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Taxman enhances electronic goods control to boost revenue

Published on September 24, 2015

The Kenya Revenue Authority aims to fully automate its goods clearance and cargo tracking systems within two years as part of a strategy to seal revenue loopholes.

The country losses substantial revenue through suspected under-declaration of the value of exports or theft of cargo at a time when the taxman is under pressure to meet collection targets.

KRA targets a 100 per cent coverage of goods under electronic control by 2017/2018 from a current baseline of 23 per cent, a strategic plan released last Friday by commissioner-general John Njiraini showed.

“We are keen on enabling business by leveraging technology to achieve full electronic service leading to enhanced operational efficiency and high customer satisfaction,” Mr Njiraini said. Read more. Source | Business Daily