This archive report was first published on 3 May 2021.
Kenya Revenue Authority (KRA) has continued to demonstrate its commitment to revenue collection, surpassing the April 2021 target by 3.8% and achieving a 23.9% revenue growth compared to the same period in 2020.
According to the latest figures, KRA collected KShs 176,656 billion in April 2021, exceeding the target of KShs 170,191 billion. This impressive performance is attributed to the sustained implementation of compliance efforts, revenue enhancement initiatives, and improved service delivery to taxpayers.
The Authority's Customs & Border Control (C&BC) Department also recorded an excellent performance, achieving a revenue collection of KShs 53.996 billion against the April target of KShs 48.150 billion. This represents a performance rate of 112.1% and is attributed to the growing number of imports in Kenya, indicating a continuous economic recovery in the Manufacturing and Construction Sectors.
Domestic Taxes registered a notable performance rate of 100.2% after collecting KShs 122.236 billion against the April 2021 revenue collection target of KShs 121.615 billion. Corporation Tax collection stood at KShs 39.945 billion against a target of KShs 34.181 billion, registering a performance rate of 116.9%.
As the Authority continues to implement revenue enhancement measures, including tax base expansion, debt recovery programme, and post clearance audits, it remains positive on revenue performance following the projected expansion of the economy by above 6.0% over the medium term.
Published on May 3, 2021, at 5:29 PM EAT.
