KRA nets Sh43.9bn in revenue from tax amnesty

Kenyans queue to file their Kenya Revenue Authority (KRA) returns in Nakuru Town on June 11, 2024. 

Photo credit: File | Nation Media Group

The Kenya Revenue Authority (KRA) netted Sh43.9 billion from its just-concluded tax amnesty programme, which ran from September September to June 30, narrowly missing its Sh50 billion target from the window.

The taxman says 2,617,111 taxpayers were granted amnesty in the period under which the agency waived penalties, interest, and fines on debts where the taxpayers had paid the full principal tax before December 31, 2022.

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