KRA’s Revenue Mobilization and Operations Statement
KRA’s Revenue Mobilization and Operations Statement. The Kenya Revenue Authority‘s (KRA) attention has been raised to a number of claims made about its activities, particularly revenue mobilization, on various media platforms. KRA would want to explain the following:
1.) KRA has made investments in cutting-edge technology, which serves as an effective system for the source-to-exchequer revenue collection and settlement. Due to the tight oversight that prevents revenue loopholes, there is no room for revenue diversion with this system in place.
2) Compared to prior year collections, KRA has so far this year stayed up with revenue collection. Revenue collection as of the end of March 2023 averaged 95.1% of the initial target and 93.4% of the supplemental target, totaling Kshs 1.554 billion and an 8% increase year over year.
3) KRA is still dedicated to closing the deficit on schedule because it is aware of its responsibility to raise and secure money for national development. KRA continues to carry out Revenue Enhancement Initiatives (REI), such as the roll-out of eTIMS for efficient and effective VAT collection, integration of KRA systems with betting companies leading to improved collection of Excise Tax on Betting and Withholding Tax on Winnings, amicable resolution of tax disputes through Alternative Dispute Resolution (ADR), and Tax Base Expansion aimed at bringing more taxpayers into the tax bracket.
4) KRA continues to be a professionally run public organization with knowledgeable employees, management, and board leadership, carrying out its mission in accordance with the staff behavior code and the KRA values. By ensuring that tax and customs regulations are followed, KRA is still committed to improving the mobilization of government income and facilitating growth in economic activity and commerce.
Acting Commissioner General, KRA