Tax pain as Treasury eyes Sh201bn in new budget
Nairobi, May 6 -- The Treasury will seek an additional Sh201 billion in tax revenue in the next financial year, signalling potential new taxes in the Finance Bill and a crackdown on tax cheats.
The Kenya Revenue Authority (KRA) will be required to collect Sh2.985 trillion as tax revenue for the year starting July, up from Sh2.784 trillion, according to Treasury documents tabled in Parliament, reflecting a 7.21 percent increase.
The Finance Bill, 2026 is expected to deliver most of the revenue haul, with the Treasury projecting new tax measures to generate Sh120 billion, up from Sh30 billion it targeted via the Finance Act 2025.
The push for increased tax collection comes against the backdrop of a weaker economic outlook in the wake of ...
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