Tax reliefs and incentives cost the Kenyan government Sh620.5 billion in revenues in the five years to February 2023, giving perspective to the scale of foregone income for the government amid liquidity pressures.
A statement by the Kenya Revenue Authority (KRA) tabled before the parliamentary Finance and Planning Committee shows that the government missed out on Sh620.5 billion shillings in tax reliefs and incentives in the period between January 2018 and February 2023.
