Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    KahawatunguKahawatungu
    Button
    • NEWS
    • BUSINESS
    • KNOW YOUR CELEBRITY
    • POLITICS
    • TECHNOLOGY
    • SPORTS
    • HOW-TO
    • WORLD NEWS
    KahawatunguKahawatungu
    BUSINESS

    KRA Surpasses Sh1 Trillion Revenue Collection Mark by October

    David WafulaBy David WafulaNovember 5, 2026No Comments2 Mins Read
    Facebook Twitter WhatsApp Telegram Email
    Share
    Facebook Twitter WhatsApp Telegram Pinterest Email Copy Link

    The Kenya Revenue Authority (KRA) has surpassed the Sh1 trillion revenue collection mark, raising Sh1.010 trillion by October 2026, a milestone achieved a month earlier than in previous financial years.

    In a statement, the tax authority said it collected Sh260.630 billion in October, exceeding its monthly target of Sh258.304 billion by Sh2.326 billion.

    The October collections represented a 15.5 per cent increase compared to the same month in 2025, reflecting growth in revenue performance across several tax categories.

    Customs revenue recorded its highest-ever monthly collection of Sh94.793 billion, representing an 11.3 per cent increase.

    Domestic revenue collections also posted strong growth, reaching Sh165.447 billion and exceeding the monthly target by Sh1.337 billion. The collections represented an 18.1 per cent increase compared to October 2025.

    Corporation tax collections stood at Sh23.932 billion, with the electricity, manufacturing, transportation and wholesale sectors contributing approximately 81 per cent of the total.

    Domestic Value Added Tax (VAT) collections reached Sh33.367 billion, surpassing the monthly target by Sh45 million and registering 22.1 per cent growth.

    Domestic excise duty also exceeded expectations, surpassing the monthly target by Sh945 million and recording 54.1 per cent growth. KRA attributed the performance to increased remittances across key product categories.

    “These results reflect sustained efforts to strengthen tax compliance, enhance revenue mobilisation and support national development,” KRA said.

    The authority also thanked taxpayers for meeting their obligations, noting that their contributions remained important in supporting the country’s economic sustainability and development.

    “KRA appreciates all taxpayers for remaining committed to honouring their tax obligations and supporting Kenya’s economic sustainability and development,” the authority added.

    Stay connected via Google News
    Follow us for the latest news updates and guides.
    Add as preferred source on Google

    Email your news TIPS to Editor@Kahawatungu.com — this is our only official communication channel

    Follow on Facebook Follow on X (Twitter)
    Share. Facebook Twitter WhatsApp LinkedIn Telegram Email
    David Wafula

    Related Posts

    Five arrested over Sh742,000 fake Bamburi Cement supply scam

    November 5, 2026

    Enos Njeru Retains KTDA Chairmanship Following Court Orders

    November 5, 2026

    Safaricom Reports 36% Growth in Net Income to Sh58.2 Billion in HY27

    November 5, 2026

    Comments are closed.

    Latest Posts

    Will Atiku Abubakar be on Nigeria’s presidential ballot after court ruling?

    November 6, 2026

    White House denies Hegseth and Rubio to leave jobs after Republican election losses

    November 6, 2026

    California governor commutes sentences for state’s 548 death row inmates

    November 6, 2026

    Trump signs order preventing future presidents from changing Oval Office

    November 6, 2026

    IG Kanja deploys additional police officers to boost security in Moyale amid Ethiopia tensions

    November 6, 2026

    Lawyer Abshir Abdi’s disappearance deepens as two friends also reported missing

    November 6, 2026

    Eastleigh building collapse death toll rises to eight as rescuers reach basement

    November 6, 2026

    Manhunt in western Turkey after eight killed in series of shootings

    November 6, 2026
    Facebook X (Twitter) Instagram Pinterest
    © 2026 Kahawatungu.com. Designed by Okii.

    Type above and press Enter to search. Press Esc to cancel.