Taxman demands Sh3bn from firm in card scam syndicate saga

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Times Tower in Nairobi, the headquarters of Kenya Revenue Authority. FILE PHOTO | DENNIS ONSONGO | NMG

The Kenya Revenue Authority (KRA) is demanding Sh3 billion from Kiwipay Kenya Ltd, a payment solution firm whose funds were frozen last year over claims of card fraud syndicate.

The company says in documents filed in court that the taxman is demanding the principal amount plus penalties adding that Kiwipay Kenya Ltd was sinking into debt yet it cannot access its funds, which remained frozen by court orders obtained by various parties.

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