KRA nets Sh2bn in first month of longer amnesty

Kenyans queue to file their Kenya Revenue Authority (KRA) returns at the outdoor-set temporary office at Masaai Market ground in Nakuru Town on June 11, 2024. 

Photo credit: File | Nation Media Group

The Kenya Revenue Authority (KRA) has collected Sh2 billion in the first month of an extended tax amnesty programme, representing 6.7 percent of the total targeted amount.

The taxman hopes to mop–up Sh30 billion from accumulated penalties and interest for companies and individuals under a new phase of a tax pardon that runs until June 2025.

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