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KRA targets small traders with new MSME unit
Clients seek services at KRA headquarters in Nairobi on February 23, 2024. The KRA is banking on MSMEs, alongside the digital economy and agri-business sub-sectors, to grow active taxpayers to 13 million.
Photo credit: File | Wilfred Nyangaresi | Nation Media Group
The Kenya Revenue Authority (KRA) has created two departments in a fresh bid to widen its dragnet to the majority of small traders who have over the years been elusive in complying with various tax provisions, resulting in perennial shortfalls.
KRA Commissioner-General Humphrey Wattanga has created a stand-alone Micro and Small Taxpayers Department in a new development aimed at netting four million new taxpayers under its four-year plan ending June 2029.
