KRA requires Kenyan betting firms to remit taxes daily via M-Pesa
Kenya’s KRA is requiring betting companies to calculate taxes after midnight and pay them by 7 a.m. the following morning through M-Pesa, with the system due to take full effect on 12 May 2023. The report says 36 bookmakers had been integrated and cites a 7.5% excise duty on bets and 20% withholding tax on winnings.
Betting operators must integrate tax and payment systems to meet daily remittance deadlines.