The taxman has laid down ambitious plans that they think will give the Authority over 6 trillion in three years.
Considering that Kenya Revenue Authority (KRA) has severally missed targets in the past, it will be interesting to see if this time round they will nail it.
The authority believes their new corporate strategic plan that they have put in place will help Kenya achieve Sh6.1 trillion in the next three years.
Companies as well a powerful individuals have been in the limelight for tax evasion claims.
If the authority seals all tax collection loopholes, most likely their targets ould easily be realised if not surpassed.
KRA plan runs from 2019 to 2021.
This ambition 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 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.