Commission on Revenue Allocation,counties revenue share,revenue sharing formula Stories
The committee’s changes follow concerns that 31 counties were set to lose revenue under the CRA’s plan. Instead of introducing a temporary solution, t...
Taxpayers who do not owe principal taxes but have penalties or interest will automatically have these amounts waived without needing to submit an appl...
The vessel, named KRA 009, was officially commissioned in Mombasa, signalling a firm move to enhance surveillance across Kenya’s waters.
The Electronic Rental Income Tax System (eRITS), unveiled on Thursday, is now live on the Gava Connect platform and is tailored to help property owner...
A fringe benefits tax is imposed on employers offering concessional loans to their employees, directors, or their families. The tax remains in effect...
According to the Business Laws (Amendment) Bill 2024 proposed by the National Treasury, the revised definition of “employee” would cover individuals w...
In new submissions to Parliament, the Treasury now expects to collect Sh2.54 trillion in ordinary revenue for the financial year ending June 2025—down...
While agreeing with the governors that no county should lose money, members of the Senate’s Finance and Budget Committee, led by Mandera Senator Ali R...
As both Houses stand firm in their positions, it remains to be seen whether the conflict will be resolved before the 2025/2026 financial year, with th...
MPs said that granting counties a higher allocation would significantly impact the national government’s capacity to meet its financial obligations, p...
The latest revenue base represents an increase of about Sh350 billion compared to the previous review for the financial year 2020-2021, which stood at...
The governors said the Sh38.4 billion lost from additional allocations includes Sh24 billion meant for critical county projects in healthcare, agricul...
Between July 2024 and February 2025, KRA collected Sh1.4 trillion, which is 56.7 per cent of its annual target of Sh2.475 trillion.
With concerns over exchange rate risks, CRA believes that placing a cap on foreign debt held in a single currency will enhance fiscal stability and re...
Governors have been pushing for at least Sh547 billion as their equitable share, arguing that anything less would hinder service delivery.
KRA’s liabilities related to employee salaries, contracted services, and operational costs reached Sh4.06 billion by the end of June 2024.
Nyakang'o said the overspending trend suggests counties are not banking all their revenues before seeking requisitions from her office.
The projected Sh4.3 trillion budget marks an increase from the Sh3.978 trillion allocated for the current 2024-2025 financial year.
The report shows only Lamu, Mandera, Taita Taveta, and West Pokot counties adhered to their approved work plans. The rest did not use the funds as ind...
The Commission on Revenue Allocation has called for transparency on why the debt, incurred before 1997, remains unsettled.
