KRA under pressure to collect Sh567bn in taxes this month

Times Tower in Nairobi, the headquarters of Kenya Revenue Authority.  

Photo credit: File | Dennis Onsongo | Nation Media Group

The Kenya Revenue Authority (KRA) is on the verge of missing its target of raising Sh2.5 trillion in taxes in the current fiscal year, following collection shortfalls through the first 11 months.

Official data shows that KRA had collected less than Sh1.93 trillion by the end of May out of the revised target of Sh2.49 trillion for the financial year 2023/24, leaving a balance of Sh567 billion to be collected this month alone.

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