Close Menu
News HubNews Hub
  • Home
  • General News
  • Breaking News
  • Trending
  • Business
  • Entertainment
  • Politics
  • Health
  • Celebrities
  • Economy
  • Sports
Trending Now

Ruto Launched a Project in Foreign Land Where the President of that Country has no Idea,,Says She Never Approved “Ni aibu kubwa”

May 5, 2026

Employers Explain How Salary Adjustments Will Be Applied After Ruto’s Wage Directive

May 5, 2026

CS Ogamba on the Spot Over Mass Grade 10 Dropouts

May 5, 2026

List of Benefits Uhuru Stands to Lose If Cherargei’s Motion Passes

May 5, 2026

Indicative Quote: Meaning, How It Works, and Example

May 4, 2026

How Leverage Works in the Forex Market

May 4, 2026

How to Use Leverage in Forex Trading

May 4, 2026

Personal Loans for Self-Employed Individuals

May 4, 2026

Understanding Decentralized Finance (DeFi): How It Works and Why It Matters

May 4, 2026

Using DeFi Protocols for Quick Loans

May 4, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
News HubNews Hub
WhatsApp Facebook Advertise With Us
  • Home
  • General News
  • Breaking News
  • Trending
  • Business
  • Entertainment
  • Politics
  • Health
  • Celebrities
  • Economy
  • Sports
News HubNews Hub
Breaking News

KRA Denies Accessing M-PESA or Bank Accounts, Explains New VAT Plan

Journalist BenedictBy Journalist BenedictJuly 29, 2025No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The Kenya Revenue Authority (KRA) has responded to growing public anxiety by clarifying that it is not trying to access Kenyans’ personal M-PESA or bank accounts.

Speaking on Tuesday, July 29, during an interview on NTV’s Fixing the Nation, KRA Chairman Ndiritu Muriithi addressed the widespread confusion, assuring Kenyans that the new tax technology reforms had been misunderstood.

Muriithi emphasized that the authority has no interest in peeking into private bank accounts or mobile wallets. “We are not targeting mobile wallets. We are not going after bank accounts. KRA is not looking to access your personal funds,” he firmly stated.

The clarification came after several reports had caused alarm among Kenyans, suggesting that KRA planned to monitor people’s bank and mobile money transactions.

These concerns were mostly centered around privacy issues and fears that the government would begin spying on how individuals manage their money.

However, Muriithi cleared the air, explaining that the tax body’s focus is not on people’s financial habits or balances, but rather on how businesses handle transaction-level data.

He used a restaurant as an example to explain the system. “When you eat at a restaurant and pay your bill, that bill includes VAT. Normally, the business owner is expected to collect that VAT and send it to KRA.

But with new technology, why not deduct the 16% VAT automatically at the point of payment?” Muriithi posed.

He said the new system would ensure that the VAT owed to KRA goes directly to the authority during the transaction, instead of relying on business owners to declare and remit it later — a process that often leads to tax evasion or delays.

The chairman explained that this automation is not new and is already being successfully used in sectors like betting. He noted that betting companies had previously struggled with taxation on winnings, but the problem was solved by deducting tax at the source before payouts are made.

“Now it’s easier for everyone. The tax is handled upfront, and people get their net winnings without delays or disputes,” he explained.

Muriithi reassured the public that these changes are not designed to intrude on individual financial privacy but are simply aimed at improving tax compliance from businesses. He acknowledged that people are concerned, especially when it comes to digital tools and government access, but urged Kenyans not to worry.

“Our goal is to improve tax collection in a way that is efficient and fair. We’re not here to snoop on your bank accounts or your M-PESA. We’re only making the system smarter, not more invasive,” Muriithi concluded.

Join Gen Z New WhatsApp Channel To Stay Updated On time https://whatsapp.com/channel/0029VaWT5gSGufImU8R0DO30

Follow on WhatsApp Follow on Facebook
Share. WhatsApp Facebook Twitter LinkedIn Email Copy Link
Journalist Benedict

Related Posts

Ruto Launched a Project in Foreign Land Where the President of that Country has no Idea,,Says She Never Approved “Ni aibu kubwa”

May 5, 2026

Employers Explain How Salary Adjustments Will Be Applied After Ruto’s Wage Directive

May 5, 2026

CS Ogamba on the Spot Over Mass Grade 10 Dropouts

May 5, 2026

List of Benefits Uhuru Stands to Lose If Cherargei’s Motion Passes

May 5, 2026

Indicative Quote: Meaning, How It Works, and Example

May 4, 2026

How Leverage Works in the Forex Market

May 4, 2026
Leave A Reply Cancel Reply

Recent News

Ruto Launched a Project in Foreign Land Where the President of that Country has no Idea,,Says She Never Approved “Ni aibu kubwa”

May 5, 2026

Employers Explain How Salary Adjustments Will Be Applied After Ruto’s Wage Directive

May 5, 2026

CS Ogamba on the Spot Over Mass Grade 10 Dropouts

May 5, 2026

List of Benefits Uhuru Stands to Lose If Cherargei’s Motion Passes

May 5, 2026

Indicative Quote: Meaning, How It Works, and Example

May 4, 2026

How Leverage Works in the Forex Market

May 4, 2026

How to Use Leverage in Forex Trading

May 4, 2026

Personal Loans for Self-Employed Individuals

May 4, 2026

Understanding Decentralized Finance (DeFi): How It Works and Why It Matters

May 4, 2026

Using DeFi Protocols for Quick Loans

May 4, 2026
Popular News

Raila Odinga Hosts Somaliland President for High-Level Talks at Karen Residence

June 4, 2025

War between Kenyans and Nigerians in Ruiru is escalating getting messy, with tensions rising. These Two armed Nigerian men tried to exchange blows with Fearless Gen Zs, it Went Sideways for them, They had To Run For Their Lives. Watch

November 10, 2024

4 Ruto’s Closest Allies Demand CS Justin Muturi’s Resignation Over Government Criticism

February 2, 2025

Matatu Operators Threaten Nationwide Strike

August 19, 2024

FBI Arrests Murder Suspect in Kenya, Extradites Him to the U.S. for Costco Shooting Case

July 22, 2025

Confusion as Likoni MP Aspirant Mistakes Kalonzo for “Kasongo”

April 25, 2026

DIG Lagat Makes Surprise Visit to Two Police Stations

August 16, 2025

Pros and Cons of Taking a Crypto-Backed Loan

February 13, 2025

Aftermath of University of Nairobi’s Night Fire Tragedy [PHOTOS]

January 16, 2025

Breaking: TSC to Pay Teacher Salary Shortfalls After Ruto’s Latest Approval ​​

April 8, 2026
Facebook X (Twitter) Instagram Pinterest
  • Home
  • General News
  • Trending News
  • Advertise With Us
  • About Us
  • Contact Us
  • Privacy Policy
© 2026 News Hub. Designed by News Hub.

Type above and press Enter to search. Press Esc to cancel.