HomeBusinessKRAKRA seeks Kenyans opinion on changing to Kenya Revenue Service

KRA seeks Kenyans opinion on changing to Kenya Revenue Service

Kenya Revenue Authority is seeking Kenyans thoughts on its transition to Kenya Revenue Service.

Via Twitter on Wednesday, KRA asked what Kenyans thought of the name change saying it intends to perfect service delivery to all taxpayers.

“The term “Authority” sometimes has a connotation of command and commanding is not the real role of KRA. We are the servants of the taxpayers; we are giving taxpayers services,” KRA said.

“Our goal is to perfect service delivery to the taxpayers and build relations founded on trust in order to optimize revenue collection without necessarily recommending more taxes.”

“The other focus point is to ensure that we have a tax regime that is good for the economy. KRA has geared up towards tax base expansion as a tool for establishing a stable equilibrium in the taxation equation.”

KRA is currently sealing tax gaps in push to hit Sh1.8 trillion target.

It is also keen on tax base expansion which focuses on bringing on board citizens and business previously not paying taxes into the tax net.

There is also an enhanced compliance efforts focussing on ensuring taxpayers file returns and pay correct taxes, and an extensive use of data and intelligence to unearth unpaid taxes.

Currently, there are over 570 tax disputes tied up in courts with tax assessments of Sh150 billion.

According to IMF, Kenya’s tax gap remains high at 45 per cent for VAT, indicating the need to sustain tax base expansion efforts and upscaling of the fight against tax evasion and illicit trade, Mburu said in a statement.

“The authority is optimistic that sustained compliance efforts will continue to yield positive outcomes for the country,” he said.

The authority remains keen on hitting its current annual financial year targets for the second time, after surpassing the Sh1.652 trillion target for 2020/2021 with a surplus of Sh16.81 billion.

Last month, in announced it had collected Sh154.4 billion in the month of October against a target of Sh142.2 billion.

The reopening of the economy comes as a boost for the taxman who remains optimistic of a better performance in the second quarter of the current financial year.

KRA commenced the new financial year on an upward trajectory after surpassing its July-September target of Sh461.7 billion by Sh15.1 billion, a 30 growth.

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