The Kenya Revenue Authority (KRA) commissioner-general John Njiraini. PHOTO | FILE
By BRIAN NGUGI, bnjoroge@ke.nationmedia.com
The Kenya Revenue Authority (KRA) has missed its
2015/2016 target by Sh6.5 billion, registering a total tax collection of
Sh1.210 trillion against a target of Sh1.217 trillion.
The taxman however outgrew last year's collection by 13.2 per cent, up from Sh1.182 trillion collected in the 2014/2015 period.
The targets were affected by a slump in corporate
taxes as many companies felt heat of a sluggish economy, the KRA
commissioner general John Njiraini said Wednesday.
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