The latest performance marks the fastest corporation tax growth in three years, accelerating from 9.8 percent in FY2024/25 and 4.6 percent in FY2023/24 as corporate profitability strengthened...
By
Constant Munda
Correspondent
Nation Media Group
Kenya's income tax burden is increasingly shifting from salaried workers to companies, with businesses generating more government revenue as company profits rebound while the formal employment base maintains a shrinking trajectory.
KRA collects Sh2.57 trillion in taxes as revenue jumps by 10.5pc
Direct tax collection jumps 16% to ₹6.5 lakh crore
Direct tax mop-up grows 16% to over ₹6.51 lakh crore so far in FY27
Gross direct tax collections jump 16% to ₹7.74 lakh crore till July 13
Figures indicate that while Corporate Kenya remains profitable, earnings growth is steadily losing momentum amid weaker consumer…
Total collections rose by Sh90 billion, with the taxman saying this was a result of a change of strategy to tax administration…
Widespread opposition to tough taxation measures has shifted the responsibility for mobilising higher domestic revenues from the…
The authority is increasingly relying on third-party data, electronic invoices and transaction matching to ensure correct taxes…
Profits not distributed as dividends are recorded as retained earnings that can be used for expansion, acquisition and buffers…
The KRA will likely record wider missed targets if the tax concessions are adopted without a reduced revenue outlook for the…
