- KRA and the National Treasury have linked eTIMS with IFMIS.
- Businesses supplying government entities must issue valid eTIMS tax invoices before requesting payment through IFMIS.
- Invoice details must exactly match eTIMS electronic records for automated validation.
- The integration is meant to improve tax compliance, including VAT tracking.
- It also aims to increase transparency in public procurement and financial management.
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
