Linking mobile wallets with ETRs risks widening financial exclusion

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A new model of an electronic tax register. 

Photo credit: File | Nation Media Group

Moses Kuria, a senior economic adviser to the President, has spoken of a plan to integrate mobile wallets, specifically pay bill and till numbers, with the Kenya Revenue Authority (KRA)'s electronic tax registers (ETRs) .

On the face of it, the proposal has positive aspects, which include widening the tax base and increasing tax revenue collected from businesses and the informal sector.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.