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KRA Surpasses Four-Month Tax Collection Target by Sh27.09 Billion

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Nyakundi Report

Newsroom 1 min read

This archive report was first published on 5 November 2021.

Published on November 5, 2021, the Kenya Revenue Authority (KRA) has achieved a remarkable milestone in tax collection, surpassing its four-month target by Sh27.09 billion.

The taxman collected Sh631.03 billion between July and October, against a target of Sh603.94 billion, translating to a performance rate of 104.5 percent.

This impressive feat is a reflection of the recovering economy, as well as the implementation of revenue enhancement initiatives by the Authority.

According to KRA Commissioner General Githii Mburu, "The sustained strong performance is a reflection of the improving global economic environment as well as the implementation of revenue enhancement initiatives by the Authority."

Major tax heads, including customs and border control, domestic taxes, and pay as you earn (PAYE), have also surpassed their targets.

Notably, KRA netted Sh154.38 billion in October, against the target of Sh142.38 billion, placing it on course to meet the Sh1.78 trillion target by the end of June next year.

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