BUSINESS TECHNOLOGY MEDIA FOR AFRICA

Electronic system to boost Kenyan tax collection

Electronic system to boost Kenyan tax collection
By Vincent Matinde
15 Jan 2014

All taxpayers in Kenya are expected to file returns via electronic service ‘iTax’ by June this year, says the Kenya Revenue Authority (KRA).

KRA commissioner general John Njiraini said this move is intended to enhance efficiency in the process.

“Part of the reasons why we have been cited as not efficient, in terms of doing business especially in the areas of paying taxes, is because of manual processes,” he said while presenting the authority’s revenue collection report.

“We have a system that we know is best practice, international standard, capable and tested, and we intend to use it,” he added.

The electronic payment of tax for large and medium companies came into effect on January 1 this year and other smaller companies will be enveloped into the system during the course of this year.

Recommended

The system is planned to make it easy for employees and employers to remit and get a good glimpse of their tax situation from a personal computer or mobile phone.

Share




ITWeb proudly displays the “FAIR” stamp of the Press Council of South Africa, indicating our commitment to adhere to the Code of Ethics for Print and online media which prescribes that our reportage is truthful, accurate and fair. Should you wish to lodge a complaint about our news coverage, please lodge a complaint on the Press Council’s website, www.presscouncil.org.za or email the complaint to enquiries@ombudsman.org.za. Contact the Press Council on 011 484 3612.
Copyright @ 1996 - 2025 ITWeb Limited. All rights reserved.