Boost for KRA as new system aims to net tax cheats
Dejavu Technologies Ltd ICT Technician Tony Mutune explains how a new model of Electronic Tax Register (ETR) machine works during the interview at his office in Nairobi on October 17, 2021.
The new machine has passed several tests set by KRA and now awaits licensing if it passes final test phases.
The new system is also bound to ease processes of filing taxes for businesses.
Kenya has an opportunity to widen its tax base extensively, if the innovation of a new machine that enables automatic reporting of taxes by businesses to the Kenya Revenue Authority (KRA) by a local technology firm, is adopted.
The new model Electronic Tax Register (ETR) innovation by Dejavu Technologies Ltd, which transmits information such as sales businesses make, products sold and relevant payable tax to KRA real time, is a response to calls by KRA for businesses to adopt Tax Invoice Management System (Tims) as an advancement to the ETR system.