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KRA Surpasses Revenue Target with Sh2.571tn Collection in 2024/25 Fiscal Year

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NAIROBIu,Kenya— The Kenya Revenue Authority (KRA) has collected Sh2.571 trillion in the 2024/25 financial year, surpassing its target of Sh2.555 trillion. 

This marks a 6.8% growth from the previous year’s Sh2.407 trillion and a performance rate of 100.6%.

The Authority attributed the growth to enhanced compliance, digital innovations, and strong performance in the second half of the year, which recorded a 9.1% revenue increase compared to 4.5% in the first half.

Customs revenue was a major contributor, collecting Sh879.3 billion against a target of Sh830.4 billion, translating to a growth of 11.1%. 

Domestic taxes brought in Sh1.688 trillion, while agency revenue surpassed targets at Sh248.3 billion.

“Despite the challenging economic environment in FY 2024/2025, taxpayers exhibited resilience and voluntarily paid their taxes to support the country’s economic transformation,” said the Commissioner General of KRA Humphrey Wattanga.

KRA noted positive macroeconomic trends, including easing inflation to 3.6%, a stronger shilling at Sh129.35/USD, and lower international oil prices, which helped stabilize fuel costs and support business activity.

Key tax heads such as PAYE (Sh560.9 billion), Corporation Tax (Sh304.8 billion), and betting taxes all showed strong performances. 

KRA credited this to measures like the rollout of eTIMS, use of AI at border points, and the tax amnesty program that yielded Sh29 billion.

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As it marks 30 years of service, KRA reaffirmed its commitment to digital transformation, integrity, and improving the taxpayer experience.

Phidel Kizito
Phidel Kizito
Phidel Kizito Odhiambo is a seasoned journalist and communications professional with over five years’ experience in storytelling across Kenya’s top newsrooms, including Capital FM, Standard Media, and Jedca Media. Skilled in digital journalism, strategic communications, and multimedia production, he excels at crafting impactful narratives on an array of beats, including business, tech, and sustainability.

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