Sharp Daily
No Result
View All Result
Monday, December 22, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

How Automation Of Services Can Help In Collection Of Taxes

Benson Muriithi by Benson Muriithi
February 16, 2023
in News
Reading Time: 2 mins read
Automation Software Technology

Automation Software Technology [Photo/Courtesy]

The automation of services can play a crucial role in helping governments collect taxes more efficiently and effectively.

One way this can be achieved is through the implementation of electronic tax filing and payment systems. By making it easier for taxpayers to file their taxes electronically and make payments online, governments can reduce the costs and administrative burdens associated with paper-based systems.

This also reduces the risk of errors and fraud, as electronic systems are more accurate and secure. Another benefit of automation is that it can improve the accuracy and timeliness of tax data.

Automated systems can quickly and accurately process large volumes of data, enabling governments to identify potential non-compliance and take prompt action to address it.

RELATEDPOSTS

Christmas in the dark? Kenya’s power grid faces a festive season shock

December 22, 2025
Kenyan courts in December reaffirmed that title deeds are only prima facie evidence of ownership.

Kenyan courts reaffirm title deeds are not conclusive proof of land ownership

December 16, 2025

Read:KRA: How Keroche Accumulated Billions In Unpaid Taxes

This can include identifying discrepancies between reported income and other sources of information, such as bank account transactions or property ownership records.

With automation, the government can also use predictive analytics to identify taxpayers who are at risk of non-compliance, reducing the need for costly and time-consuming audits.

Finally, automation can also lead to greater transparency and accountability in the tax system. By providing taxpayers with real-time access to their tax information and allowing them to track the status of their payments and refunds, automation can help build trust in the tax system.

This can be particularly important for governments seeking to build a strong tax culture and promote voluntary compliance. By providing taxpayers with clear and accessible information about their tax obligations and making it easy for them to comply, governments can encourage greater compliance and reduce the need for costly enforcement actions.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

World Bank Boss David Malpass Set To Exit Office In June

Next Post

Foreign Affairs CS Alfred Mutua Signs Treaty To Establish African Medicines Agency(AMA)

Benson Muriithi

Benson Muriithi

Related Posts

Banking

Banks expect private sector credit to pick up by year end

December 22, 2025
Analysis

Historic sale of EABL stake to Japan’s asahi signals new era for east african breweries

December 22, 2025
News

Christmas in the dark? Kenya’s power grid faces a festive season shock

December 22, 2025
Business

NSE to allow investors to buy and sell shares directly using M-Pesa through Ziidi Trader

December 22, 2025
News

Why markets turn before the economy does

December 22, 2025
News

Understanding the difference between volatility and risk

December 22, 2025

LATEST STORIES

Banks expect private sector credit to pick up by year end

December 22, 2025

Why life insurance deserves a place in your retirement plan

December 22, 2025

Historic sale of EABL stake to Japan’s asahi signals new era for east african breweries

December 22, 2025

Christmas in the dark? Kenya’s power grid faces a festive season shock

December 22, 2025

NSE to allow investors to buy and sell shares directly using M-Pesa through Ziidi Trader

December 22, 2025

Why markets turn before the economy does

December 22, 2025

Understanding the difference between volatility and risk

December 22, 2025

Evaluating the decision between to rent or to buy

December 22, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024