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Covid-19 layoffs cost Treasury Sh23 billion in employee taxes

Taxes collected from workers in the three months to June declined by Sh23 billion compared to a similar period last year, significantly denting the government’s efforts to meet revenue targets amid the Covid-19 pandemic.

Latest data from the National Treasury indicates Kenya Revenue Authority (KRA) collected Sh88.6 billion in pay-as-you-earn (PAYE) tax between April and June compared to Sh111.6 billion that it managed to get in the same period last year.

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