The tax agency says it has identified 2.8 million taxpayers who have penalties and interest and qualify for the tax amnesty programme.
KRA has been tasked to collect Sh2.495 trillion in tax revenue in the financial year 2023/24 to fund President William Ruto’s debut budget of Sh3.67 trillion.
The Kenya Revenue Authority (KRA) has revealed that it has netted Sh3.4 billion in revenue from its ongoing tax amnesty programme that ends in June next year.
The Finance Act of 2023 introduced a tax amnesty for interest and penalties on tax debt by inserting Section 37E into the Tax Procedures Act, of 2015. The amnesty took effect on September 1, 2023.
