Taxes on companies’ and workers’ earnings recorded a rare fall in the first quarter of the current financial year ending June 2026, underlining weakening profitability, stagnating formal jobs and freeze on pay raises.
Latest data from the National Treasury shows that income tax receipts dropped 2.31 percent to Sh252.62 billion in three months to September 2025, down from Sh258.60 billion in the same period the year before.
