Tough task for KRA to collect Sh500b amid economic dip

Workers at the Shona Garments Factory in Athi River make face masks. State incentives offered to companies will lead to reduced tax revenue. [Peterson Githaiga, Standard]

The Kenya Revenue Authority (KRA) will have an uphill task of breaking the spell of Covid-19 on the economy and collect Sh531 billion in taxes.

Latest data on National Treasury’s revenues and expenditures shows KRA had collected Sh1.12 trillion by end of March against a revised budget of Sh1.64 trillion for the current financial year ending June.