KRA must collect Sh859 billion in six months to meet revenue target

The tax authority has been grappling with ambitious targets and falling short, even as the Government ramps up expectation to finance the budget each year. PHOTO: STANDARD

The taxman will be under pressure to intensify tax collection after latest data show a balance of Sh859 billion that must be raised in the next six months.

According to the National Treasury financials printed on the Kenya Gazzette last week, so far the Government has received a total of Sh473 billion in total taxes up to November. This is against a target of Sh1.3 trillion set for the Kenya Revenue Authority (KRA) by Treasury Cabinet Secretary Henry Rotich under the current budget.