The government has revised the additional revenue it seeks to raise through the Tax Laws (Amendment) Act 2024, the Tax Procedures (Amendment) Act 2024, and the Business Laws (Amendment) Act 2024 downward by a massive Sh104.6 billion.
According to the National Treasury, the government now expects to raise just Sh70 billion in additional revenue in 2024/25, down from the Sh174.6 billion that was projected.
