Betting firms will now pay taxes daily by 1am in far-reaching changes that have seen the taxman plug into their platforms to allow real-time computation of taxes to tame rogue entities in the sector.
This is after the Kenya Revenue Authority (KRA) completed a pilot that saw it interlink its tax system with the betting sector to track the 15 percent tax on betting, gaming and lottery as well as the 20 percent withholding tax on winnings collected from punters.
