Tax collection flat at Sh340bn in third quarter

The Kenya Revenue Authority (KRA) posted a flat growth in collections for the first three months of the year, fresh Exchequer statistics show, reflecting a slowdown in business activities and jobs that started even before the Covid-19 pandemic shocks kicked in.

An analysis of government revenue data published by Treasury Secretary Ukur Yatani on Friday shows that total tax receipts in the January to March 2020 period amounted to nearly Sh340.67 billion, largely unchanged from Sh339.27 billion in the same period a year ago.

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