Kenya: KRA to Help Big Taxpayers Meet Their Sh1.1 Trillion Tax Obligation

24 October 2023

Nairobi — The Kenya Revenue Authority (KRA) has said that it will work with large taxpayers to ensure that they remit Sh1.1 trillion in taxes to the government in the 2023-24 financial year (FY).

Through this, the taxman will collect an additional Sh282 billion in this fiscal year compared to Sh818 billion in the previous FY.

According to the KRA, big taxpayers are those who accrue an annual income of up to Sh1.3 billion.

At the moment, there are 2,089 registered large taxpayers from various sectors of the country's economy.

Speaking during an engagement with large taxpayers held at the Ole Sereni Hotel in Nairobi, KRA Commissioner General Humphrey Wattanga said that KRA has developed a Relationship Management Framework that will help facilitate the taxpayers' contribution.

"At KRA, our commitment is not only to collect taxes but also to support you in upholding compliance, while efficiently contributing to our nation's economic agenda," Wattanga said.

"To facilitate this, we have established a dedicated office for our large taxpayers known as the 'Large Taxpayers Office' (LTO), which will continue to engage and partner with you through a Relationship Management Framework," added the Commissioner General.

He said that the framework has allowed KRA to identify, manage, and nurture relationships with taxpayers, paving the way for more personalised and relevant services.

Through the engagements, KRA also aims to unlock and provide feedback on the concerns raised by taxpayers.

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