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KRA wants access to bank accounts without court order
mlennyma
#31 Posted : Thursday, April 21, 2016 12:58:37 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Swenani wrote:
Minimal progres being realized

Quote:
he target is 100,000 landlords paying taxes by the end of the next fiscal year with the intention to raise at least Sh1 billion in real estate-related taxes.

“There are at least 1,000 landlords who have taken up the amnesty that we gave to declare and pay up tax. We are expecting many more will come forward especially as we approach the deadline in June,” said Mr Njiraini.

As of now, there are a total of 13,000 landlords who are paying tax, including the 1,000 who have been recruited in recent months.

there will be alot of hide and seek game on this front,rent will be paid on mpesa if they succeed in the bank thing....and especially because of the anger on how taxes are mis-used in kenya
"Don't let the fear of losing be greater than the excitement of winning."
rryyzz
#32 Posted : Thursday, April 21, 2016 4:44:41 PM
Rank: Member

Joined: 5/19/2012
Posts: 552
mlennyma wrote:
Swenani wrote:
Minimal progres being realized

Quote:
he target is 100,000 landlords paying taxes by the end of the next fiscal year with the intention to raise at least Sh1 billion in real estate-related taxes.

“There are at least 1,000 landlords who have taken up the amnesty that we gave to declare and pay up tax. We are expecting many more will come forward especially as we approach the deadline in June,” said Mr Njiraini.

As of now, there are a total of 13,000 landlords who are paying tax, including the 1,000 who have been recruited in recent months.

there will be alot of hide and seek game on this front,rent will be paid on mpesa if they succeed in the bank thing....and especially because of the anger on how taxes are mis-used in kenya

Mpesa transactions have not been left behind. KRA working with Safaricom and Equity on the off bank transactions.
Too often we underestimate the power of a touch, a smile, a kind word, a listening ear, an honest compliment, or the smallest act of caring, all of which have the potential to turn a life around.... Leo Buscaglia
Ash Ock
#33 Posted : Thursday, June 16, 2016 11:40:09 AM
Rank: Member

Joined: 8/27/2010
Posts: 495
Location: Nairobi
Safaricom rejects KRA bid for free access to taxpayers M-Pesa accounts

Extract:

Quote:
Safaricom said it will not give the Kenya Revenue Authority (KRA) customer data unless laws touching on confidentiality are changed to allow the mining of such information.

The KRA is seeking to gain unrestricted access to taxpayers’ bank and mobile money accounts as part of the efforts to catch tax cheats and improve revenue collection as its targets continue to rise.

“As you are aware, the Constitution of Kenya restricts access to confidential customer information,” Stephen Chege, Safaricom’s corporate affairs director, told the Business Daily in an email response.

“Other laws such as the National Payment Systems Act and the regulations thereunder — which govern M-Pesa — also restrict access to such information unless by a court order.”

Treasury secretary Henry Rotich has, through the Finance Bill 2016, amended a section of the Tax Procedures Act (TPA), laying the ground for KRA’s wish to be granted.
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