Kenyan leader urges tax agency to limit revenue losses
Kenyan President Uhuru Kenyatta on Friday called on the Kenya Revenue Authority (KRA) to work with other agencies in the multi-agency framework to tackle illicit trade and prevent any loss of revenue due to tax evasion.
The president stressed that paying taxes allows Kenyans to take ownership of the governance of the country and the achievement of shared development aspirations.
âI have to stress that to get the best Kenya we want, we must all be ready and willing to return the favor by paying our taxes and on time,â Kenyatta said in Nairobi when he chaired National Taxpayers Day 2021 .
He said he was pleased that during his tenure, ordinary revenue more than doubled from 707 billion shillings (about $ 6.4 billion) in fiscal year 2011/12 to $ 15 billion in fiscal year 2011/12. from the period 2020/21.
Kenyatta urged taxpayers to pay their fair share of tax quickly, file diligently and avoid evasive tactics that undermine the country’s ability to finance its development.
“Every eligible taxpayer must realize that paying their fair share of taxes is not only an obligation but it is a demonstration of patriotism,” he added.
He also encouraged all those who owe taxes from previous periods to be patriotic in honoring their obligation.
“I urge you to take advantage of the ongoing voluntary tax disclosure program and benefit from full exemption from interest and penalties,” Kenyatta said.
He observed that improving revenue collection through tax simplification, technology-driven compliance and broadening the tax base is integral to the strategy to Build Back Better.
âTo this end, the government will spare no effort to facilitate tax reforms aimed at mobilizing revenues for inclusive national development,â Kenyatta said.
Ukur Yatani, cabinet secretary to the National Treasury, said the country has seen positive signs of economic recovery, starting with improved incomes over the past four years.
Yatani added that the National Treasury will maintain the positive trajectory of increasing tax revenue to enable the government to meet its development priorities.