JUST IN: 2025 Finance Bill to Grant KRA Access to Business Data for Tax Compliance 

  The 2025 Finance Bill brings significant changes, particularly one that would allow the Kenya Revenue Authority (KRA) to access personal and transactional data from businesses. In the bill tabled before Parliament on Wednesday, the government proposes removing Section 59A(1B) of the Tax Procedures Act. This clause currently protects businesses from having to share customer data or trade secrets with KRA. If approved, the change would give KRA the power to require businesses to provide detailed transactional information, including data from their integrated systems. At present, Section 59A(1B) prevents KRA from forcing companies to link their internal systems with the tax authority’s, particularly if such integration might expose sensitive business information
The post 2025 Finance Bill to Grant KRA Access to Business Data for Tax Compliance appeared first on Nairobi Wire. Read More