Half-year tax collections grow fastest in nine years

Times Tower in Nairobi, the headquarters of Kenya Revenue Authority (KRA). Picture taken on Thursday, October 15, 2020. PHOTO | DENNIS ONSONGO | NMG

Tax collections for the first half of the current financial year rose at the fastest pace since President Uhuru Kenyatta took power in 2013, largely lifted by a recovery in economic activity, pursuit of tax cheats and fresh taxation measures.

Exchequer statistics Treasury Secretary Ukur Yatani released last Friday show total tax receipts climbed to nearly Sh868.84 billion in the July-December 2021 period from Sh673.61 billion in the same period a year earlier.

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Note: The results are not exact but very close to the actual.