Why KRA is targeting small traders over M-Pesa transactions
Originally published by People Daily — Read the original article →
Kenyan small-scale traders could face closer tax scrutiny as the Kenya Revenue Authority (KRA) plans to use commercial financial data, including M-Pesa Till Numbers and Pochi la Biashara transactions, to identify undeclared business income. The proposed checks will compare available financial records with tax returns to identify businesses that may be underreporting income or failing […]