The Kenya Revenue Authority (KRA) has surpassed the Sh2 trillion mark, collecting Sh2.112 trillion by April 20 and edging closer to its Sh2.66 trillion annual target. This represents 96.5% performance against the Sh2.18 trillion target, with a 6.1% growth from the previous financial year. Domestic taxes stood at Sh1.39 trillion, while customs revenue rose 9.1% to Sh722.7 billion. Agency revenue hit Sh205.5 billion, surpassing targets, while Exchequer revenue amounted to Sh1.906 trillion.
Despite economic challenges—including a slowing GDP, high lending rates, and reduced imports—KRA credits reforms and digital tools for maintaining strong performance. Initiatives like the Centralised Release Office, Electronic Rental Income Tax System (eRITS), and eTIMS have improved efficiency and compliance. The Tax Amnesty Programme collected Sh13.5 billion, waiving Sh164.9 billion in penalties. KRA is optimistic of hitting its annual goal by June 30, helping sustain government operations.
