KRA released its corporate plan for 2018/2021 on 16 January 2019. In the new plan KRA aims to collect revenue of up to Ksh6.1 trillion by 2021. It is an ambitious goal, which represents over 400 per cent increase in revenue collection from Ksh1.48 trillion collected in the financial year 2017/2018.
The government agency plans to achieve its goal by; expanding its tax base from 3.94 million tax payers to 7 million tax payers; changing its approach from enforcement to a segmented approach and using data to make decisions.
The Cabinet Secretary for National Treasury Henry Rotich, stated that the corporate plan is aligned to Kenya’s development agenda. According to Mr Rotich “a lot of effort has been put in the development of the 7th Corporate Plan and is expected to be a pivot in the success of the Big 4 Agenda.” The CS also emphasized that the national treasury will work closely with the revenue authority and other stakeholders to address Kenyans’ needs.
The KRA board chairman, Ambassador Francis Muthaura stated that the institution is committed to transform its approach to a customer-centric approach that will encourage tax payers to be compliant.