KRA's July 2026 Revenue Target at a Glance
The authority says it recorded a positive outcome during the month, surpassing its set revenue target
The authority says it recorded a positive outcome during the month, surpassing its set revenue target
The authority attributed the growth to increased contributions from various import categories, alongside efforts to improve compliance and facilitate the movement of cargo through the country’s ports and border points
Shippers Council of Eastern Africa (SCEA) says the process creates another layer of reporting even though traders already submit the same information through the Import Declaration Form, shipping manifests, the KenTrade National Electronic Single Window System and KRA customs platforms.
The authority said the declaration captures key information about the cargo, vessel, exporter and shipment before transportation begins. Once the information is reviewed and approved, the system generates an ACD Reference Code, which must appear on the Bill of Lading before the cargo is shipped
The tax amnesty, which took effect on July 1 and will run until December 31, 2026, was brought back under the Finance Act, 2026. It allows taxpayers to enjoy a 100 per cent waiver of penalties, interest and fines on tax debts that accumulated up to December 31, 2025, as long as they meet the conditions set under the law.
Under the programme, eligible taxpayers will receive a 100 per cent waiver on penalties, interest and fines once they settle the principal tax within the amnesty period. The relief is conditional on payment of the main tax owed within the set timeline.
According to National Police Service, officers acted on credible intelligence before flagging down the vehicle and carrying out a search that led to the discovery of the cooking oil consignment.
Under the revised law, individual taxpayers will be required to file their income tax returns by the last day of the fourth month after the end of their year of income. For most individuals whose year of income ends on December 31, the filing deadline will now be April 30.
The Finance Bill 2026, proposed several tax changes, including a deemed 5% tax on imported second-hand clothing (mitumba) based on customs value, which traders would pay at the point of importation
Although the National Assembly has 349 members, the voting pattern has become more fluid due to political realignments that blur party lines.
Among the proposals rejected was a plan to remove a legal protection that currently prevents KRA from attaching a taxpayer's bank account once an appeal against a tax assessment has been filed.
Economist and KRA Chair Ndiritu Muriithi says Kenya has industrial capacity, but weak policy incentives and low confidence in locally made goods are slowing manufacturing. He urges counties to target interventions and improve local revenue collection.