The Kenya Revenue Authority (KRA) says it collected a total of Kshs 43.9 billion under the Tax Amnesty Programme.
According to the authority 1,064,667 taxpayers benefited from the programme which was concluded at the close of the 2023/24 financial year on June 30, 2024.
“Through the tax amnesty programme, KRA waived penalties and interest amounting to Kshs. 507.7 billion benefiting 3,115,393 taxpayers between 1st September 2023 and 30th June 2024,” said Rispah Simiyu, KRA Commissioner for Domestic Taxes.
Highest collection was reported in June where the authority managed to collect a total of Ksh 15.1 billion
The tax amnesty programme was introduced through the Finance Act, 2023 allowing taxpayers to apply for amnesty of penalties and interests on tax debt for periods up to December 31, 2022.
“The waivers include those that were offered automatically after taxpayers filed their returns, declared and paid their principal taxes,” added Simiyu.
Under the amnesty programme, taxpayers were only required to pay the principal tax amount of their outstanding tax debts.
