The Kenya Revenue Authority (KRA) has partnered with the County government of Kisumu to unlock a Kes 4 billion revenue potential.
The Authority opines that the county can enhance its source revenue collection.
KRA Commissioner General Humphrey Wattanga said the partnership aims to enable the county to realize its potential to collect Kes 4 billion annually from the current revenue collection of Kes 1.2 billion.
During a meeting with the Kisumu County Governor, Prof Anyang Nyongo, Wattanga said that KRA will support the county through capacity building and aligning their tax processes.
“KRA will also partner with the county to identify and activate various revenue streams and tap them into the revenue basket,” he said.
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The Authority will take part in planning, predicting revenue goals, monitoring, and recording of collected revenue.
According to KRA data, Wattanga said the county has the potential to collect much more, and he emphasized that this is possible, provided the right institutions are developed and kept up.
To improve tax compliance and close revenue gaps, he asked the county to evaluate its processes and adopt technology, including a cashless system.
He also mentioned that KRA is prepared to support the county.
He confirmed that KRA had implemented similar tactics over time, which had increased tax collection.
On his part, Governor Nyong’o appreciated the working relationship between KRA and the county.
He promised that his administration is committed to expanding its revenue base and enhancing revenue collection to support the country’s development agenda and services.
He stated that the county has made significant progress in revenue collection, and using the Electronic Revenue platform has increased income.
According to Prof. Nyongo, implementing a platform for cashless payments and collaborating with Safaricom on implementing the tax system will inevitably result in an increase in collection.
