Government set to increase taxpayers brackets, Said President Ruto.

According to President William Ruto, every Kenyan with a national identity card, should have a Kenya Revenue Authority (KRA) pin.

On Friday, October 28, 2022, the Head of State stated at the annual Taxpayers’ Month at the Kenyatta International Convention Centre (KICC) that the action will help maximize tax collection.

“There are only 7 million people with KRA pin numbers. In the same economy, Safaricom’s MPESA has 30 million registered customers who transact billions daily. The fact that this opportunity remains unclear to KRA demonstrates why radical changes are necessary. Every Kenyan with an ID should have a KRA pin number.” He Said.

Ruto added that the tax office needs to stop burdening the wealthy and business with excessive taxes.

“KRA must also reflect equity by shifting from the overtaxing of trade to the undertaxing of wealth to enable the wealthy to bear an appropriate burden. We shall tax wealth, consumption, income and trade in that order,” he stated.

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