KRA collection falls by Sh20bn in April

Kenyans queue to file their tax returns at the KRA Mombasa head office on 28 June 2019. PHOTO | LABAN WALLOGA | NMG

Kenya Revenue Authority (KRA) tax collections in April dropped by Sh20.31 billion, reflecting the subdued business environment amid the Covid-19 pandemic economic hardships.

Latest data from the Treasury indicates that tax collections fell to Sh120.1 billion in April from Sh140.41 billion in same month last year, representing a 14.46 percent drop.

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