The new system grants the taxman real-time access to invoices. It also means businesses will not use suppliers who do not have a Tax Invoice Management System (TIMS) machine.
The Finance Bill 2023 is seeking to impose daily remittance of excise duty on firms with a history of falsifying actual sales through self-declaration.
The Kenya Revenue Authority (KRA) has flagged mobile telecom operators for possible under-declaration of airtime, Internet and mobile money transaction sales.