68 KRA staff in the soup if Haji okays probe findings
By Lennox Sengre More than 68 Kenya Revenue Authority (KRA) staff might face prosecution over abetting bribery and tax evasion if the chief prosecutor gives the nod after perusing reports from investigators. State prosecutor Alexander Muteti told Justice Luka Kimaru that they have received 16 files from sleuths showing investigations on 68 KRA staff were […]
Lamu West MP charged with tax evasion, released on bail
By Timothy Simwa in Eldoret Lamu West Member of Parliament Stanley Muthama was Monday arraigned before Eldoret Chief Magistrate Charles Obulutsa to answer 13 counts of charges relating to tax evasion. Muthama, who was charged with others not before court, denied all the charges against his Stansha Limited Company of defrauding Kenya Revenue Authority (KRA) […]
Betting firms, KRA lock horns over move to impose 20% levy on winnings
Betting firms are up in arms with the Kenya Revenue Authority (KRA) over the move to impose 20 per cent withholding tax on all cash a punter wins including their stakes. The reaction comes even as gamers were dealt yet another blow after Treasury Cabinet Secretary Henry Rotich introduced excise duty on betting activities at […]
Sh1.1tr to be spent on loans repayment
The next financial year Sh3.08 trillion budget will be 2.3 per cent lower than the 2018/19 one as a result of reduced allocation to the Consolidated Fund from Sh870.6 billion to Sh805.8 billion. According to the estimates presented to Parliament, 61 per cent of the taxes will go to debt repayment from July as Sh1.1 […]