Kenya Revenue Authority's efforts to boost revenue from Ksh964 billion to Ksh2.66 trillion in less than a decade have earned the tax collecting body praise from Tanzanian lawmakers.
The Budget Committee of the Parliament of the United Republic of Tanzania applauded the taxman for its strategic implementation of initiatives that have significantly boosted revenue collection.
In a statement to the press on Wednesday, March 6, KRA revealed that it implemented strategic initiatives that have led to the expansion of the tax base.
Now, the taxman has a database of 8.2 million active taxpayers, an improvement from the previous 6.1 million.
The Tanzanian delegation, which was led by the Chairperson of the Parliamentary Budget Committee, Hon. Daniel Baran Sillo, was briefed on all the milestones KRA has made including the improved revenue collection.
"We are committed to further automating our services to simplify the tax process
and enhance revenue collection," KRA Commissioner General Humphrey Wattanga stated.
"Additionally, KRA will continue to integrate its systems from an organizational standpoint and beyond."
Additionally, the Commissioner General revealed that timely payment of the Value Added Tax (VAT) and Pay As You Earn (PAYE) remittances had improved enabling KRA to hit its targets without pay delays.
The lawmakers, on the other hand, lauded KRA for its dedication to enhancing revenue collection and ensuring tax compliance.
They emphasized the importance of such initiatives in supporting the economic development and sustainability of the region.
In December last year, KRA reported that it had surpassed its Ksh1 trillion revenue collection target by Ksh30 billion as of December 8, 2023, to close the period at Ksh1.030 trillion.
The taxman at the time hailed its achievement, stating that the milestone represented an upward momentum in revenue collection after the agency recorded a 15.8% growth in November.
“These key indicators that significantly impact on revenue performance have generally moved contrary to expectations, with adverse impact on revenue mobilization,” KRA stated.
