The positive revenue growth rate mirrors the improved tax compliance from patriotic taxpayers who contributed to the collection of revenue.
Revenue collection has tripled from Ksh 707.36 Billion in FY2011/12 to Ksh 2.031 Trillion in FY2021/22.
#KRARevenuePerformance
๐๐๐ ๐๐๐๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐๐ ๐๐๐๐๐๐ & ๐๐๐๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐๐.
For the first time in Kenyaโs history, the annual revenue collection has hit and surpassed the 2 Trillion mark,
#KRARevenuePerformance
The revenue collection of Ksh 2.031 Trillion denotes a stellar performance rate. This is the highest revenue growth in the history of Kenya Revenue Authority.
#KRARevenuePerformance
Domestic Taxes collected Ksh 1.297 Trillion against a target of Ksh 1.267 Trillion while Customs and Border Control collected Ksh 728.530 Billion against the set target of Ksh 702.823 Billion.
#KRARevenuePerformance
Corporation tax performance was driven by increased remittance from key sectors like Finance, Insurance, Manufacturing, Wholesale & Transport while PAYE performance was driven by the gradual recovery of the job market emanating from economic recovery.
#KRARevenuePerformance