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Experts ask KRA to set tax targets to curb budget woes
Ernest and Young East Africa Consulting leader, Anthony Muthusi, addresses participants during the Ernest and Young 2023 budget-briefing event at Sarova Panafric Hotel, Nairobi on April 18, 2023. PHOTO | BONFACE BOGITA | NMG
The Kenya Revenue Authority (KRA) should set its collection targets based on market realities to help keep the country’s expenditures in control, tax experts said.
In proposals to the 2023/24 Budget, consultancy firm Ernst and Young (EY) analysts, on Tuesday, proposed changes in Kenya’s tax administration to hand KRA an independent office that would advise on revenue potential.
