The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
KRA will be required to raise value-added tax (VAT) collections by fully rolling out a new electronic Tax Invoice Management System (eTIMS). [iStockphoto]
The government has laid out plans to plug loopholes that allow individuals and firms to evade paying taxes.
The elaborate plan was revealed by Treasury in its recent budget document for the 2023-24 financial year that starts in July.
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