How a new fraud wave slowed VAT collections

Kenya Revenue Authority (KRA) Commissioner General Humphrey Wattanga Mulongo.

Photo credit: File | Nation Media Group

Value added tax (VAT) collections slowed in the year ended June on the back of a fresh wave of fraudulent deals, which prompted the Kenya Revenue Authority (KRA) to launch investigations that triggered internal staff redeployments and flagged more than 4,000 shrewd traders.

Domestic VAT receipts posted the first single-digit growth in four years, with collections rising a modest 4.20 percent to Sh327.34 billion.

PAYE Tax Calculator

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