KRA’s key tax heads register growth subdued growth in last financial year

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PAYE grew by 7.9 per cent as a result of subdued growth in the private sector employment/FILE NAIROBI, Kenya, Aug 6 – Kenya Revenue Authority (KRA) major revenue generators registered slow growth in last financial year. According to the tax man 2018/2019 financial report, one of the leading tax sectors domestic tax revenue rose. “Domestic Excise the tax head, which grew by 12.3per cent is a volume driven tax and dependent on volume growth in cigarettes and beer. Thus, the growth was primarily explained by slow volume growth in cigar...