The Kenya Revenue Authority (KRA) has introduced a contentious proposal to retain two per cent of total tax revenue collected for its operations.
The move has escalated tensions with the National Treasury, which has been pressing the agency to improve its revenue collection efforts.
Despite consistently missing its targets, the taxman believes this proposal could provide a crucial lifeline for enhancing operational efficiency and meeting the ambitious goals set by the Kenya Kwanza administration.
KRA argues that securing two per cent of the previous year’s total revenue is vital for funding initiatives aimed at advancing technology and capacity building.
Based on past collections, this proposal would see the National Treasury allocate approximately Sh48 billion to the tax authority.
Subscribe our newsletter to stay updated
Thank you for subscribing!
Subscribe our newsletter to stay updated
Thank you for subscribing!
