Projects Detail

Brief introduction

K-Tax Payment System is a system designed to enable people especially those in the informal sector (Real estate sector and Matatu industry) to pay taxes and to file tax returns. .

Client

Kaizy Tech Solutions

Services

Payment Services, Webdesign, SMS, Authentication

Technologies

PhP, Html, CSS, Android

Dates

September 2012 - June 2015

Project description

The European debt crisis commonly referred to as the Eurozone crisis whose main cause is the inability of some European countries(Greece, Portugal, Ireland, Italy, and Spain) to finance their debts has brought into focus the need for developing countries to be able to manage their public debt. As thus the spiraling public debt in Kenya calls for urgent measures, in order for the government to be able to achieve its economic agenda in the long run. The public debt which reached 46.1 per cent of the nominal gross domestic product (GDP) as of 2012 is a major cause for concern. This amounts to a public debt of The Sh1.8 trillion debt. One of the ways of reducing the public debt is by broadening the tax income payers by including the people that do not pay taxes to pay taxes and especially those in the informal sector such as landlords and matatu owners. The other is by introducing efficiency to reduce losses of collected taxes due to corruption by unscrupulous employees at the Kenya Revenue Authority especially at the weighbridges and at the clearing and forwarding. Also the existence of fake motor vehicle logbooks has led to exploitation of innocent motor vehicle buyers by conmen all over Kenya. This defrauding of the public leads to weakening of their economic status thereby reducing their ability to contribute to the growing of the nations economy. Kenya Revenue Authority holds lots of money in form of tax refunds belonging to various individuals and organizations. This is money which should be given back to the owners and help in growing the economy. All the above factors affect the overall public debt of the country and could be better managed using K-Tax Payment System. K-Tax Payment System is a system designed to enable people especially those in the informal sector (Real estate sector and Matatu industry) to pay taxes and to file tax returns. It also enables individuals that overpaid taxes to claim and receive tax refunds via mobile money transfers. This system also improves efficiencies in tax paying enabling people to pay weigh bridge taxes and clearing/forwarding taxes by use of mobile money transfers. One can also query KRA issued documents such as motor vehicle logbooks for their authenticity using this system. K-Tax Payment System has three interfaces: an android application, a USSD (Unstructured Supplementary Service Data) application and a website all of which can be used to achieve all the above services. .

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