Taxes Stories

Kiharu MP Ndindi Nyoro raises alarm over rising debt, warns of possible default
Maureen Kinyanjui  |  Apr 16, 2025

Speaking at the Institute of Public Finance’s annual budget review on Tuesday, Nyoro expressed concern that the country’s debt, now standing at Sh11 t...

KRA rolls out new eRITS system to simplify rental income tax compliance for landlords
Maureen Kinyanjui  |  Apr 11, 2025

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...

MP Kuria Kimani indicates additional tax measures likely in Finance Bill 2025
Rachael Mutabasi  |  Apr 08, 2025

The government’s proposed Sh4.2 trillion budget for the 2025/26 financial year, approved by the Cabinet in February 2025, includes Sh3.09 trillion for...

Bill proposes new tax regulations for freelancers, gig workers
Lucy Mumbi  |  Apr 07, 2025

According to the Business Laws (Amendment) Bill 2024 proposed by the National Treasury, the revised definition of “employee” would cover individuals w...

Treasury lowers tax collection target by Sh40 billion due to continued underperformance
Lucy Mumbi  |  Apr 07, 2025

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...

MPs push to scrap one-third salary rule amid rising tax burden
Maureen Kinyanjui  |  Mar 29, 2025

The Employment Act, 2007 bars employers from deducting more than two-thirds of an employee’s basic salary.

Government’s inequality solutions not doing enough - World Bank report
Alfred Onyango  |  Mar 22, 2025

Despite the combination of wealth tax and redistribution policies over the past years, the levels of poverty are still high, continuously extending th...

Auditor General: 47,300 Government employees taking home less than legal salary limit
Maureen Kinyanjui  |  Feb 27, 2025

The report shows that at least 47,300 government employees are taking home less than a third of their gross pay, a violation of the Employment Act 200...

KRA announces start of reforms to enhance efficiency, grow tax base
Alfred Onyango  |  Feb 21, 2025

The internal alignment will further focus on enhancing workflow processes to reduce redundancies, optimise internal resources and leverage advanced an...

Motorists to pay more taxes as government seeks to reintroduce levies shelved after protests
Maureen Kinyanjui  |  Feb 13, 2025

In addition to the insurance tax, the congestion levy is expected to target major urban areas such as Nairobi, Mombasa, Kisumu, Eldoret, and Nakuru.

Registration of new business ventures drops 7.6pc as investors hold back
Maureen Kinyanjui  |  Feb 05, 2025

The data reflects a challenging business environment in a year marked by higher taxes and rising lending rates.

KRA recovers Sh4.3bn from anonymous tips in tax evasion crackdown
Lucy Mumbi  |  Feb 04, 2025

KRA Board Chairperson Nderitu Muriithi called on Kenyans to continue reporting tax evaders through KRA’s anonymous portal, highlighting the importance...

Mbadi: Kenyans are not overtaxed, figures are being misrepresented
Lucy Mumbi  |  Feb 02, 2025

Concerns over taxation deepened this week after the National Social Security Fund (NSSF) announced a six per cent increase in contributions, with empl...

Gachagua pushes his 'key' address to February 9 after nationwide consultations
Lucy Mumbi  |  Feb 02, 2025

Gachagua has been holding a series of meetings at his Wamunyoro home, bringing together political leaders, religious figures, and opinion shapers to d...

KRA raises Sh2 billion in first month of tax amnesty programme
Maureen Kinyanjui  |  Jan 29, 2025

The tax collection represents 6.7 per cent of the total target, which aims to collect Sh30 billion by June 2025.

KRA collects Sh1.243 trillion in revenue amid economic challenges
Lucy Mumbi  |  Jan 28, 2025

The Authority noted that this surpassed the target of Sh101.316 billion, with Agency revenue performing at 121.3 per cent of the target.

Report paints a grim picture of Kenya’s public expenditure, projects hurdles ahead
Alfred Onyango  |  Jan 22, 2025

The latest figures show the Kenya Revenue Authority (KRA) missed the tax collection target in the first half ending December 2024 by Sh163.46 billion.

Kenya aims for Sh13.4 trillion in taxes as Ruto pushes economic reforms
Maureen Kinyanjui  |  Jan 22, 2025

In the following years, revenues are expected to grow, with Sh3.02 trillion targeted for the Financial Year 2025-2026 period and Sh3.42 trillion for  ...

KRA misses revenue target by Sh163 billion in first half of FY 2024-2025
Maureen Kinyanjui  |  Jan 21, 2025

The taxman collected Sh1.07 trillion between July and December 2024, falling short of the Sh1.23 trillion required to stay on course to meet the full-...

Kenyans brace for higher taxes as new levies take effect
Lucy Mumbi  |  Jan 17, 2025

From February, salaried employees will face a doubling of their National Social Security Fund (NSSF) contributions.

Stay ahead of the news! Click ‘Yes, Thanks’ to receive breaking stories and exclusive updates directly to your device. Be the first to know what’s happening.