KRA set to miss revenue targets

The Treasury building in Nairobi. FILE PHOTO | NMG

The Kenya Revenue Authority is likely to miss its revenue targets in the current financial year on the back of depressed income and corporation tax.

Researchers at Genghis noted capital tax collection in the first half of this financial year rose by a modest 6.63 per cent compared to a similar period a year earlier, lagging behind the Treasury target.

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