KRA To Install New Electronic Tax Registers At Business Premises

    The Taxman is leaving no stone un turned this time round as plans are in high gear to install tax registers at very business premises giving it real time access to invoices issued by traders.

    This means high-tech war against tax cheats. KRA will now ask traders, manufacturers and suppliers to deploy new Internet-enabled electronic tax registers that allows Kenya revenue authority to track how businesses conduct their invoicing at every turn of a transaction in real time.

    The new electronic tax registers will be connected through the Internet to KRA’s systems allowing it to monitor all transactions in the traders’ Point of Sale and invoicing systems.

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