KRA gets Sh10bn to nail tax cheats

Taxpayers queue to file tax returns at a Kenya Revenue Authority support centre in Nairobi. FILE PHOTO | NMG

The Kenya Revenue Authority (KRA) is set for an additional Sh10 billion budget allocation to boost identification and capture of wealthy tax cheats in what promises to be the biggest crackdown yet on high-net-worth individuals and firms.

The allocations follow recommendations by the National Assembly Finance Committee to review the law and allocate KRA at least two percent of the taxes it collects to intensify revenue collection.

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