It seems that Kenyans will definitely not catch a break for the next coming years as a new revenue target has been set, meanig Kenyans will most likely have to pay more in taxes.
The Kenya Revenue Authority (KRA) targets to collect Sh6.1 trillion over the next three years, through a new corporate strategic plan.
The plan to run from 2019 to 2021 will be based on data-driven decision-making and tax base expansion.
KRA Deputy Commissioner in charge of Research, Knowledge Management and Corporate Planning Joseline Ogai said the targeted revenue would be an increase in revenue collection by Sh2 trillion from the recently ended corporate plan.
The tax authority also targets to increase the number of taxpayers from the current 3.9 million to at least 7 million over that period.
Ogai said this would bring in more Kenyans to pay for the services that the government delivers.
He said the larger pool of taxpayers would enable achieve targets in revenue collection by KRA, which he noted collects in excess of 95 percent of all government revenue.
Ogai spoke during the regional launch of the KRA 7th Corporate Plan 2018/19 – 2020/21 at Mountain Breeze Hotel in Embu County.
Embu Executive in charge of Trade, Tourism and Investments David Kariuki said the county government plans to partner with KRA to collect move revenue to meet government development plans.