Counties raise Sh4.5 billion from business permits

DNGovernors0512gr

Council of Governors Chairperson, Anne Waiguru joined by other governors addressing the media at the Council’s offices in Nairobi. FILE PHOTO | DENNIS ONSONGO | NMG

Counties' revenues generated from issuing business permits increased by 21.7 percent during the past financial year, pointing to improved resumption of business operations in the country from the impact of the Covid-19 pandemic in 2020.

The revenues from business permits increased by Sh795.8 million to Sh4.47 billion that the 47 counties collected in the fiscal year ended June 2023, Treasury’s report of consolidated financial statements for county governments shows. 

PAYE Tax Calculator

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