KRA to exceed tax target by record Sh140bn revenue

Kenya Revenue Authority (KRA) Commissioner-General Githii Mburu. PHOTO | JEFF ANGOTE | NMG 

The Kenya Revenue Authority (KRA) expects to beat its initial revenue collection target for the current fiscal year by up to Sh140 billion, driven by an improved collection of consumption and income taxes as the economy continues its post-Covid recovery.

KRA Commissioner General Githii Mburu said his agency has exceeded two upward revenue target revisions brought in through supplementary budgets, pointing to the enhanced tax enforcement and recovery measures the taxman has been implementing in the period.

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