News
KRA To Suspend More Betting Paybills In New Tax Row
The Kenya Revenue Authority (KRA) is now going after gambling firms in a fresh tax row, the taxman has now threatened to turn off their pay bill numbers over failure to deduct and submit a 20 pc tax on stakes despite a running court battle.
“We will suspend the pay bill numbers and online operations of non-compliant bookmakers,” the taxman said in a public notice published Tuesday, also said it would suspend online operations of the non-compliant managers of betting firms, in a move that promises a repeat of last year’s showdown that saw Sportpesa and Betin Kenya leave the Kenyan market.
The Finance Act 2019 introduced excise tax on stakes placed on the gambling sites in a new directive that also required gaming companies to display the same deductions on betting slips. KRA also imposed a 20 pc withholding tax on all winnings on compliant betting firms from last July.
Four gambling enthusiasts moved to court seeking a declaration that some sections of the Finance Act, 2019 on taxation are unconstitutional. Through lawyer Cecil Miller, the punters sought orders restraining KRA from collecting the 20 pc excise duty introduced by section 23 of the Act.
Justice Weldon Korir declined to suspend the law but directed all the parties, including the Attorney-General, Cabinet Secretary for Finance and KRA to file their responses and submissions ahead of the hearing on March 20th.
Kenya Insights allows guest blogging, if you want to be published on Kenya’s most authoritative and accurate blog, have an expose, news TIPS, story angles, human interest stories, drop us an email on [email protected] or via Telegram
Manager Flees Safaricom-Linked Sacco As Fears Of Investors Losing Savings Becomes Imminent
Rwanda Closes Thousands of Evangelical Churches
Woman Accused in High Defamation Blames AI As Case Exposes How Mombasa Billionaire Mohamed Jaffer Allegedly Sponsored Smear Campaign Linking Joho’s Family To Drug Trafficking
Fears of Fallout As ODM Gives Ruto Fresh Demands For 2027 Support
It’s a Carbon Trading Firm: What Kenyans Need to Know About Spiro’s Business Model Amid Damning Allegations of Predatory Lending
Intelligence Report Links Budding Politician James Mabele Magio To International Scammers Ring
DCI Raids Nairobi Bar Jirongo Visited Hours Before Fatal Crash
Disgraced Oil Trader Idris Taha Sneaks Into Juba as Empire Crumbles
Joshua Knocks Out Paul in Netflix Bout
‘They’re Criminals,’ Popular Radio Presenter Rapcha The Sayantist Accuses Electric Bike Firm Spiro of Fraudulent Practices
Money Bior, Lawyer Stephen Ndeda Among 18 Accused Of Running An International Fraud Ring Involved With Scamming American Investor Sh500 Million
Nestlé Accused of Risking Babies’ Health in Africa with ‘Toxic’ Cerelac Product Sold Highest in Kenya
‘They’re Criminals,’ Popular Radio Presenter Rapcha The Sayantist Accuses Electric Bike Firm Spiro of Fraudulent Practices
How Land Grabbing Cartels Have Captured Ardhi House
It’s a Carbon Trading Firm: What Kenyans Need to Know About Spiro’s Business Model Amid Damning Allegations of Predatory Lending
Manager Flees Safaricom-Linked Sacco As Fears Of Investors Losing Savings Becomes Imminent
Temporary Reprieve As Mohamed Jaffer Wins Mombasa Land Compensation Despite Losing LPG Monopoly and Bitter Fallout With Johos
48-Year-Old Woman Who Pushed 25-Year-Old Boyfriend To Death From 14th Floor Kilimani Apartment Arrested
Disgraced Kuscco Boss Arnold Munene Moves To Gag Media After Expose Linking Him To Alleged Sh1.7 Billion Fraud
From Daily Bribes to Billions Frozen: The Jambopay Empire Crumbles as CEO Danson Muchemi’s Scandal-Plagued Past Catches Up
-
Business1 week ago‘They’re Criminals,’ Popular Radio Presenter Rapcha The Sayantist Accuses Electric Bike Firm Spiro of Fraudulent Practices
-
Business6 days agoIt’s a Carbon Trading Firm: What Kenyans Need to Know About Spiro’s Business Model Amid Damning Allegations of Predatory Lending
-
Business5 days agoManager Flees Safaricom-Linked Sacco As Fears Of Investors Losing Savings Becomes Imminent
-
News2 weeks agoTemporary Reprieve As Mohamed Jaffer Wins Mombasa Land Compensation Despite Losing LPG Monopoly and Bitter Fallout With Johos
-
Investigations1 week agoDisgraced Kuscco Boss Arnold Munene Moves To Gag Media After Expose Linking Him To Alleged Sh1.7 Billion Fraud
-
Investigations2 weeks agoFrom Daily Bribes to Billions Frozen: The Jambopay Empire Crumbles as CEO Danson Muchemi’s Scandal-Plagued Past Catches Up
-
News6 days agoWoman Accused in High Defamation Blames AI As Case Exposes How Mombasa Billionaire Mohamed Jaffer Allegedly Sponsored Smear Campaign Linking Joho’s Family To Drug Trafficking
-
Africa1 week agoDisgraced Oil Trader Idris Taha Sneaks Into Juba as Empire Crumbles