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    Details Of Ksh61 Billion Owed To KRA By Suspended Betting Firms

    Francis MuliBy Francis MuliAugust 5, 2019No Comments2 Mins Read
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    The 27 suspended betting firms owe the Kenya Revenue Authority (KRA) at least Ksh61 billion in unpaid withholding tax.

    According to the latest data from the government, nine of the betting firms owe KRA Ksh43,545,363,681 in withholding tax on winnings.

    This was revealed in a letter from KRA to the Betting Control and Licencing Board (BCLB), showing that Sportpesa (Pevan East Africa Ltd) owes the taxman Ksh22.2 billion.

    Read: Here’s The Betting Company Allegedly Operating Illegally In Kenya

    Betin (Gamcode limited) on the other side owes the state at least Ksh17.6 billion, while Betika (Shop and Deliver Limited) owes Kshh2.2 billion.

    Betpawa (Nanovas International (K) Limited) owes KRA Ksh1.1billion while Betway (BlueJay limited) owes the government Ksh257.6 million.

    Premier Bet (K) Limited owes the taxman Ksh100.9 million, mCHEZA (Acumen Communications Limited) Ksh43.2 million, BetYu (Oxygen 8 East Africa Limited) Ksh52.5 million and Mozzartbet Limited Ksh12.5 million.

    Read: Concerns Raised Over Harry Kane’s Promotion Of Betting Craze In Kenya Where Suicide Is Rife

    “These licencees have failed to comply with the provisions of the law on withholding tax on winnings. Withhold license until taxes are fully paid,” ordered the domestic taxes department.

    Currently, there are 72 registered betting firms in the country, which paid total taxes of Ksh12.5 billion between July 2018 and June 2019.

    On July 10, the government directed mobile money service providers; Safaricom, Airtel and Telkom Kenya to withdraw pay bill numbers and SMS codes of the affected companies.

    Read Also  Seven suspects arrested, pistol found on them in Naivasha

    Read: CS Matiang’i Signs Deportation Orders Against 17 Foreigners In Betting Row

    A week later, Interior Cabinet Secretary Fred Matiang’i signed deportation orders against 17 foreigners who are directors of gambling firms in the country.

    The deportees allegedly violated work permits engaging in business not stated on the application.

    “Some of them came into the country as tourists, while others came with visas not related to doing business, but they have changed and are now engaged in betting,” a source intimated to a local daily.

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    Francis Muli
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    Follow me on Twitter @francismuli_ Email: Editor@Kahawatungu.com

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