The Kenya Revenue Authority (KRA) has recorded a significant performance in tax revenue collection for the Financial Year 2024/25, driven heavily by personal income taxes and non-oil revenues.
Pay-As-You-Earn (PAYE) emerged as the single largest contributor to the exchequer, netting Sh560.95 billion. This primary revenue stream experienced a 3.3 per cent growth compared to the previous period, underscoring the resilience of formal employment returns in the country.
Close behind salary deductions, non-oil taxes brought in a substantial Sh541.02 billion, cementing its position as a major pillar for state funding.
Consumer spending and local business transactions also provided a heavy boost to the taxman's coffers.
Domestic Value Added Tax (VAT) generated Sh327.34 billion, while profits from corporate entities, categorised under Corporation Tax, accounted for Sh304.83 billion.
In contrast to these heavy-hitting revenue streams, smaller domestic streams registered lower, yet notable figures.
Domestic excise duties yielded Sh69.39 billion for the financial year. Meanwhile, the gaming and gambling sector contributed the smallest portion among the major tracked streams, with betting taxes bringing in Sh13.23 billion.
Together, these figures highlight the current composition of Kenya’s tax landscape, where formal worker incomes and non-oil commerce carry the heaviest financial weight for the government.
