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Businesses are bracing themselves for tough times as the new government plans to apply spy-like monitoring on their operations, in Treasury’s new regulatory proposals to net tax cheats.

In a bid to help President William Ruto’sgovernment achieve its Sh3 trillion revenue target in the 2023/24 financial year, the Kenya Revenue Authority (KRA) plans to not only integrate its systems with those of companies in different sectors to monitor their sales and production, but also hire more staff to physically check manufacturers’ production trends.

While the government views the move as sealing loopholes that tax evaders have used to dodge paying their due share to the taxman, economists and businesses have faulted the government's priorities.

In stating measures the government intends to use to raise enough revenues for the financial year 2023/24 and the medium term, the draft Budget Policy Statement (BPS) last week indicated that KRA plans a crackdown, particularly on manufacturers who are accused of under-reporting production volumes and sales.

“Going forward, KRA will address some of the challenges hampering enhanced tax compliance through the placement of resident officers to monitor production, providing strict timelines for factories to meet requirements, establishment of a Production Monitoring Command Centre to monitor production in real-time, enforce all factories to meet all factory requirements by use of metering and monitoring tools,” the draft 2023 BPS stated.

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