The Kenya Revenue Authority (KRA) has been allocated additional Sh2 billion to hire 1,000 intelligence and enforcement officers who will identify and arrest wealthy tax cheats.
The move will see a huge crackdown on high-net- worth individuals who evade tax.
According to a report by the Business Daily Parliament Budget and Appropriations committee on Tuesday evening asked the Treasury to provide an additional Sh2 billion to enable KRA hire more employees.
The additional employees will be tasked with investigating rich people’s source of income and their expenditure against their tax remittances.
This will include doing intelligence reports to seek recovery of unpaid taxes with the aim to raise KRA’s target to Sh50billion in the period ending June next year.
The employees will also be required to do analysis of companies’ financial dealings including the firms doing business with the government and counties to uncover any tax evasion by matching their payments and income declared to KRA.
“Increase Sh2 billion to the Kenya Revenue Authority budget for recruitment of an additional 1,000 officers countrywide in order to generate an additional Sh50 billion in revenue in support of the achievement of this year’s revenue targets,” said the National Assembly committee.
