The government is targeting larger collections from import duties and income taxes in the new 2026/27 financial year.
Of the Sh219.4 billion in additional revenue targeted for the next financial year, Sh84 billion will be derived from import duty and income taxes.
Government is widening the tax base in a bid to realise the additional tax revenue target.
The government now targets larger collections from import duties and income taxes in the new 2026/27 financial year, indicating increased scrutiny of international trade and income from corporate and self-employment sources.
The National Assembly’s Budget and Appropriations Committee has revealed that of the Sh219.4 billion in additional revenue targeted for the next financial year, which starts in July 2026, Sh84 billion will be derived from import duty and income taxes.
