By
Constant Munda
Correspondent
Nation Media Group
Tax collections from workers’ earnings have surpassed the National Treasury’s target for the first time since the 2021/22 financial year, ending three consecutive years of underperformance.
The performance marks a turnaround after PAYE collections fell short of target by Sh16.2 billion in the 2022/23 financial year, Sh25.8 billion in 2023/24, and Sh6.1 billion in the year ended June...
By
Constant Munda
Correspondent
Nation Media Group
Tax collections from workers’ earnings have surpassed the National Treasury’s target for the first time since the 2021/22 financial year, ending three consecutive years of underperformance.

The latest Quarterly Economic and Budgetary Review shows the payroll surge followed a period of relatively subdued growth as the…

Parliament has also piled pressure on the Treasury to overhaul the PAYE system.

The biggest blow to revenue is expected from income tax, with the Treasury having lowered expected collections by Sh78.6 billion,…

The latest performance marks the fastest corporation tax growth in three years, accelerating from 9.8 percent in FY2024/25 and…

Government revenue collection has exceeded its target by 2.4% for the first nine months of fiscal 2026, reflecting the country's…

ICPAK noted that the current PAYE bands are narrow, subjecting low-income earners to higher rates.