KRA collects Ksh.307B in December exceeding Ksh.285B revenue target
Audio By Vocalize
The tax agency also recorded its highest-ever monthly customs collection, driven largely by oil and non-oil import taxes.
KRA collected Ksh.307.6 billion in December against a target of Ksh.285 billion. This represents a 29 per cent increase compared to the same period in the previous financial year.
Exchequer revenue amounted to Ksh.284.3 billion, above the target of Ksh.261.8 billion, resulting in a year-on-year growth of 30 per cent.
Customs and Border Control collected Ksh.85.9 billion, exceeding the target of Ksh.83.0 billion. This collection marked the highest monthly customs revenue in KRA’s history.
According to KRA, the customs performance was supported by growth in oil-related taxes, which rose by about 24 per cent. Non-oil taxes, on the other han,d recorded a 103.4 per cent performance rate and grew by 23.4 per cent.
Domestic taxes also surpassed targets, with collections of Ksh.221.3 billion against a target of Ksh.201.6 billion. This was a 31 per cent increase from Ksh.168 billion collected in December of 2024.
KRA has set a revenue target of Ksh.2.97 trillion for the current financial year, up from Ksh.2.57 trillion collected in the last financial year, requiring a growth of 15.4 per cent.


Leave a Comment