KRA starts installing new VAT system to catch tax cheats

Kenya Revenue Authority employee assists a client to file tax returns at the Nyeri regional office. [File, Standard]

Kenya Revenue Authority (KRA) expects traders to migrate to a new electronic register that captures and sends to the taxman all transactions, especially invoices, in real-time.

This has thrown traders into a fit of anxiety with many of them yet to comply with the strict requirements from the taxman.