President Ruto tax push suffers blow with Sh13.9bn shortfall in Q1

Treasury Cabinet Secretary Prof Njuguna Ndung’u at a press briefing on November 10, 2022. PHOTO | DIANA NGILA | NMG

The Kenya Revenue Authority’s collections from consumption and income taxes for the first quarter of the year fell short of the target by Sh13.9 billion in an early setback to President William Ruto’s aggressive revenue mobilisation plan.

The taxman collected Sh459.5 billion from earnings by workers and companies as well as consumption levies, comprising excise duty, value-added tax (VAT) and import duty, according to provisional data released by the Treasury Thursday.

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