Kenya's tax income hits Sh1tr, but falls short of KRA target

Moses Michira Members of the public some assisted by [KRA] officials filled up Kenya Revenue Authority Tax annual forms at headquarter in Nyeri Town to beat the deadline. PHOTO KIBATA KIHU/STANDARD.

NAIROBI: The Kenya Revenue Authority (KRA) missed its collection target by Sh86 billion in the last financial year, according to its full-year revenue report released yesterday.

The taxman collected just over Sh1 trillion against a projection of Sh1.086 trillion made by Treasury Cabinet Secretary Henry Rotich in the 2014-15 Budget.