Business Daily | Constant Munda
Tax collections for five months through November fell Sh100.72 billion compared with a similar period a year ago, reflecting the impact of Covid-19 economic hardships that triggered a fall in company earnings, layoffs and cuts on levies.
Data published by Treasury secretary Ukur Yatani Friday showed the Kenya Revenue Authority (KRA) collected Sh527.73 billion in the July-November 2020 period, a 16.03 percent drop compared with Sh628.46 billion a year ago.
Monthly tax receipts have been falling since…
