KRA misses tax targets by Sh27bn in Ruto presidency

Times Tower in Nairobi, the Kenya Revenue Authority headquarters. FILE PHOTO | DENNIS ONSONGO | NMG

Kenya Revenue Authority (KRA) missed its revenue collection targets by Sh27 billion in three months to December amid President William Ruto’s aggressive push to weed out tax evaders and boost receipts.

Tax collections from five major streams—payroll, corporation, VAT, excise and import duty — in the three months to December amounted to Sh466.46 billion against a target of Sh493.11 billion.

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