Tax revenue dipped by Sh89 billion in January

KRA introduces tax amnesty programme to run for three years. [File, Standard]

Kenya Revenue Authority (KRA) collected Sh89.6 billion less in January compared to the same period in 2020.

According to the latest statement from the National Treasury, the taxman netted Sh784.9 billion in the first seven months of the 2020-21 financial year, which was a 10.2 per cent drop from the Sh874.5 billion collected last year.