Seven-month tax receipts exceed Sh1trn for first time

MBURU-KRA

KRA Commissioner General Githii Mburu. FILE PHOTO | NMG

The Kenya Revenue Authority (KRA) has collected nearly 60 percent of its full-year tax target in seven months through January on the back of economic recovery from Covid shocks and fresh taxation measures, Treasury data shows.

Collections for seven months of the current financial year ending June crossed the Sh1 trillion mark in the review period for the first time, according to exchequer statistics released by Treasury Secretary Ukur Yatani last Friday.

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