Tax collection rises 24pc on end of reliefs

kenya revenue authority kra, taxation, tax, revenue collection


Business Daily | by Constant Munda


Tax collections by the Kenya Revenue Authority (KRA) rose by almost a quarter in February, marking the first growth in 11 months, largely assisted by the withdrawal of special tax cuts put in place to cushion the economy from the impact of the Covid-19 pandemic.

Fresh data by the Treasury shows that last month collections increased by Sh23.58 billion to Sh121.29 billion or 24.13 per cent, compared with the same period a year ago. This was the first growth in KRA’s monthly collections since March 2020…

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