KRA Targets Landlords in KSh 3t Tax Collection Drive, Begins Data Collection Exercise in Nairobi – Tuko.co.ke
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The Kenya Revenue Authority (KRA) has begun an ambitious data collection exercise targeting landlords in a tax collection drive.
In a public notice seen by TUKO.co.ke, the commissioner for domestic taxes indicated that the authority would undertake a data collection exercise on rental properties within Nairobi city county and the Nairobi Metropolis as part of its tax base expansion programme.
The exercise would kick off on Wednesday, October 19.
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KRA asked members of the public to cooperate to ensure the success of the exercise.
The taxman faces an uphill task to collect KSh 3 trillion by December, a target set by the new Kenya Kwanza government led by President William Ruto.
On Wednesday, October 12, Deputy President Rigathi Gachagua revealed the contents of the midnight talks between President William Ruto.
Ruto met KRA Commissioner General Githii Mburu on Tuesday, October 11, night after gracing the launch of the Nairobi Securities Exchange (NSE) Market Place.
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Gachagua said the meeting set targets for the taxman to collect KSh 3 trillion by December 2022.
Ruto said his government won't favour anyone when it comes to paying taxes.
The United Democratic Alliance (UDA) leader revealed he had discussed how to expand the tax base with the KRA.
The president has promised to cut down on excessive borrowing, insisting the country could finance itself.
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Source: TUKO.co.ke
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