Between July and November, the taxman collected Sh963.7 billion, which was 34.6 per cent of the Sh2.787 trillion target for the 2023/24 financial year.
Taxes from petroleum products, which grew by 42.5 per cent, boosted revenue performance during the period, partly due to the rise of value-added tax (VAT) on the products since July.
The Kenya Revenue Authority (KRA) collected Sh1.03 trillion between July and last Friday, after November revenues grew by 15.8 per cent to Sh180.7 billion, compared to a similar month of 2022.
The collections were, however, a further fall in KRA's annual collection target as it struggles to raise revenue amid harsh economic times for Kenyans and businesses.
