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Kenya Plans Sharp Increase In Tax Revenue

by Lorys Charalambous, Tax-News.com, Cyprus

24 September 2015


Kenya Revenue Authority (KRA) has launched its sixth corporate strategic plan, which includes plans to double annual tax collections over the next three fiscal years (2015/16 to 2017/18).

KRA has set an annual target of KES2.05 trillion (USD19.4bn) in the 2017/18 fiscal year, a substantial increase from revenues worth just over KES1 trillion that were collected during 2014/15. Tax revenue rose by a total of 15 percent in the previous three-year period.

Commissioner General John Njiraini said that KRA's sixth plan "will leverage on technology to widen the taxpayer base and improve detection capacity through data analytics." Collections from each taxpayer will be fully automated through a single collection point for all payments made to the tax authority by way of its electronic tax filing system, iTax.

KRA is banking on iTax to improve relations between it and taxpayers, and to double its registered users to four million over the plan's three-year period, from only two million users in the last fiscal year.

TAGS: tax | tax authority | internet | Kenya | revenue statistics | Tax

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