a real-time basis."
The options available include an online portal, a mobile application, and an app that ensures integration with existing billing systems.
KRA added that: "The online portal will enable Tax Payers to issue tax invoices and have them transmitted to KRA in real-time."
Whereas, "the mobile application will run on mobile phones and provide another avenue for issuing tax invoices. Additionally, an application will be available to facilitate integration with businesses that prefer to continue using their existing billing systems."
Ultimate guide in filing your tax returns on KRA online portal
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