Home Business Kenyans to shoulder extra Sh200b on taxes in FY21/22

Kenyans to shoulder extra Sh200b on taxes in FY21/22

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People Daily | by John Otini


Kenyans are expected to pay Sh200 billion more in taxes as Kenya Revenue Authority (KRA) targets to collect Sh1.7 trillion up from Sh1.5 trillion to fund a Sh3 trillion budget.

Treasury said it is banking on KRA’s ongoing tax reforms in tax policy and revenue administration to raise more cash to finance government obligations.

“Revenue performance will be underpinned by ongoing reforms in tax policy and revenue  administration. Ordinary revenues will amount to Sh1,764.7billion…

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