KRA targets KES 5.2 trillion collections in the next 3 years
21 September 2015, 15:48
Nairobi - Kenya Revenue Authority (KRA) launched its 6th corporate plan that will run for the next three years (2015/16 - 2017/18).
The plan was developed to provide a roadmap for KRA to attain revenue collections of up to KES 5.2 trillion in the next three years.
The new plan also provides a framework for further transformation at the Authority as it seeks to facilitate Kenya’s ease of doing business ranking scores among other critical elements.
As part of the plan, KRA is committed in improving Kenya’s doing business ranking to top 50 within the next 3 years and the enhancement of border control as part of the overall national security improvement.
The authority inaugurates the implementation of the 6th Corporate Plan having posted impressive revenue figures during the previous plan (5th Corporate Plan) with significant growth in revenue collections, from KES 800.5 billion in 20012/13, to KES 963.8 billion in 2013/14, to KES 1 trillion in 2014/15, a growth of 15% over the plan period.
Speaking at the launch, KRA’s Commissioner General John Njiraini said the plan presents KRA’s strategic direction towards the actualization of its vision, to facilitate its transformation agenda, through innovative, professional and customer-focused tax administration.
“The Authority has developed a three-year blueprint dubbed Vision 2018 which consists of 12 specific and measurable performance indicators.”
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Implementation to the plan seeks to increase revenue collection from KES 1 067 million in 2014/15 to 2 050 million in 2017/18, improve the payment of taxes rank from 102 to 50, raise electronic filing and payment to 80% from 20% in 2014/15, and zero tolerance to corruption.
“We have rolled out the process of changing our tax compliance approach to focus more on customer facilitation which involves building trustful relationships internally (amongst staff) and externally (with taxpayers and other stakeholders) as the impetus to sustain tax compliance enhancement in the long term. KRA’s Commissioner General,” Njiraini added.
The plan was developed in consultation with KRA’s internal and external stakeholders and it captures the local, regional and international trends and emerging issues in the revenue administration initiatives.
“During the planning process, it became apparent that there was a need to review and revise the Vision, mission and core values. The new Vision needed to capture KRA’s pivotal role in Kenya’s transformation. The mission needed to reflect KRA’s approach to taxpayer engagement and our core values needed to be reduced to a manageable number and to be aligned with the new direction,” Njiriaini said.
The initiatives and activities have been formulated under each strategic goal and their implementation will contribute significantly in attaining the expected collection estimated at KES 5.2 trillion over the plan period.
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