Treasury lowers tax target by Sh81bn after growth cut

The National Treasury building in Nairobi, Kenya.

Photo credit: File | Nation Media Group

The National Treasury has cut its tax revenue target for the current financial year ending June by Sh81.4 billion, signaling weaker-than-expected collections from corporate and workers' earnings.

The Treasury expects the Kenya Revenue Authority (KRA) to net Sh2.777 trillion in taxes during the financial year 2026/27 from the Sh2.859 trillion target set in the Budget Policy Statement released earlier.

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