Why KRA will be spying on M-Pesa data and Online payments
President William Ruto's government is planning to integrate the Kenya Revenue Authority's tax system with M-Pesa and other online payments as it targets Sh3 trillion next financial year.
- • In order to achieve this, the government will undertake a combination of both tax administrative and tax policy reforms, the National Treasury said in the policy statement issued Wednesday.
- • In the ambitious plan, KRA seeks to reduce the Value Added Tax (VAT) gap from 38.9 per cent to 19.8 per cent.