{"id":21008,"date":"2021-01-17T18:22:05","date_gmt":"2021-01-17T18:22:05","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/?p=21008"},"modified":"2021-01-17T18:05:14","modified_gmt":"2021-01-17T18:05:14","slug":"kra-bounces-back-with-historical-tax-collection","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/all-news\/kra-bounces-back-with-historical-tax-collection","title":{"rendered":"KRA Bounces Back With Historical Tax Collection"},"content":{"rendered":"

Africa-Press<\/a> – Kenya<\/a>. <\/strong><\/span>Kenya Revenue Authority (KRA) has signaled a speedy economic recovery after surpassing December 2020 tax targets by over Ksh2 billion.<\/p>\n

A statement seen by Kenyans.co.ke showed that the taxman collected Ksh166 billion against a target of Ksh164 billion recording a performance rate of 101.3 percent.<\/p>\n

The document further indicated that KRA made history in the Customs and Border Control Department which collected a total of Ksh60.8 billion, its highest ever.<\/p>\n

KRA Commissioner General Githii Mburu disclosed that the milestone was the first-ever positive deviation the authority had recorded since the pandemic hit the country in March 2020.<\/p>\n

\u201cThis was the first positive and above target collection rate since the outbreak of Covid-19 pandemic.<\/p>\n

“The improved performance is attributed to the economic recovery following the relaxation of the stringent Covid-19 containment measures and enhanced compliance efforts by KRA in December.” stated Mburu.<\/p>\n

The Customs Department, with the historical collection, realised a 41 percent growth with a surplus of Ksh12.2 billion in targeted revenue.<\/p>\n

\u201cThis resulted in a cumulative surplus for customs revenue of Sh3.8 billion at the end of December 2020, compared to a deficit of Sh8.4 billion as at the end of November 2020,” continued Mburu.<\/p>\n

The performance was largely attributed to the relaxation of tax measures that had been put in place by President Uhuru Kenyatta to cushion Kenyans from the effects of Covid-19 pandemic.<\/p>\n

Withholding tax crossed target by as much as Ksh725 million while corporate taxes missed the target by more than 6 percent.<\/p>\n

In 2021, the taxman is expected to increase the revenue collected after the taxation measures including VAT and PAYE were restored beginning January 1.<\/p>\n

Other taxes such as turnover and digital are also expected to boost the authority’s revenue.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Kenya. Kenya Revenue Authority (KRA) has signaled a speedy economic recovery after surpassing December 2020 tax targets by over Ksh2 billion. A statement seen by Kenyans.co.ke showed that the taxman collected Ksh166 billion against a target of Ksh164 billion recording a performance rate of 101.3 percent. The document further indicated that KRA made […]<\/p>\n","protected":false},"author":84,"featured_media":21007,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[6857,7003,544],"class_list":["post-21008","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-kenya","tag-kenya"],"yoast_head":"\nKRA Bounces Back With Historical Tax Collection - kenya<\/title>\n<meta name=\"description\" content=\"Kenya Revenue Authority (KRA) has signaled a speedy economic recovery after surpassing December 2020 tax targets by over ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/all-news\/kra-bounces-back-with-historical-tax-collection\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KRA Bounces Back With Historical Tax Collection\" \/>\n<meta property=\"og:description\" content=\"Kenya Revenue Authority (KRA) has signaled a speedy economic recovery after surpassing December 2020 tax targets by over ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/all-news\/kra-bounces-back-with-historical-tax-collection\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-17T18:22:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/01\/img-60047c45574d3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"360\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/kra-bounces-back-with-historical-tax-collection#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/kra-bounces-back-with-historical-tax-collection\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"KRA Bounces Back With Historical Tax Collection\",\"datePublished\":\"2021-01-17T18:22:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/kra-bounces-back-with-historical-tax-collection\"},\"wordCount\":290,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/kra-bounces-back-with-historical-tax-collection#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/01\/img-60047c45574d3.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Kenya\",\"Kenya\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/all-news\/kra-bounces-back-with-historical-tax-collection#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/kra-bounces-back-with-historical-tax-collection\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/kra-bounces-back-with-historical-tax-collection\",\"name\":\"KRA Bounces Back With Historical Tax Collection - 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