The Kenya Revenue Authority (KRA) has recorded its highest shortfall in tax collections from employees despite the introduction of two new tax bands targeting top earners, even as the Treasury projected that the taxman would miss this year's targets by about Sh300 billion.
A quarterly report published by the National Treasury shows that the KRA missed its pay-as-you-earn (PAYE) target by Sh72.3 billion in the first nine months of the current financial year.
